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ETFs

FT Cboe Vest U.S. Equity Deep Buffer ETF - March

DMAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 19 2021
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$1,619,593
AUM
$194,060,062
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
2024-03-15 SPDR S&P 500 ETF Trust C 3.89
100.58%
n/a
2024-03-15 SPDR S&P 500 ETF Trust P 370.49
2.84%
n/a
US Dollar
0.98%
n/a
2024-03-15 SPDR S&P 500 ETF Trust P 272.99
-0.70%
n/a
2024-03-15 SPDR S&P 500 ETF Trust C 445.99
-3.70%
Invest with DMAR

What is DMAR?

The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - March (the "Fund") is to seek to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF "), up to a predetermined upside cap of 9.30% (before fees and expenses) and 8.45% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer (before fees and expenses) against Underlying ETF losses between -5% and -30% over the period from March 22, 2021 to March 18, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options")that reference the price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF").

ETFs related toDMAR

ETFs correlated to DMAR include USCA, GAPR, DAPR

DMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - March
USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
GAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April
DAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - April
BMAY
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - May
DFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - February
FAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - April
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
BJUN
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - June
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

DMAR is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - March (the "Fund") is to seek to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF "), up to a predetermined upside cap of 9.30% (before fees and expenses) and 8.45% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer (before fees and expenses) against Underlying ETF losses between -5% and -30% over the period from March 22, 2021 to March 18, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options")that reference the price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF").

DMAR tracks the SPDR S&P 500 ETF Trust.

No, DMAR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DMAR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DMAR is 0.0093%. This is the percent change in the value of DMAR over the most recent 1-month period. The 3-month return on DMAR is 0.0404%. This is the percent change in the value of DMAR over the most recent 3-month period.

The standard deviation of DMAR for the past year is 0.0783%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DMAR include DMAY, DJUL, and FSEP.

ETFs correlated to DMAR include USCA, GAPR, and DAPR.

ETFs that are inversely correlated to DMAR include SPXS, SDS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.