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Data as of .

HMAY vs PMMY: which one stands where?

As of Sep 21, 2026 HMAY can fall 5.0% before its buffer engages and PMMY 2.4%, and PMMY resets 3 days sooner.

Corgi U.S. Equities 100% Structured Buffer ETF - May Series and PGIM S&P 500 Max Buffer ETF - May.

HMAYFull floor
full floor beneathfull floor0% period start+6.5% capTODAY · SPY +5.3%full floor beneathfull floor0% start+6.5% capTODAY · SPY +5.3%
PMMYAt its cap
full floor beneath+7%full floor0% period start+7.0% capTODAY · SPY +7.7%full floor beneathfull floor0% start+7.0% capTODAY · SPY +7.7%

Where each one stands today

PMMY resets first, on Apr 30, 2027, 221 days from now; HMAY runs to Apr 30, 2027, 224 days. A fall from here reaches HMAY’s buffer after 5.0% and PMMY’s after 2.4%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

HMAY and PMMY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
HMAYPMMYHMAYPMMY
3 months+0.2%+1.1%−2.0 pts−1.1 pts
6 monthsnot published+2.7%not published−15.3 pts
1 yearnot published+4.8%not published−11.8 pts
Open the live comparison on ETFIQ
HMAY and PMMY on the same fields, as of Sep 21, 2026. Source: ETFIQ.
HMAY
Corgi U.S. Equities 100% Structured Buffer ETF - May Series
Absorbs the whole loss on SPY and caps the gain at 6.5%, over a period ending Apr 30, 2027
PMMY
PGIM S&P 500 Max Buffer ETF - May
Absorbs the whole loss on SPY and caps the gain at 7.0%, over a period ending Apr 30, 2027
IssuerCorgiPGIM
Reference indexSPYSPY
Buffer100%100%
Outcome periodMay 1, 2026 to Apr 30, 2027May 1, 2026 to Apr 30, 2027
Days left224221
Starting cap+6.5%+7.0%
Can still gainnot published4.4%
Fall before buffer5.0%2.4%
Protection left, index points100.0% of 100.0%100.0% of 100.0%
Index return this period+5.3%+7.7%
Fund return this period+1.7%+2.0%
State todayOpenAt cap
Expense ratio0.30%0.50%
Net assets$2m$5m

HMAY in plain words

The fund's price can fall 5.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.0% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 224 days remained on Sep 21, 2026. On Apr 30, 2027 the period ends and a new cap is set.

PMMY in plain words

SPY had already risen past this fund's cap of +7.0% for the period on Sep 21, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.4% as the period runs out. The fund's price can fall 2.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.1% from today's level to the point where the buffer begins. 221 days remained on Sep 21, 2026.

Questions people ask

Which resets first, HMAY or PMMY?
HMAY ends its outcome period on Apr 30, 2027 and PMMY on Apr 30, 2027. A new cap is set the day after each.
Which is cheaper, HMAY or PMMY?
HMAY charges 0.30% a year and PMMY charges 0.50%, so HMAY is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

HMAY against PMMY, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HMAY against PMMY, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/hmay-vs-pmmy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources