Which resets first, MAYC or MAYU?

MAYC ends its outcome period on Apr 30, 2027 and MAYU on Apr 30, 2027. New terms are set the day after each.

Which is cheaper, MAYC or MAYU?

MAYC charges 0.30% a year and MAYU charges 0.74%, so MAYC is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

MAYC vs MAYU: Cap, Buffer & Days Left

Share on X Download as PDF

MAYU can fall 5.0% before its buffer engages as of Nov 4, 2026, and MAYC 4.7% as of Nov 3, 2026.

askIQ about this page

askIQ about MAYC and MAYU

Net assets: $1.2m on Nov 4, 2026 for Corgi U.S. Equities 10% Structured Buffer ETF - May Series, and $44m on Nov 3, 2026 for AllianzIM U.S. Equity Buffer15 Uncapped ETF - May.

MAYC on its own →MAYU on its own →

At a glance

MAYC Between buffer and cap

MAYC: reference +5.0% since period start, fund +4.6%; buffer 0 to −10; cap +13.5%; Between buffer and cap. Data to Nov 3, 2026.

MAYU No cap

MAYU: reference +6.7% since period start, fund +4.4%; buffer 0 to −15; no cap; No cap. Data to Nov 4, 2026.

Pair scorecard

MAYC costs 0.44 points a year less; MAYU is far larger, $44m against $1.2m.

Points (pts) are percentage points.

MAYC vs MAYU: Cap, Buffer & Days Left
Measure	MAYC	MAYU
Return
Measure	MAYC	MAYU
Total return, 1 year	not published	+10.3%
Drawdown
Measure	MAYC	MAYU
Index fall to the buffer	4.7%	6.3%
Benchmark
Measure	MAYC	MAYU
What it tracks	SPY	SPY
Cost and size
Measure	MAYC	MAYU
Expense ratio	0.30%	0.74%
Net assets, as of Nov 3, 2026	$1.2m	$44m
Holdings
Measure	MAYC	MAYU
Holdings in common	not published

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

IQ Buffer Score38.7MAYC83.2MAYU

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

MAYC 38.7

MAYU 83.2

0.3, the lowest in this set 99.7, the highest

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 →

Method

Window by window

Window by window: MAYC vs MAYU: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	MAYC	MAYU	MAYC	MAYU
3 months	+1.1%	−1.2%	+1.5 pts	−0.8 pts
6 months	+4.2%	+2.4%	−0.3 pts	−2.0 pts
1 year	–	+10.3%	–	−3.2 pts
Since launchNot the same days: MAYC May 2026 · MAYU May 2024	+5.0%	+38.1%	−1.4 pts	−15.1 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

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 MAYU AllianzIM U.S. Equity Buffer15 Uncapped ETF - May · Absorbs the first 15% of loss on SPY and does not cap the gain, over a period ending Apr 30, 2027

Issuer Corgi AllianzIM

Reference index SPY SPY

Buffer 10% 15%

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

Days left 178 177

Starting cap +13.5% uncapped

Can still gain not published uncapped

Fall before buffer 4.7% 5.0%

Protection left, index points 10.0% of 10.0% 15.0% of 15.0%

Index return this period +5.0% +6.7%

Fund return this period +4.6% +4.4%

State today Open Uncapped

Expense ratio 0.30% 0.74%

Net assets, MAYC as of Nov 4, 2026 and MAYU as of Nov 3, 2026 $1.2m $44m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

MAYU resets first, on Apr 30, 2027, 177 days from now; MAYC runs to Apr 30, 2027, 178 days. A fall from here reaches MAYC’s buffer after 4.7% and MAYU’s after 5.0%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

MAYC

The fund's price can fall 4.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 4.7% 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. 178 days remained on Nov 3, 2026. On Apr 30, 2027 the period ends and a new cap is set.

MAYU

This fund has no cap. It takes a share of any further rise in SPY. The fund's price can fall 5.0% 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: 15.0% of the 15.0% buffer still sits below today's SPY level. 177 days remained on Nov 4, 2026. On Apr 30, 2027 the period ends and new terms are set.

Questions people ask

Which resets first, MAYC or MAYU?: MAYC ends its outcome period on Apr 30, 2027 and MAYU on Apr 30, 2027. New terms are set the day after each.
Which is cheaper, MAYC or MAYU?: MAYC charges 0.30% a year and MAYU charges 0.74%, so MAYC is cheaper. Fees come from each fund's prospectus.

Other comparisons

MAYC vs PBMY MAYC vs MAYP MAYC vs XAPR MAYC vs CPSP MAYU vs CMAY MAYU vs PMMY MAYU vs APXM MAYU vs CPSP

Where to next

SPY →MAYC on its own →MAYU on its own →Method →Standards and sources →

Sources and dates

MAYC filings on SEC EDGAR ↗

Corgi website ↗

MAYU filings on SEC EDGAR ↗

AllianzIM page for MAYU ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, MAYC against MAYU, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/mayc-vs-mayu

Open data →

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