FT Vest U.S. Equity Deep Buffer ETF - March
$45.95−0.02 (−0.03%)
- 0.85%
- $466M
- +13.3%
- 0M sh
- $45.95
- low $40.55high $46.01
The ETF.net DMAR Grade
C
Score 49 out of 100
- 9 of 19
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D31 out of 100Rank 8 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 1 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 10 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 6 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 11 of 19
Our read on DMAR
CDeep buffer, March vintage: DMAR wears the first 5% of a drop in the S&P 500 ETF it references, then absorbs the next 25 points, in exchange for an upside cap that resets each March. The terms are written into the prospectus, not left to a manager's hunch.
The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust, before fees and expenses, up to a 13.07% cap while buffering the underlying ETF's losses in the 5%-to-30% band during the March 23, 2026–March 19, 2027 outcome period.
Why people hold it
- Deep, not decorative: the options package targets losses in the 5% to 30% band on the SPDR S&P 500 ETF Trust across each annual outcome period.ftportfolios.com
- One of twelve monthly vintages in First Trust's deep buffer lineup, running since 2021, so entry points and reset dates can be staggered across the calendar.
- The reference asset is the SPDR S&P 500 ETF Trust itself: plain large-cap US equity, no factor tilt, no stock-picking discretion layered on top.
- Ranks among the stronger implementations in its 18-fund deep buffer cohort, with risk behavior and trading quality doing most of the lifting.
Worth knowing
- 0.85% is the going rate for deep buffers, but Pacer's SOS Conservative funds (PSCX, PSCW) run a similar playbook for 0.49%.
- It follows price return only, so index dividends are not passed through and income is not part of the design.
- The first 5% of a decline is unbuffered, the upside is capped, and both the cap and the remaining buffer shift for anyone buying mid-period.
DMAR Holdings
- Other
- 3
- 110%
- 2027-03-19 State Street® SPDR® S&P 500® ETF Trust C 6.48
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
DMAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
DMAR$11,333
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DMAR |
|---|---|
| Year to date | +10.4% |
| 1 month | +0.9% |
| 3 months | +2.3% |
| 1 year | +13.3% |
| 3 years | +12.3% |
| 5 years | +8.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DMAR |
|---|---|---|
| 2026 YTD | +10.4% | |
| 2025 | +9.1% | |
| 2024 | +12.8% | |
| 2023 | +12.2% | |
| 2022 | −5.5% | |
| 2021 | +7.0% |
DMAR in the news
DMAR Dividends
No distributions in the last 12 months.
DMAR Risk
- 5.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.46
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −9.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.37
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DMAR Cost
0.85%
DMAR0.85%
- The middle half of S&P 500 Deep Buffer 25-30% funds
- Median 0.85%
7 of the 19 S&P 500 Deep Buffer 25-30% funds charge less.
Other funds in S&P 500 Deep Buffer 25-30%
- CDAUGFT Vest U.S. Equity Deep Buffer ETF - AugustExpense ratio 0.85%1 year return +11.2%
- CDJANFT Vest U.S. Equity Deep Buffer ETF - JanuaryExpense ratio 0.85%1 year return +12.5%
- CDNOVFT Vest U.S. Equity Deep Buffer ETF - NovemberExpense ratio 0.85%1 year return +14.2%
- CDJUNFT Vest U.S. Equity Deep Buffer ETF - JuneExpense ratio 0.85%1 year return +9.8%
- CDSEPFT Vest U.S. Equity Deep Buffer ETF - SeptemberExpense ratio 0.85%1 year return +12.9%