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ETFs

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

FMAR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 19, 2021
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$460,759
AUM
$321,436,570
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
2024-03-15 SPDR S&P 500 ETF Trust C 3.90
100.01%
—
2024-03-15 SPDR S&P 500 ETF Trust P 389.99
1.45%
—
US Dollar
0.68%
—
2024-03-15 SPDR S&P 500 ETF Trust P 350.99
-0.67%
—
2024-03-15 SPDR S&P 500 ETF Trust C 465.45
-1.47%
Invest with FMAR
Trade FMAR Options

What is FMAR?

The investment objective of the FT Cboe Vest U.S. Equity 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 14.20% (before fees and expenses) and 13.35% (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 the first 10% of Underlying ETF losses, 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").

1M
3M
6M
YTD
1Y
3Y
Max
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FMAR
Performance Measures**

for the time period Mar 22, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 1.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -14.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 10.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.96

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.71

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFMAR

ETFs correlated to FMAR include DECZ, SPUU, PJAN

FMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - March
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July

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

FMAR is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity 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 14.20% (before fees and expenses) and 13.35% (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 the first 10% of Underlying ETF losses, 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").

FMAR tracks the SPDR S&P 500 ETF Trust.

No, FMAR 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, FMAR 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 FMAR is -0.0014%. This is the percent change in the value of FMAR over the most recent 1-month period. The 3-month return on FMAR is 0.0107%. This is the percent change in the value of FMAR over the most recent 3-month period.

The standard deviation of FMAR for the past year is 0.1071%. 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 FMAR include DJUL, DAUG, and FAUG.

ETFs correlated to FMAR include DECZ, SPUU, and PJAN.

ETFs that are inversely correlated to FMAR include SPXS, SH, and SDS.

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.