Skip to content
etf.net

XJAN vs XMAR

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January

XJANCCboe

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March

XMARBCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

XJAN0.85%XMAR0.85%

Avg volume · 30D

XJAN 1.4×the volume

XJAN12.7KXMAR9.23K

XJAN vs XMAR Performance

Oct 31, 2025 – Oct 30, 2026

+8.5%XJAN+10.7%XMAR

Oct 31, 2025 to Oct 30, 2026. XJAN +8.5%. XMAR +10.7%. Use the arrow keys to read each point.−2.5%0%2.5%5%Oct 2025Apr 2026Oct 2026
Expense ratio
XJAN 0.85%
XMAR 0.85%
Fund size
XJAN $72M
XMAR $160M
1Y total return
XJAN +8.5%
XMAR +10.7%, better
Holdings
XJAN 4
XMAR 4
Avg volume (30D)
XJAN 12.7K sh, better
XMAR 9.23K sh
NAV per share
XJAN $39.37
XMAR $43.73
52W range

ETF.net Grade

XJAN: Cost 40, Risk 44, Mission not scored, Tradability 83, Holdings not scored, Durability 41. XMAR: Cost 40, Risk 76, Mission not scored, Tradability 50, Holdings 69, Durability 63.
Pillar letters and Scores for XJAN, XMAR, with each pillar’s weight
PillarXJANXMAR
Cost30% weightC40C40
Mission25% weightNot scoredNot scored
Risk15% weightC44A76Higher
Tradability15% weightA83HigherC50
Holdings10% weightNot scoredB69
Durability5% weightC41B63Higher

Rank among S&P 500 Accelerated, 15% Buffer funds

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

Same Category. XJAN and XMAR are both graded against the same 7 S&P 500 Accelerated, 15% Buffer funds, so their Grades compare head to head.

S&P 500 Accelerated, 15% Buffer⁠

Category · 7 funds
See all 7 ›

XMAR ranks 1st and XJAN 4th of 7 funds in the S&P 500 Accelerated, 15% Buffer Category.

  1. Rank 1BXMARFT Vest U.S. Equity Enhance & Moderate Buffer ETF - MarchScore 54
  2. Rank 2CXNOVFT Vest U.S. Equity Enhance & Moderate Buffer ETF - NovemberScore 52
  3. Rank 3CXSEPFT Vest U.S. Equity Enhance & Moderate Buffer ETF - SeptemberScore 51
  4. Rank 4CXJANFT Vest U.S. Equity Enhance & Moderate Buffer ETF - JanuaryScore 50
  5. Rank 4BXJUNFT Vest U.S. Equity Enhance & Moderate Buffer ETF - JuneScore 50

Our read on each fund

ETF.net Research

XJANCFT Vest U.S. Equity Enhance & Moderate Buffer ETF - January

XMARBFT Vest U.S. Equity Enhance & Moderate Buffer ETF - March

In short

XJAN No data

XMAR Most 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.

Stated mandate

XJAN No data

XMAR 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

XJAN No data

  • XMAR 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

XJAN No data

  • XMAR 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.

Full XJAN profile⁠

Full XMAR profile⁠

XJAN vs XMAR 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.

XJAN vs XMAR Cost

Same expense ratio

$16,199

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

  • XJAN 0.85%

    $16,199

  • XMAR 0.85%

    $16,199

$10,000
30 years

Cost over time

  • XJAN 0.85%
  • XMAR 0.85%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XJAN $16,199XMAR $16,199

Year by year

YearXJANXMAR
10$1,508$1,508
20$5,706$5,706
30$16,199$16,199

Expense ratio

  • 0.85%XJAN
  • 0.85%XMAR
  • Middle half of S&P 500 Accelerated, 15% Buffer funds
  • Median 0.85%

XJAN 2nd cheapest of 7 funds

XMAR 2nd cheapest of 7 funds

XJAN vs XMAR Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
XJAN None
XMAR None

Distribution history

XJANAll XJAN payments⁠

No distribution history available.

XMARAll XMAR payments⁠

No distribution history available.

XJAN vs XMAR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
XJAN 4.3%since Feb 2024XMAR 3.3%
Return per unit of riskSharpe ratio, 3 years
XJAN 1.03since Feb 2024XMAR 1.96
Worst fallMax drawdown, 5 years
XJAN −10.0%since Jan 2024XMAR −7.3%since Mar 2023
Market sensitivityBeta, 5 years
XJAN 0.34XMAR 0.23

Popular comparisons

  • XJANCvsXNOVC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

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

  • XMARBvsXNOVC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

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

  • XJANCvsXSEPC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September

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

  • XMARBvsXSEPC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September

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

  • XJANCvsXJUNB

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June

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

  • XMARBvsXJUNB

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June

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