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Dividend Vision

MAYM — First Trust Exchange-Traded Fund VIII FT Vest U.S. Equity Max Buffer ETF - May

First Trust Exchange-Traded Fund VIII FT Vest U.S. Equity Max Buffer ETF - May (MAYM)

MAYM pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 7.5% over the past 1.2 years, 24.8 points behind SPY at 32.3%. Its deepest 1-year drawdown was 1.2%.

First Trust Exchange-Traded Fund VIII is an ETF that invests substantially all of its assets in FLEX Options referencing the price performance of an underlying ETF, employing a strategy designed to provide buffered equity exposure. The fund does not currently distribute income, and carries an expense ratio of 0.85%. It may appeal to investors seeking structured equity strategies with downside protection features rather than traditional dividend income.

MAYM key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
05/16/2025
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$33.25
AUM
$37,881,635
Average volume
100.0
Beta
0.1345
P/E ratio
26.3279