DAUG vs. FMAR

Last updated Apr 1, 2026

Compare and contrast key facts about FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) and FT Vest U.S. Equity Buffer ETF - March (FMAR).

DAUG and FMAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DAUG is a passively managed fund by FT Vest that tracks the performance of the S&P 500. It was launched on Nov 6, 2019. FMAR is an actively managed fund by FT Vest. It was launched on Mar 19, 2021.

Performance

DAUG vs. FMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) and FT Vest U.S. Equity Buffer ETF - March (FMAR). The values are adjusted to include any dividend payments, if applicable.

DAUG vs. FMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAUG FT Vest U.S. Equity Deep Buffer ETF - August	-1.78%	11.75%	12.00%	13.85%	-11.95%	4.99%
FMAR FT Vest U.S. Equity Buffer ETF - March	2.16%	9.69%	14.61%	20.39%	-5.51%	11.38%

Returns By Period

In the year-to-date period, DAUG achieves a -1.78% return, which is significantly lower than FMAR's 2.16% return.

DAUG

• 1D: 1.57%
• 1M: -2.41%
• YTD: -1.78%
• 6M: -0.17%
• 1Y: 12.26%
• 3Y*: 10.68%
• 5Y*: 5.17%
• 10Y*: —

FMAR

• 1D: 1.89%
• 1M: 0.92%
• YTD: 2.16%
• 6M: 4.53%
• 1Y: 14.91%
• 3Y*: 12.98%
• 5Y*: 9.89%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAUG vs. FMAR - Expense Ratio Comparison

Both DAUG and FMAR have an expense ratio of 0.85%.

DAUG

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

FMAR

FT Vest U.S. Equity Buffer ETF - March

Return for Risk

DAUG vs. FMAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAUG

DAUG Risk / Return Rank: 76
DAUG Sharpe Ratio Rank: 71
DAUG Sortino Ratio Rank: 74
DAUG Omega Ratio Rank: 80
DAUG Calmar Ratio Rank: 71
DAUG Martin Ratio Rank: 84

FMAR

FMAR Risk / Return Rank: 81
FMAR Sharpe Ratio Rank: 74
FMAR Sortino Ratio Rank: 77
FMAR Omega Ratio Rank: 93
FMAR Calmar Ratio Rank: 71
FMAR Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAUG vs. FMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) and FT Vest U.S. Equity Buffer ETF - March (FMAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DAUG	FMAR	Difference
Sharpe ratio Return per unit of total volatility	1.27	1.36	-0.08
Sortino ratio Return per unit of downside risk	1.89	1.99	-0.09
Omega ratio Gain probability vs. loss probability	1.31	1.43	-0.11
Calmar ratio Return relative to maximum drawdown	1.84	1.84	0.00
Martin ratio Return relative to average drawdown	9.69	11.70	-2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAUG vs. FMAR - Sharpe Ratio Comparison

The current DAUG Sharpe Ratio is 1.27, which is comparable to the FMAR Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of DAUG and FMAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DAUG	FMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.36	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.95	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.98	-0.34

Correlation

The correlation between DAUG and FMAR is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DAUG vs. FMAR - Dividend Comparison

Neither DAUG nor FMAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DAUG vs. FMAR - Drawdown Comparison

The maximum DAUG drawdown since its inception was -15.34%, which is greater than FMAR's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for DAUG and FMAR.

Drawdown Indicators

	DAUG	FMAR	Difference
Max Drawdown Largest peak-to-trough decline	-15.34%	-14.36%	-0.98%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	-8.31%	+1.41%
Max Drawdown (5Y) Largest decline over 5 years	-15.34%	-14.36%	-0.98%
Current Drawdown Current decline from peak	-2.87%	-0.49%	-2.38%
Average Drawdown Average peak-to-trough decline	-2.89%	-2.21%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	1.30%	+0.01%

Volatility

DAUG vs. FMAR - Volatility Comparison

FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) and FT Vest U.S. Equity Buffer ETF - March (FMAR) have volatilities of 2.99% and 2.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAUG	FMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.99%	2.90%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	4.53%	3.75%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	9.68%	11.04%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.01%	10.49%	-2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.36%	10.47%	-1.11%