DGOC vs. TMAR

Last updated Aug 1, 2026

DGOC (FT Vest U.S. Equity Buffer & Digital Return ETF - October) and TMAR (FT Vest Emerging Markets Buffer ETF - March) are both Defined Outcome funds from First Trust. DGOC is actively managed, while TMAR is passively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. DGOC charges 0.85%/yr vs 0.95%/yr for TMAR.

Performance

DGOC vs. TMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer & Digital Return ETF - October (DGOC) and FT Vest Emerging Markets Buffer ETF - March (TMAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGOC achieves a 4.91% return, which is significantly lower than TMAR's 11.80% return.

DGOC

• 1D: 0.12%
• 1M: 0.52%
• 6M: 4.34%
• YTD: 4.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TMAR

• 1D: 0.52%
• 1M: 0.36%
• 6M: 10.69%
• YTD: 11.80%
• 1Y: 21.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGOC FT Vest U.S. Equity Buffer & Digital Return ETF - October	$3.05K	$2.00K	$6.82K
TMAR FT Vest Emerging Markets Buffer ETF - March	$71.79K	$83.23K	$241.79K

DGOC vs. TMAR - Yearly Performance Comparison

	2026 (YTD)	2025
DGOC FT Vest U.S. Equity Buffer & Digital Return ETF - October	4.91%	1.49%
TMAR FT Vest Emerging Markets Buffer ETF - March	11.80%	2.53%

Correlation

The correlation between DGOC and TMAR is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 20, 2025	0.62

Return for Risk

DGOC vs. TMAR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DGOC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TMAR

TMAR Risk / Return Rank: 83
TMAR Sharpe Ratio Rank: 76
TMAR Sortino Ratio Rank: 77
TMAR Omega Ratio Rank: 88
TMAR Calmar Ratio Rank: 85
TMAR Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DGOC vs. TMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer & Digital Return ETF - October (DGOC) and FT Vest Emerging Markets Buffer ETF - March (TMAR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DGOC	TMAR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.74	—
Sortino ratio: Return per unit of downside risk	—	2.50	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	3.28	—
Martin ratio: Return relative to average drawdown	—	13.54	—

Drawdowns

DGOC vs. TMAR - Drawdown Comparison

The maximum DGOC drawdown since its inception was -2.95%, smaller than the maximum TMAR drawdown of -9.93%. Use the drawdown chart below to compare losses from any high point for DGOC and TMAR.

Drawdown Indicators

	DGOC	TMAR	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-9.93%	+6.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.39%	—
Current Drawdown Current decline from peak	0.00%	-3.31%	+3.31%
Average Drawdown Average peak-to-trough decline	-0.32%	-0.95%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.54%	—

Volatility

Volatility by Period

	DGOC	TMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.27%	12.06%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.27%	12.75%	-8.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.27%	12.75%	-8.48%

DGOC vs. TMAR - Expense Ratio Comparison

DGOC has a 0.85% expense ratio, which is lower than TMAR's 0.95% expense ratio.

Dividends

DGOC vs. TMAR - Dividend Comparison

Neither DGOC nor TMAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DGOC and TMAR in my portfolio?

DGOC and TMAR have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGOC or TMAR?

On fees, DGOC is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGOC or TMAR?

DGOC is cheaper with a 0.85% expense ratio, compared with 0.95% for TMAR.

Which ETF pays a higher dividend yield, DGOC or TMAR?

DGOC and TMAR have nearly identical dividend yields, around 0.00%.

What is the main difference between DGOC and TMAR?

Their fees differ too: 0.85% for DGOC and 0.95% for TMAR.