SMAY vs SNOV
FT Vest US Small Cap Moderate Buffer ETF - May vs FT Vest US Small Cap Moderate Buffer ETF - November
Which is better, SMAY or SNOV?
SNOV has been ahead.
SNOV 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 | SMAY | SNOV |
|---|---|---|
| Expense Ratio | 0.90%Tie | 0.90%Tie |
| AUM | $111M | $113M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +4.73% | +8.98%Best |
| 1Y Return | +6.82% | +6.96%Best |
| 3Y Return (annualized) | +10.57% | +10.87%Best |
| Volatility (annualized) | 9.2% | 8.1%Best |
| Max Drawdown | -14.4%Best | -15.4% |
| $10,000 over 2.9 years | $13,239 | $13,488Best |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 19, 2023 | Nov 17, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 20, 2023 to Oct 14, 2026 (2.9 years).
SMAY vs SNOV 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 2.9 years both funds cover.
SMAY vs SNOV Performance
FT Vest US Small Cap Moderate Buffer ETF - May (SMAY) is an ETF from First Trust Portfolios (US) and FT Vest US Small Cap Moderate Buffer ETF - November (SNOV) is an ETF from First Trust Portfolios (US). Over the past year SMAY returned +6.82% while SNOV returned +6.96%. Year to date, SMAY is up 4.73% versus a gain of 8.98% for SNOV.
Over three years, SMAY compounded at +10.57% per year against +10.87% for SNOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMAY has been the more volatile fund, with annualized monthly volatility of 9.2% compared with 8.1% for SNOV. 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 -14.4% for SMAY and -15.4% for SNOV. 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
SMAY charges 0.90% per year while SNOV charges 0.90%. On a $10,000 position that is $90 vs $90 annually. On income, SMAY currently yields 0.00% against 0.00% for SNOV.
You are not choosing between two funds in isolation.
Whichever of SMAY and SNOV 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, SMAY or SNOV?
SMAY has an expense ratio of 0.90% while SNOV charges 0.90%. At the precision these are quoted to, they cost the same.
Which performed better, SMAY or SNOV?
Over the past year SMAY returned +6.82% vs +6.96% for SNOV, so SNOV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SMAY or SNOV?
SMAY has been the more volatile fund at 9.2% annualized versus 8.1% for SNOV. Worst drawdown: SMAY -14.4% vs SNOV -15.4%.
Should I hold both SMAY and SNOV?
SMAY and SNOV 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, SMAY or SNOV?
SMAY yields 0.00% while SNOV yields 0.00%, so SNOV currently pays the higher dividend yield.
Is SNOV better than SMAY?
SNOV 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.