DMAR vs. FJUL

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) and FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL).

DMAR and FJUL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMAR is an actively managed fund by FT Vest. It was launched on Mar 18, 2021. FJUL is a passively managed fund by FT Vest that tracks the performance of the Cboe S&P 500 Buffer Protect Index July. It was launched on Jul 16, 2020.

Performance

DMAR vs. FJUL - Performance Comparison

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

DMAR vs. FJUL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	1.79%	9.13%	12.74%	12.25%	-5.48%	7.04%
FJUL FT Cboe Vest U.S. Equity Buffer ETF - July	-2.14%	14.19%	17.65%	21.33%	-6.25%	8.10%

Returns By Period

In the year-to-date period, DMAR achieves a 1.79% return, which is significantly higher than FJUL's -2.14% return.

DMAR

• 1D: 1.41%
• 1M: 0.84%
• YTD: 1.79%
• 6M: 4.00%
• 1Y: 12.53%
• 3Y*: 11.15%
• 5Y*: 7.05%
• 10Y*: —

FJUL

• 1D: 1.89%
• 1M: -2.84%
• YTD: -2.14%
• 6M: -0.02%
• 1Y: 14.88%
• 3Y*: 14.80%
• 5Y*: 9.93%
• 10Y*: —

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

DMAR vs. FJUL - Expense Ratio Comparison

Both DMAR and FJUL have an expense ratio of 0.85%.

DMAR

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

FJUL

FT Cboe Vest U.S. Equity Buffer ETF - July

Return for Risk

DMAR vs. FJUL — Risk / Return Rank

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

DMAR

DMAR Risk / Return Rank: 87
DMAR Sharpe Ratio Rank: 83
DMAR Sortino Ratio Rank: 88
DMAR Omega Ratio Rank: 96
DMAR Calmar Ratio Rank: 76
DMAR Martin Ratio Rank: 93

FJUL

FJUL Risk / Return Rank: 74
FJUL Sharpe Ratio Rank: 68
FJUL Sortino Ratio Rank: 72
FJUL Omega Ratio Rank: 77
FJUL Calmar Ratio Rank: 68
FJUL Martin Ratio Rank: 83

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.

DMAR vs. FJUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) and FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL). 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.

	DMAR	FJUL	Difference
Sharpe ratio Return per unit of total volatility	1.66	1.24	+0.42
Sortino ratio Return per unit of downside risk	2.45	1.84	+0.61
Omega ratio Gain probability vs. loss probability	1.51	1.30	+0.21
Calmar ratio Return relative to maximum drawdown	2.08	1.77	+0.30
Martin ratio Return relative to average drawdown	13.69	9.65	+4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMAR vs. FJUL - Sharpe Ratio Comparison

The current DMAR Sharpe Ratio is 1.66, which is higher than the FJUL Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of DMAR and FJUL, 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

	DMAR	FJUL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	1.24	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	0.92	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	1.02	+0.02

Correlation

The correlation between DMAR and FJUL is 0.87, 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

DMAR vs. FJUL - Dividend Comparison

Neither DMAR nor FJUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DMAR vs. FJUL - Drawdown Comparison

The maximum DMAR drawdown since its inception was -9.84%, smaller than the maximum FJUL drawdown of -13.08%. Use the drawdown chart below to compare losses from any high point for DMAR and FJUL.

Drawdown Indicators

	DMAR	FJUL	Difference
Max Drawdown Largest peak-to-trough decline	-9.84%	-13.08%	+3.24%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-8.62%	+2.47%
Max Drawdown (5Y) Largest decline over 5 years	-9.84%	-13.08%	+3.24%
Current Drawdown Current decline from peak	-0.14%	-3.30%	+3.16%
Average Drawdown Average peak-to-trough decline	-1.91%	-1.92%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	1.58%	-0.65%

Volatility

DMAR vs. FJUL - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) is 1.94%, while FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL) has a volatility of 3.60%. This indicates that DMAR experiences smaller price fluctuations and is considered to be less risky than FJUL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMAR	FJUL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	3.60%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	2.71%	5.53%	-2.82%
Volatility (1Y) Calculated over the trailing 1-year period	7.59%	12.08%	-4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.06%	10.91%	-3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.05%	10.68%	-3.63%