GMAYvsSPYIETF Comparison
FT Vest U.S. Equity Moderate Buffer ETF - May (GMAY) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. GMAY is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.68% for SPYI. GMAY is up 7.15% year-to-date (YTD) with +$116M in YTD flows. SPYI performs better with 11.28% YTD performance, and +$5.43B in YTD flows. Run a side-by-side ETF comparison of GMAY 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.
GMAY vs SPYI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GMAY SPYI | +1.42%+1.71% | +2.11%+2.73% | +7.15%+11.28% | +9.37%+15.93% | +41.50%+60.69% | n/an/a |
| Flows | GMAY SPYI | -$74M+$465M | -$95M+$1.86B | +$116M+$5.43B | +$108M+$6.58B | +$243M+$11.71B | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GMAY SPYI | +5.50%+8.90% | +5.47%+10.72% | +7.88%+12.54% | n/an/a |
| Max drawdown | GMAY SPYI | -1.63%-2.47% | -3.10%-7.69% | -10.62%-16.58% | n/an/a |
| Max drawdown duration | GMAY SPYI | 16d15d | 41d48d | 84d125d | n/an/a |
GMAY | SPYI | |
Last sale 10/16/2026 at 1:30 PM | $43.97 | $53.35 |
| Previous close 10/15/2026 | $44.24 | $53.82 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
GMAY | SPYI | |
|---|---|---|
| Last price | $43.97 | $53.35 |
| 1D performance | -0.60% | -0.87% |
| AuM | $446.95 M | $12.49 B |
| E/R | 0.85% | 0.68% |
GMAY | 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 19, 2023 | August 30, 2022 |
| ESG | No | No |
