SMAY Performance — FT Vest U.S. Small Cap Moderate Buffer ETF - May
Data updated: 2026-07-23
SMAY returned +7.19% year to date and +19.65% over one year to May 2026. The annualised 3-year return is +11.77%. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $140, against $160 for the category, and to $120 over one year, against $132. Volatility over the past three years was 10.15% a year. In the 12 months to May 2026 the fund lost a net $12.4M, and assets reached $100.46M.
SMAY Growth of $100
What $100 invested in FT Vest U.S. Small Cap Moderate Buffer ETF - May grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | SMAY | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $132 |
| 3 years (Jun 2023 – May 2026) | $140 | $160 |
| Since data start (May 2023 – May 2026) | $139 | $157 |
SMAY Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.19% |
| 1 year | +19.65% |
| 3 years (annualised) | +11.77% |
SMAY Annual Returns
Calendar-year total returns of FT Vest U.S. Small Cap Moderate Buffer ETF - May, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +7.19% |
| 2025 | +4.93% |
| 2024 | +12.61% |
| 2023 (May–Dec) | +9.75% |
SMAY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.3% | +0.8% | −0.9% | +3.1% | +2.9% | — | — | — | — | — | — | — |
| 2025 | +1.8% | −3.3% | −4.1% | −0.9% | +0.4% | +3.1% | +0.8% | +3.3% | +1.5% | +0.7% | +0.9% | +0.9% |
| 2024 | −1.9% | +3.3% | +2.5% | −3.3% | +5.6% | 0.0% | +4.7% | −0.2% | +0.7% | −0.6% | +5.4% | −3.6% |
| 2023 | — | — | — | — | −0.4% | +4.2% | +2.7% | −1.5% | −3.2% | −4.0% | +5.3% | +7.0% |
SMAY Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 10.15%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +6.99% (Dec 2023)
- Worst month: −4.13% (Mar 2025)
SMAY Fund Flows
Monthly money in and out of FT Vest U.S. Small Cap Moderate Buffer ETF - May, from SEC Form N-PORT.
- 12-month net flow: −$12.4M
- 12-month gross sales (incl. reinvestments): $82.1M
- Sales ÷ redemptions: 0.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $72.1M | $62.5M | $9.6M |
| Apr 2026 | $1.3M | $0 | $1.3M |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $2.7M | −$2.7M |
| Jan 2026 | $0 | $6.6M | −$6.6M |
| Dec 2025 | $1.3M | $7.8M | −$6.5M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $1.3M | $3.8M | −$2.6M |
| Sep 2025 | $0 | $2.5M | −$2.5M |
| Aug 2025 | $0 | $3.7M | −$3.7M |
| Jul 2025 | $3.6M | $1.2M | $2.4M |
| Jun 2025 | $2.4M | $3.6M | −$1.2M |
SMAY Assets Under Management
Net assets of FT Vest U.S. Small Cap Moderate Buffer ETF - May by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $100.46M |
| 2026-02-28 | $85.02M |
| 2025-11-30 | $98.10M |
| 2025-08-31 | $100.20M |
| 2025-05-31 | $95.66M |
| 2025-02-28 | $73.34M |
| 2024-11-30 | $74.64M |
| 2024-08-31 | $76.92M |
| 2024-05-31 | $36.23M |
| 2024-02-29 | $24.57M |
| 2023-11-30 | $27.81M |
| 2023-08-31 | $30.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.