GMAY vs OKLL

Comparison between FT VEST U.S. EQUITY MODERATE BUFFER ETF - MAY (GMAY, ETF) and Defiance Daily Target 2x Long OKLO ETF (OKLL, ETF).

GMAY vs OKLL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMAY(ETF)	OKLL(ETF)
Net Assets	$294M	$293M
Expense Ratio	0.85%	N/A
Max Drawdown	11.75%	96.29%
Sharpe Ratio	1.47	0.30
5Y Beta	0.48	8.12

Net Assets

Winner

GMAY

$294M

OKLL

$293M

Expense Ratio

GMAY

0.85%

OKLL

N/A

Max Drawdown

Winner

GMAY

11.75%

OKLL

96.29%

Sharpe Ratio

Winner

GMAY

1.47

OKLL

0.30

5Y Beta

Winner

GMAY

0.48

OKLL

8.12

GMAY vs OKLL - Historical Returns

Returns include dividend reinvestment.

Period	GMAY	OKLL
1 month	+0.23%	-37.28%
3 months	+2.63%	-36.65%
6 months	+3.96%	-83.56%
1 year	+11.52%	-73.58%
Max(CAGR)	+12.04%	-75.47%

Winner

GMAY

+0.23%

OKLL

-37.28%

Winner

GMAY

+2.63%

OKLL

-36.65%

Winner

GMAY

+3.96%

OKLL

-83.56%

Winner

GMAY

+11.52%

OKLL

-73.58%

Max(CAGR)

Winner

GMAY

+12.04%

OKLL

-75.47%

GMAY vs OKLL - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	GMAY	OKLL
2026	+3.35%	-67.42%
2025	+11.91%	-30.34%
2024	+12.34%	N/A
2023	+8.88%	N/A

GMAY vs OKLL Drawdown Comparison

The maximum drawdown for GMAY was -11.75%, occurring on Apr 7, 2025. Recovery took 60 trading sessions.

The maximum drawdown for OKLL was -96.29%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current GMAY drawdown is -1.34%. The current OKLL drawdown is -95.41%.

Rank	GMAY	OKLL
#1	-11.75% Feb 14, 2025 - May 13, 2025	-96.29% Oct 14, 2025 - Mar 30, 2026
#2	-4.66% Jul 28, 2023 - Nov 14, 2023	-41.76% Sep 23, 2025 - Oct 13, 2025
#3	-3.85% Jul 16, 2024 - Aug 19, 2024	-41.34% Aug 5, 2025 - Sep 15, 2025
#4	-3.11% Feb 25, 2026 - Apr 8, 2026	-29.80% Jun 24, 2025 - Jul 14, 2025
#5	-2.15% Aug 30, 2024 - Sep 13, 2024	-21.31% Jul 18, 2025 - Jul 24, 2025
#6	-1.51% Oct 27, 2025 - Nov 26, 2025	-13.69% Jul 31, 2025 - Aug 5, 2025
#7	-1.44% Dec 6, 2024 - Jan 17, 2025	-11.85% Jul 28, 2025 - Jul 31, 2025
#8	-1.34% Jun 2, 2026 - Jun 5, 2026	-5.33% Jul 14, 2025 - Jul 16, 2025
#9	-1.31% May 16, 2025 - Jun 3, 2025	-1.27% Sep 16, 2025 - Sep 18, 2025
#10	-1.06% May 22, 2023 - May 26, 2023	N/A
#11	-1.04% Oct 28, 2024 - Nov 6, 2024	N/A
#12	-0.95% Oct 9, 2025 - Oct 20, 2025	N/A
#13	-0.86% Jul 25, 2025 - Aug 8, 2025	N/A
#14	-0.82% Jun 15, 2023 - Jun 30, 2023	N/A
#15	-0.82% Feb 2, 2026 - Feb 25, 2026	N/A

Correlation

Correlation between GMAY and OKLL is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101