DJAN vs GMAY
FT Vest US Equity Deep Buffer ETF - January vs FT Vest US Equity Moderate Buffer ETF - May
Which is better, DJAN or GMAY?
DJAN has been ahead.
DJAN led over 1Y, 3Y and 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 | DJAN | GMAY |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $455M | $448M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +7.90%Best | +6.79% |
| 1Y Return | +11.42%Best | +9.14% |
| 3Y Return (annualized) | +12.54%Best | +12.19% |
| 5Y Return (annualized) | +7.97% | - |
| Volatility (annualized) | 6.2% | 6.0%Best |
| Max Drawdown | -9.3%Best | -11.8% |
| $10,000 over 3.4 years | $14,826Best | $14,598 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 15, 2021 | May 19, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 22, 2023 to Oct 14, 2026 (3.4 years).
DJAN vs GMAY 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 3.4 years both funds cover.
DJAN vs GMAY Performance
FT Vest US Equity Deep Buffer ETF - January (DJAN) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Moderate Buffer ETF - May (GMAY) is an ETF from First Trust Portfolios (US). Over the past year DJAN returned +11.42% while GMAY returned +9.14%. Year to date, DJAN is up 7.90% versus a gain of 6.79% for GMAY.
Over three years, DJAN compounded at +12.54% per year against +12.19% for GMAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DJAN has been the more volatile fund, with annualized monthly volatility of 6.2% compared with 6.0% for GMAY. 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 DJAN and -11.8% for GMAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DJAN charges 0.85% per year while GMAY charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, DJAN currently yields 0.00% against 0.00% for GMAY.
You are not choosing between two funds in isolation.
Whichever of DJAN and GMAY 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, DJAN or GMAY?
DJAN has an expense ratio of 0.85% while GMAY charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, DJAN or GMAY?
Over the past year DJAN returned +11.42% vs +9.14% for GMAY, so DJAN leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DJAN or GMAY?
DJAN has been the more volatile fund at 6.2% annualized versus 6.0% for GMAY. Worst drawdown: DJAN -9.3% vs GMAY -11.8%.
Should I hold both DJAN and GMAY?
DJAN and GMAY have a monthly-return correlation of 0.88, 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, DJAN or GMAY?
DJAN yields 0.00% while GMAY yields 0.00%, so GMAY currently pays the higher dividend yield.
Is GMAY better than DJAN?
DJAN led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.