(FMAY) First Trust Exchange-Traded - Ratings and Ratios
FLEX Options, S&P 500 Exposure
| Risk via 10d forecast | |
|---|---|
| Volatility | 7.56% |
| Value at Risk 5%th | 12.7% |
| Relative Tail Risk | 2.23% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.50 |
| Alpha | -0.10 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.267 |
| Beta | 0.618 |
| Beta Downside | 0.640 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.12% |
| Mean DD | 1.29% |
| Median DD | 0.42% |
Description: FMAY First Trust Exchange-Traded August 26, 2025
The FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) is a defined outcome ETF originating from the USA. As a type of exchange-traded fund, it is designed to provide a specific investment outcome, likely tied to the performance of the U.S. equity market.
FMAYs investment strategy is centered around providing a buffer against potential losses in the U.S. equity market, while still offering upside potential. The Buffer in its name suggests that it is designed to absorb a certain level of losses, making it an attractive option for risk-averse investors. The ETFs AUM of $1.022 billion indicates a significant investor base, which can contribute to liquidity and stability.
Key performance indicators (KPIs) to monitor for FMAY include its tracking error, buffer level, and upside capture ratio. The funds ability to maintain its defined outcome will be crucial in determining its success. Economic drivers that may impact FMAYs performance include U.S. GDP growth, inflation rates, and overall market volatility.
In terms of market dynamics, FMAYs beta of 0.64 suggests that it is less volatile than the broader market, which is consistent with its defined outcome strategy. The ETFs average trading volume of 15,000 shares per day indicates moderate liquidity, which may be sufficient for most investors. As a data-driven trading analyst, it is essential to continuously monitor FMAYs performance and adjust investment decisions accordingly.
FMAY ETF Overview
| Market Cap in USD | 1,005m |
| Category | Defined Outcome |
| TER | 0.85% |
| IPO / Inception | 2020-05-15 |
| Return 12m vs S&P 500 | -3.79% |
| Analyst Rating | - |
FMAY Dividends
Currently no dividends paidFMAY Growth Ratios
| CAGR 3y | 13.58% |
| CAGR/Max DD Calmar Ratio | 1.04 |
| CAGR/Mean DD Pain Ratio | 10.56 |
| Current Volume | 20.5k |
| Average Volume | 9.7k |
What is the price of FMAY shares?
Over the past week, the price has changed by -0.02%, over one month by +0.60%, over three months by +1.93% and over the past year by +10.28%.
Is First Trust Exchange-Traded a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FMAY is around 52.35 USD . This means that FMAY is currently overvalued and has a potential downside of 0%.
Is FMAY a buy, sell or hold?
What are the forecasts/targets for the FMAY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 58.3 | 11.3% |
FMAY Fundamental Data Overview November 11, 2025
Beta = 0.62
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.01b USD (1.01b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.01b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.01b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.29% (E(1.01b)/V(1.01b) * Re(8.29%) + (debt-free company))
Discount Rate = 8.29% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FMAY ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle