UXJL vs. MAYU

Last updated Jul 22, 2026

UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and MAYU (AllianzIM U.S. Equity Buffer15 Uncapped May ETF) are both Defined Outcome funds. Both are actively managed. Over the past year, UXJL returned 20.73% vs 16.31% for MAYU. With a 0.99 correlation, they move nearly in lockstep. UXJL charges 0.85%/yr vs 0.74%/yr for MAYU.

Performance

UXJL vs. MAYU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and AllianzIM U.S. Equity Buffer15 Uncapped May ETF (MAYU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJL achieves a 10.45% return, which is significantly higher than MAYU's 8.35% return.

UXJL

• 1D: 0.82%
• 1M: -0.28%
• 6M: 11.53%
• YTD: 10.45%
• 1Y: 20.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.98%

MAYU

• 1D: 0.78%
• 1M: -0.20%
• 6M: 9.12%
• YTD: 8.35%
• 1Y: 16.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UXJL vs. MAYU - Yearly Performance Comparison

	2026 (YTD)	2025
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	10.45%	8.62%
MAYU AllianzIM U.S. Equity Buffer15 Uncapped May ETF	8.35%	7.54%

Correlation

The correlation between UXJL and MAYU is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025	0.99

The correlation between UXJL and MAYU has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

UXJL vs. MAYU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UXJL

UXJL Risk / Return Rank: 56
UXJL Sharpe Ratio Rank: 56
UXJL Sortino Ratio Rank: 54
UXJL Omega Ratio Rank: 53
UXJL Calmar Ratio Rank: 53
UXJL Martin Ratio Rank: 63

MAYU

MAYU Risk / Return Rank: 52
MAYU Sharpe Ratio Rank: 53
MAYU Sortino Ratio Rank: 53
MAYU Omega Ratio Rank: 51
MAYU Calmar Ratio Rank: 46
MAYU Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UXJL vs. MAYU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) and AllianzIM U.S. Equity Buffer15 Uncapped May ETF (MAYU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UXJL	MAYU	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.40	+0.05
Sortino ratio: Return per unit of downside risk	2.03	2.01	+0.03
Omega ratio: Gain probability vs. loss probability	1.26	1.25	+0.01
Calmar ratio: Return relative to maximum drawdown	2.02	1.79	+0.23
Martin ratio: Return relative to average drawdown	8.30	7.65	+0.65

UXJL vs. MAYU - Sharpe Ratio Comparison

The current UXJL Sharpe Ratio is 1.45, which is comparable to the MAYU Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of UXJL and MAYU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UXJL vs. MAYU - Drawdown Comparison

The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum MAYU drawdown of -15.37%. Use the drawdown chart below to compare losses from any high point for UXJL and MAYU.

Drawdown Indicators

	UXJL	MAYU	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-15.37%	+5.08%
Max Drawdown (1Y) Largest decline over 1 year	-10.29%	-9.14%	-1.15%
Current Drawdown Current decline from peak	-1.94%	-1.41%	-0.53%
Average Drawdown Average peak-to-trough decline	-1.62%	-2.25%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	2.14%	+0.36%

Volatility

UXJL vs. MAYU - Volatility Comparison

FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) has a higher volatility of 3.76% compared to AllianzIM U.S. Equity Buffer15 Uncapped May ETF (MAYU) at 3.25%. This indicates that UXJL's price experiences larger fluctuations and is considered to be riskier than MAYU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UXJL	MAYU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	3.25%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	11.61%	9.33%	+2.28%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	11.71%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	12.91%	+1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	12.91%	+1.49%

UXJL vs. MAYU - Expense Ratio Comparison

UXJL has a 0.85% expense ratio, which is higher than MAYU's 0.74% expense ratio.

Dividends

UXJL vs. MAYU - Dividend Comparison

Neither UXJL nor MAYU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UXJL and MAYU in my portfolio?

With a correlation of 0.99, UXJL and MAYU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, UXJL or MAYU?

UXJL has higher volatility (3.76%) compared to MAYU (3.25%). In terms of maximum drawdown, UXJL dropped -10.29% vs MAYU's -15.37%.

Which ETF is better, UXJL or MAYU?

On 1-year performance, UXJL leads with 20.73% vs 16.31% for MAYU. On fees, MAYU is cheaper at 0.74% per year. On volatility, MAYU has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UXJL or MAYU?

Over the 1-year period, UXJL has performed better with a 20.73% return vs 16.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UXJL or MAYU?

MAYU is cheaper with a 0.74% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, UXJL or MAYU?

UXJL and MAYU have nearly identical dividend yields, around 0.00%.

What is the main difference between UXJL and MAYU?

They also come from different issuers: First Trust and Allianz. Their fees differ too: 0.85% for UXJL and 0.74% for MAYU.

Which has better risk-adjusted returns?

UXJL currently has the higher Sharpe Ratio (1.45 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.