FMAYvsSPYIETF Comparison
VS
FT Vest U.S. Equity Buffer ETF - May (FMAY) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. FMAY is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.68% for SPYI. FMAY is up 7.56% year-to-date (YTD) with +$326M in YTD flows. SPYI performs better with 11.68% YTD performance, and +$5.45B in YTD flows. Run a side-by-side ETF comparison of FMAY and SPYI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FMAY vs SPYI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMAY SPYI | +1.21%-0.29% | +1.82%+4.13% | +7.56%+11.68% | +10.66%+14.64% | +47.90%+63.72% | +54.13%n/a |
| Flows | FMAY SPYI | -$4M+$307M | +$31M+$1.77B | +$326M+$5.45B | +$363M+$6.54B | +$627M+$11.72B | +$984M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMAY SPYI | +7.17%+8.80% | +7.10%+10.70% | +9.49%+12.54% | +11.08%n/a |
| Max drawdown | FMAY SPYI | -1.78%-2.26% | -4.34%-7.69% | -12.87%-16.58% | -13.54%n/a |
| Max drawdown duration | FMAY SPYI | 15d10d | 41d48d | 106d125d | 442dn/a |
Trading data
FMAY | SPYI | |
Last sale 10/20/2026 at 1:30 PM | $57.70 | $53.67 |
| Previous close 10/19/2026 | $57.57 | $53.54 |
| Consolidated volume 10/19/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
FMAY | SPYI | |
|---|---|---|
| Last price | $57.70 | $53.67 |
| 1D performance | +0.23% | +0.24% |
| AuM | $1.47 B | $12.56 B |
| E/R | 0.85% | 0.68% |
Characteristics
FMAY | SPYI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | NEOS Investment Management |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 15, 2020 | August 30, 2022 |
| ESG | No | No |
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Exposure
Countries
FMAY
Data will be available soon
SPYI
Data will be available soon
Sectors
FMAY
Data will be available soon
SPYI
Data will be available soon
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Diversification
FMAY
Data will be available soon
SPYI
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
FMAY
Data will be available soon
SPYI
Data will be available soon
Frequently asked questions about FMAY and SPYI
How have the FMAY and SPYI ETFs performed in 2026?
As of October 16, 2026, FMAY is up 7.56% year-to-date (YTD), while SPYI has returned 11.68%. That puts SPYI better performer ahead so far this year.
Which ETF is attracting more investor money: FMAY or SPYI?
Year-to-date, the FMAY ETF saw +$326M in flows, compared to +$5.45B for SPYI.
Which ETF is more volatile: FMAY or SPYI?
Over the past year, FMAY had a volatility of 7.1%, while SPYI experienced 10.7%.
Which ETF is bigger: FMAY or SPYI?
As of October 16, 2026, FMAY holds $1.47 B in assets under management (AUM), while SPYI manages $12.56 B.
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