FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March
$43.80−0.01 (−0.03%)
- 0.85%
- $160M
- +12.0%
- 0M sh
- $43.79
- low $39.08high $43.81
The ETF.net XMAR Grade
B
Score 54 out of 100
- 1 of 7
Score 54 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. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.D39 out of 100Rank 2 of 7Mission
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.A74 out of 100Rank 1 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 1 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 4 of 7
Our read on XMAR
BMost accelerated ETFs double your upside and hand you the full downside. XMAR runs the accelerator with a net: about twice SPY's price gain up to a yearly cap, plus a 15% cushion against losses.
The Fund seeks approximately twice the positive price return of the SPDR S&P 500 ETF Trust, subject to a 12.22% upside cap, while buffering the first 15% of losses over the March 23, 2026–March 19, 2027 outcome period.
Why people hold it
- The rare two-sided deal: roughly 2x any positive price move in SPY up to a cap, with the first 15% of SPY's losses absorbed, over a one-year outcome period.ftportfolios.com
- Innovator's accelerated funds (XDSQ, XTAP) give the 2x kicker with single exposure to the downside. XMAR keeps the kicker and adds the buffer.innovatoretfs.com
- No maturity date. The cap resets to prevailing market conditions when each March period rolls, so the position can be held across periods without re-buying.businesswire.com
- Among the stronger builds in a small field of accelerated SPY strategies, with a defined-risk profile that stands out in the group.
Worth knowing
- Cap and buffer are engineered for the full March-to-March period. Step in or out mid-period and you get different terms than the headline math.ftportfolios.com
- It references SPY's price return, so S&P 500 dividends sit outside the payoff. Below the buffer, losses track the index one for one.ftportfolios.com
- 0.85% a year, above the 0.79% typical of its accelerated peers, and it trades thinly, so the spread is part of your cost.
XMAR Holdings
- Other
- 4
- 131%
- 2027-03-19 State Street® SPDR® S&P 500® ETF Trust C 6.50
Sectors
- Technology41.0%
- Financials11.1%
- Communication9.7%
- Health Care9.1%
- Consumer Discretionary8.8%
- Industrials7.4%
- Consumer Staples4.3%
- Energy3.4%
- Utilities1.9%
- Real Estate1.6%
- Materials1.5%
XMAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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XMAR$11,199
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 | XMAR |
|---|---|
| Year to date | +9.7% |
| 1 month | +0.8% |
| 3 months | +2.2% |
| 1 year | +12.0% |
| 3 years | +11.2% |
| 5 years | — |
| 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 | XMAR |
|---|---|---|
| 2026 YTD | +9.7% | |
| 2025 | +10.3% | |
| 2024 | +10.1% | |
| 2023 | +10.3% |
XMAR in the news
XMAR Dividends
No distributions in the last 12 months.
XMAR Risk
- 3.3%
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.
- 1.90
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.
- −7.3%
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.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XMAR Cost
0.85%
XMAR0.85%
- The middle half of S&P 500 Accelerated, 15% Buffer funds
- Median 0.85%
1 of the 7 S&P 500 Accelerated, 15% Buffer funds charge less.
Other funds in S&P 500 Accelerated, 15% Buffer
- CXJUNFT Vest U.S. Equity Enhance & Moderate Buffer ETF - JuneExpense ratio 0.85%1 year return +8.9%
- CXSEPFT Vest U.S. Equity Enhance & Moderate Buffer ETF - SeptemberExpense ratio 0.85%1 year return +10.7%
- CXNOVFT Vest U.S. Equity Enhance & Moderate Buffer ETF - NovemberExpense ratio 0.85%1 year return +11.1%
- CXDECFT Vest U.S. Equity Enhance & Moderate Buffer ETF - DecemberExpense ratio 0.85%1 year return +10.2%
- CXJANFirst Trust Exchange Traded Fund VIII - FT Vest U.S. Equity Enhance & Moderate Buffer ETF - JanuaryExpense ratio 0.85%1 year return +10.1%