ACEI vs DMAY
Innovator Equity Autocallable Income Strategy ETF vs FT Vest US Equity Deep Buffer ETF - May
Which is better, ACEI or DMAY?
Each has led over a different period.
ACEI has a lower expense ratio. ACEI led over 1Y, DMAY over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACEI | DMAY |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.85% |
| AUM | $52M | $390M |
| Dividend Yield | 11.88% | 0.00% |
| Holdings | 26 | 10 |
| YTD Return | +7.65%Best | +6.49% |
| 1Y Return | +9.38%Best | +8.98% |
| 3Y Return (annualized) | - | +12.02% |
| 5Y Return (annualized) | - | +7.16% |
| Volatility (annualized) | 10.2% | 4.2%Best |
| Max Drawdown | -9.3% | -3.4%Best |
| $10,000 over 1.1 years | $10,755 | $10,959Best |
| Fund Family | Innovator ETFs Trust | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 24, 2025 | May 15, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 25, 2025 to Oct 14, 2026 (1.1 years).
ACEI vs DMAY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.1 years both funds cover.
ACEI vs DMAY Performance
Innovator Equity Autocallable Income Strategy ETF (ACEI) is an ETF from Innovator ETFs Trust and FT Vest US Equity Deep Buffer ETF - May (DMAY) is an ETF from First Trust Portfolios (US). Over the past year ACEI returned +9.38% while DMAY returned +8.98%. Year to date, ACEI is up 7.65% versus a gain of 6.49% for DMAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACEI has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 4.2% for DMAY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.3% for ACEI and -3.4% for DMAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACEI charges 0.79% per year while DMAY charges 0.85%. On a $10,000 position that is $79 vs $85 annually, a gap of $6 per year that compounds over a long holding period. On income, ACEI currently yields 11.88% against 0.00% for DMAY.
You are not choosing between two funds in isolation.
Whichever of ACEI and DMAY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACEI or DMAY?
ACEI has an expense ratio of 0.79% while DMAY charges 0.85%. ACEI is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, ACEI or DMAY?
Over the past year ACEI returned +9.38% vs +8.98% for DMAY, so ACEI leads on 1-year performance. Over the longest common window we track (1 years), ACEI annualized +6.84% vs +8.68% for DMAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACEI or DMAY?
ACEI has been the more volatile fund at 10.2% annualized versus 4.2% for DMAY. Worst drawdown: ACEI -9.3% vs DMAY -3.4%.
Should I hold both ACEI and DMAY?
ACEI and DMAY have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ACEI or DMAY?
ACEI yields 11.88% while DMAY yields 0.00%, so ACEI currently pays the higher dividend yield.
Is DMAY better than ACEI?
ACEI has a lower expense ratio. ACEI led over 1Y, DMAY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.