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Data as of .

MAYC vs PMMY: which one stands where?

As of Sep 21, 2026 MAYC can fall 5.7% before its buffer engages and PMMY 2.4%, and PMMY resets 3 days sooner.

Corgi U.S. Equities 10% Structured Buffer ETF - May Series and PGIM S&P 500 Max Buffer ETF - May.

MAYCBetween buffer and cap
10 pts+6%−10.0% floor0% period start+13.5% capTODAY · SPY +6.0%−10.0% floor0% start+13.5% capTODAY · SPY +6.0%
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%

These are two different products. PMMY is a floor fund, which caps how far a holder can fall. MAYC is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Where each one stands today

PMMY resets first, on Apr 30, 2027, 221 days from now; MAYC runs to Apr 30, 2027, 224 days. A fall from here reaches MAYC’s buffer after 5.7% 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

MAYC and PMMY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
MAYCPMMYMAYCPMMY
3 months+1.6%+1.1%−0.6 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
MAYC and PMMY on the same fields, as of Sep 21, 2026. Source: ETFIQ.
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
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
Buffer10%100%
Outcome periodMay 1, 2026 to Apr 30, 2027May 1, 2026 to Apr 30, 2027
Days left224221
Starting cap+13.5%+7.0%
Can still gainnot published4.4%
Fall before buffer5.7%2.4%
Protection left, index points10.0% of 10.0%100.0% of 100.0%
Index return this period+6.0%+7.7%
Fund return this period+5.0%+2.0%
State todayOpenAt cap
Expense ratio0.30%0.50%
Net assets$2m$5m

MAYC in plain words

The fund's price can fall 5.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.7% 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. 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. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 221 days remained on Sep 21, 2026.

Questions people ask

Which resets first, MAYC or PMMY?
MAYC 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, MAYC or PMMY?
MAYC charges 0.30% a year and PMMY charges 0.50%, so MAYC 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.

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

How every figure is computed · Standards and sources