UXJL vs. MAYU

Last updated Jun 6, 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. 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 8.90% return, which is significantly higher than MAYU's 7.51% return.

UXJL

• 1D: -3.02%
• 1M: 0.47%
• YTD: 8.90%
• 6M: 8.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAYU

• 1D: -1.98%
• 1M: 0.51%
• YTD: 7.51%
• 6M: 7.11%
• 1Y: 21.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*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	8.90%	9.31%
MAYU AllianzIM U.S. Equity Buffer15 Uncapped May ETF	7.51%	7.35%

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 (All Time) Calculated using the full available price history since Jul 22, 2025	0.99

Return for Risk

UXJL vs. MAYU — Risk / Return Rank

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

MAYU

MAYU Risk / Return Rank: 59
MAYU Sharpe Ratio Rank: 61
MAYU Sortino Ratio Rank: 60
MAYU Omega Ratio Rank: 61
MAYU Calmar Ratio Rank: 51
MAYU Martin Ratio Rank: 62

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UXJL	MAYU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	1.21	+0.34

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	—	-9.14%	—
Current Drawdown Current decline from peak	-3.32%	-2.17%	-1.15%
Average Drawdown Average peak-to-trough decline	-1.51%	-2.28%	+0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	UXJL	MAYU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	11.29%	+2.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	12.99%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.24%	12.99%	+1.25%

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 ETF is better, UXJL or MAYU?

On fees, MAYU is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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.