BMAY vs HF
Innovator US Equity Buffer ETF - May vs DGA Core Plus Absolute Return ETF
Which is better, BMAY or HF?
BMAY has been ahead.
BMAY has a lower expense ratio. BMAY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BMAY | HF |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.70% |
| AUM | $238M | $21M |
| Dividend Yield | 0.00% | 0.88% |
| Holdings | 18 | 57 |
| Volatility (annualized) | 8.1% | 7.3%Best |
| Max Drawdown | -6.3% | -4.3%Best |
| $10,000 over 1.4 years | $12,762Best | $11,548 |
| Fund Family | Innovator ETFs Trust | Days Global Advisors |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 30, 2020 | Aug 2, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 670 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BMAY has data through Oct 13, 2026 and HF through Dec 12, 2024.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Aug 3, 2023 to Dec 12, 2024 (1.4 years).
Risk: Volatility and Drawdowns
BMAY has been the more volatile fund, with annualized monthly volatility of 8.1% compared with 7.3% for HF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.3% for BMAY and -4.3% for HF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMAY charges 0.79% per year while HF charges 1.70%. On a $10,000 position that is $79 vs $170 annually, a gap of $91 per year that compounds over a long holding period. On income, BMAY currently yields 0.00% against 0.88% for HF.
You are not choosing between two funds in isolation.
Whichever of BMAY and HF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BMAY or HF?
BMAY has an expense ratio of 0.79% while HF charges 1.70%. BMAY is the cheaper option, by $91 a year on a $10,000 investment.
Which is riskier, BMAY or HF?
BMAY has been the more volatile fund at 8.1% annualized versus 7.3% for HF. Worst drawdown: BMAY -6.3% vs HF -4.3%.
Should I hold both BMAY and HF?
BMAY and HF have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BMAY or HF?
BMAY yields 0.00% while HF yields 0.88%, so HF currently pays the higher dividend yield.
Is HF better than BMAY?
BMAY has a lower expense ratio. BMAY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.