Which resets first, BMAY or MAYC?

BMAY ends its outcome period on Apr 30, 2027 and MAYC on Apr 30, 2027. A new cap is set the day after each.

Which is cheaper, BMAY or MAYC?

BMAY charges 0.79% a year and MAYC charges 0.30%, so MAYC is cheaper. Fees come from each fund's prospectus.

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BMAY vs MAYC: Cap, Buffer & Days Left

MAYC can fall 7.6% before its buffer engages as of Oct 12, 2026, and BMAY 6.5% as of Oct 13, 2026. Net assets on Oct 12, 2026: $238m for Innovator U.S. Equity Buffer ETF - May and $2m for Corgi U.S. Equities 10% Structured Buffer ETF - May Series.

MAYC costs 0.49 points a year less; BMAY is far larger, $238m against $2m.

Points (pts) are percentage points.

BMAY vs MAYC: Cap, Buffer & Days Left
	BMAY	MAYC
Expense ratio	0.79%	0.30%
Net assets, as of Oct 12, 2026	$238m	$2m
Total return, 1 year	+13.0%	not published
What it tracks	SPY	SPY
Holdings in common	not published
Index fall to the buffer	7.5%	7.6%

BMAYBetween buffer and cap

BMAY: reference +8.2% since period start, fund +6.5%; buffer 0 to −9; cap +16.9%; Between buffer and cap. Figures to Oct 13, 2026.

MAYCBetween buffer and cap

MAYC: reference +8.3% since period start, fund +6.4%; buffer 0 to −10; cap +13.5%; Between buffer and cap. Figures to Oct 12, 2026.

ETFIQ Downside Cover Score · MAYC scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

BMAY 19.7

MAYC 37.3

0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

BMAY resets first, on Apr 30, 2027, 199 days from now; MAYC runs to Apr 30, 2027, 200 days. A fall from here reaches BMAY’s buffer after 6.5% and MAYC’s after 7.6%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: BMAY vs MAYC: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	BMAY	MAYC	BMAY	MAYC
3 months	+3.5%	+2.9%	−0.3 pts	−0.9 pts
6 months	+7.1%	not published	−6.3 pts	not published
1 year	+13.0%	not published	−6.1 pts	not published
3 years	+56.9%	not published	−23.4 pts	not published
Since launch Not the same days: BMAY May 2020 · MAYC May 2026	+95.1%	+5.3%	−80.0 pts	−2.6 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

On the same fields

BMAY

Innovator U.S. Equity Buffer ETF - May · Absorbs the first 9% of loss on SPY and caps the gain at 16.9%, over a period ending Apr 30, 2027

MAYC

Corgi U.S. Equities 10% Structured Buffer ETF - May Series · Absorbs the first 10% of loss on SPY and caps the gain at 13.5%, over a period ending Apr 30, 2027

Issuer Innovator Corgi

Reference index SPY SPY

Buffer 9% 10%

Outcome period Apr 30, 2026 to Apr 30, 2027 May 1, 2026 to Apr 30, 2027

Days left 199 200

Starting cap +16.9% +13.5%

Can still gain 9.4% not published

Fall before buffer 6.5% 7.6%

Protection left, index points 9.0% of 9.0% 10.0% of 10.0%

Index return this period +8.2% +8.3%

Fund return this period +6.5% +6.4%

State today Open Open

Expense ratio 0.79% 0.30%

Net assets, as of Oct 12, 2026 $238m $2m

As of Oct 13, 2026. Source: ETFIQ.

About BMAY

From its price on Oct 13, 2026, the fund can gain about 9.4% more before it reaches its cap. The fund's price can fall 6.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.5% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 199 days remained on Oct 13, 2026. On Apr 30, 2027 the period ends and a new cap is set.

About MAYC

The fund's price can fall 7.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.6% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 200 days remained on Oct 12, 2026.

Questions people ask

Which resets first, BMAY or MAYC?: BMAY ends its outcome period on Apr 30, 2027 and MAYC on Apr 30, 2027. A new cap is set the day after each.
Which is cheaper, BMAY or MAYC?: BMAY charges 0.79% a year and MAYC charges 0.30%, so MAYC is cheaper. Fees come from each fund's prospectus.

Other comparisons

BMAY vs HMAY BMAY vs CPSP BMAY vs MAYP BMAY vs DDTY MAYC vs MAYT MAYC vs MAYW MAYC vs GAPR MAYC vs DAPR

SPY →BMAY on its own →MAYC on its own →How every figure is computed →Standards and sources →

Where these figures came from

BMAY filings on SEC EDGAR ↗Innovator page for BMAY ↗MAYC filings on SEC EDGAR ↗Corgi website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every figure from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BMAY against MAYC, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/bmay-vs-mayc

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.