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DMAR vs UFEB

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

DMARCCboe

Innovator U.S. Equity Ultra Buffer ETF

UFEBBCboe

Overlap

Expense ratio

UFEB −0.06pt a year

DMAR0.85%UFEB0.79%

Avg volume · 30D

UFEB 2.4×the volume

DMAR13.5KUFEB32.8K

5Y return · a year

DMAR +0.4pt

DMAR+7.7%UFEB+7.3%

DMAR vs UFEB Performance

Oct 29, 2021 – Oct 30, 2026

+44.7%DMAR+42.2%UFEB

Oct 29, 2021 to Oct 30, 2026. DMAR +44.7%. UFEB +42.2%. Use the arrow keys to read each point.−10%0%10%20%30%Oct 2021Apr 2024Oct 2026
Expense ratio
DMAR 0.85%
UFEB 0.79%, better
Fund size
DMAR $472M
UFEB $167M
1Y total return
DMAR +11.7%, better
UFEB +9.7%
Holdings
DMAR 3
UFEB 3
Avg volume (30D)
DMAR 13.5K sh
UFEB 32.8K sh, better
NAV per share
DMAR $45.81
UFEB $39.55
52W range

ETF.net Grade

DMAR: Cost 31, Risk 72, Mission not scored, Tradability 46, Holdings 61, Durability 58. UFEB: Cost 67, Risk 64, Mission not scored, Tradability 63, Holdings not scored, Durability 45.
Pillar letters and Scores for DMAR, UFEB, with each pillar’s weight
PillarDMARUFEB
Cost30% weightD31B67Higher
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherB64
Tradability15% weightC46B63Higher
Holdings10% weightB61Not scored
Durability5% weightB58HigherC45

Rank among S&P 500 Deep Buffer 25-30% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DMAR and UFEB are both graded against the same 19 S&P 500 Deep Buffer 25-30% funds, so their Grades compare head to head.

S&P 500 Deep Buffer 25-30%⁠

Category · 19 funds
See all 19 ›

UFEB ranks 1st and DMAR 10th of 19 funds in the S&P 500 Deep Buffer 25-30% Category.

  1. Rank 1BPSCXPacer Swan SOS Conservative (January) ETFScore 63
  2. Rank 1BUFEBInnovator U.S. Equity Ultra Buffer ETFScore 63
  3. Rank 3BPSCQPacer Swan SOS Conservative (October) ETFScore 60
  4. Rank 10CDAUGFT Vest U.S. Equity Deep Buffer ETF - AugustScore 47
  5. Rank 10CDMARFT Vest U.S. Equity Deep Buffer ETF - MarchScore 47
  6. Rank 12CDJUNFT Vest U.S. Equity Deep Buffer ETF - JuneScore 46

Our read on each fund

ETF.net Research

DMARCFT Vest U.S. Equity Deep Buffer ETF - March

UFEBBInnovator U.S. Equity Ultra Buffer ETF

In short

DMAR Deep 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.

UFEB No data

Stated mandate

DMAR 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.

UFEB No data

Why people hold it

  • DMAR 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.

UFEB No data

Worth knowing

  • DMAR 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.

UFEB No data

Full DMAR profile⁠

Full UFEB profile⁠

DMAR vs UFEB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DMAR vs UFEB Cost

Overpaying DMAR vs UFEB

$1,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DMAR 0.85%

    $16,199

  • UFEB 0.79%

    $15,174

$10,000
30 years

Cost over time

  • DMAR 0.85%
  • UFEB 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DMAR $16,199UFEB $15,174

Year by year

YearDMARUFEBOverpaying
10$1,508$1,405$103
20$5,706$5,331$375
30$16,199$15,174$1,025

Expense ratio

  • 0.85%DMAR
  • 0.79%UFEB, cheaper
  • Middle half of S&P 500 Deep Buffer 25-30% funds
  • Median 0.85%

UFEB 7th cheapest of 19 funds

DMAR 8th cheapest of 19 funds

DMAR vs UFEB Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DMAR None
UFEB None

Distribution history

DMARAll DMAR payments⁠

No distribution history available.

UFEBAll UFEB payments⁠

No distribution history available.

DMAR vs UFEB Risk

Fall from peak · 5 years

  • DMAR
  • UFEB
Oct 29, 2021 to Oct 30, 2026. Worst fall: DMAR −9.8% · Sep 2022. Use the arrow keys to read each point.−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DMAR 5.0%, betterUFEB 5.9%
Return per unit of riskSharpe ratio, 3 years
DMAR 1.54, betterUFEB 1.43
Worst fallMax drawdown, 5 years
DMAR −9.8%UFEB −9.0%, better
Market sensitivityBeta, 5 years
DMAR 0.37UFEB 0.46

Popular comparisons

  • DMARCvsPSCXB

    FT Vest U.S. Equity Deep Buffer ETF - March · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsPSCXB

    Innovator U.S. Equity Ultra Buffer ETF · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.79% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DMARCvsPSCQB

    FT Vest U.S. Equity Deep Buffer ETF - March · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsPSCQB

    Innovator U.S. Equity Ultra Buffer ETF · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.79% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DMARCvsDFEBC

    FT Vest U.S. Equity Deep Buffer ETF - March · FT Vest U.S. Equity Deep Buffer ETF - February

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsDFEBC

    Innovator U.S. Equity Ultra Buffer ETF · FT Vest U.S. Equity Deep Buffer ETF - February

    Expense ratio
    0.79% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.