Data as of Nov 4, 2026.
DAPR vs MAYP: Cap, Buffer & Days Left
As of Nov 4, 2026 DAPR can fall 10.4% before its buffer engages and MAYP 5.7%, and DAPR resets 14 days sooner.
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Net assets: $334m on Nov 3, 2026 for FT Vest U.S. Equity Deep Buffer ETF - April, and $37m on Nov 4, 2026 for PGIM S&P 500 Buffer 12 ETF - May.
DAPR: reference +8.0% since period start, fund +5.0%; buffer −5 to −30; cap +12.0%; Between buffer and cap. Data to Nov 4, 2026.
DAPR: reference +8.0% since period start, fund +5.0%; buffer −5 to −30; cap +12.0%; Between buffer and cap. Data to Nov 4, 2026.MAYP: reference +6.7% since period start, fund +5.5%; buffer 0 to −12; cap +14.9%; Between buffer and cap. Data to Nov 4, 2026.
MAYP: reference +6.7% since period start, fund +5.5%; buffer 0 to −12; cap +14.9%; Between buffer and cap. Data to Nov 4, 2026.Pair scorecard
MAYP costs 0.35 points a year less; their one-year returns differ by 1.7 points; DAPR is 9.0 times larger.
Points (pts) are percentage points.
| Measure | DAPR | MAYP |
|---|---|---|
| Return | ||
| Total return, 1 year | +8.4% | +10.1% |
| Drawdown | ||
| Index fall to the buffer | 12.0% | 6.3% |
| Benchmark | ||
| What it tracks | SPY | SPY |
| Cost and size | ||
| Expense ratio | 0.85% | 0.50% |
| Net assets, as of Nov 3, 2026 | $334m | $37m |
| Holdings | ||
| Holdings in common | not published | |
How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed
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 →
Window by window
| Total return | Gap to the reference's price return | |||
|---|---|---|---|---|
| Window | DAPR | MAYP | DAPR | MAYP |
| 3 months | +1.1% | +1.0% | +1.5 pts | +1.4 pts |
| 6 months | +3.7% | +4.3% | −0.8 pts | −0.2 pts |
| 1 year | +8.4% | +10.1% | −5.2 pts | −3.4 pts |
| 3 years | +36.5% | – | −39.9 pts | – |
| Since launchNot the same days: DAPR Apr 2021 · MAYP May 2024 | +39.9% | +33.9% | −44.8 pts | −19.4 pts |
Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
Where each one stands today
DAPR resets first, on Apr 16, 2027, 163 days from now; MAYP runs to Apr 30, 2027, 177 days. DAPR can still gain 5.9% before its cap, MAYP 8.4%. A fall from here reaches DAPR’s buffer after 10.4% and MAYP’s after 5.7%. Both track SPY, so what separates them is where each is in its own period.
DAPR
From its price on Nov 4, 2026, the fund can gain about 5.9% more before it reaches its cap. The fund's price can fall 10.4% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 12.0% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 163 days remained on Nov 4, 2026. On Apr 16, 2027 the period ends and a new cap is set.
MAYP
From its price on Nov 4, 2026, the fund can gain about 8.4% more before it reaches its cap. The fund's price can fall 5.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 6.3% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level. 177 days remained on Nov 4, 2026. On Apr 30, 2027 the period ends and a new cap is set.
Questions people ask
Links are sources, not endorsements. 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 number 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 number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, DAPR against MAYP, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/dapr-vs-mayp
ETFIQ. (Nov 4, 2026). DAPR against MAYP. Retrieved from https://etfiq.com/compare/buffer/dapr-vs-mayp
[DAPR against MAYP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/buffer/dapr-vs-mayp)
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