FB vs. QMAR

Last updated Jun 24, 2026

FB (ProShares S&P 500 Dynamic Daily Buffer ETF) and QMAR (FT Cboe Vest Nasdaq-100 Buffer ETF - March) are both exchange-traded funds - FB is a Defined Outcome fund tracking the S&P 500, while QMAR is a Nasdaq-100 fund actively managed by First Trust. FB is passively managed, while QMAR is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. FB charges 0.58%/yr vs 0.90%/yr for QMAR.

Performance

FB vs. QMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Dynamic Daily Buffer ETF (FB) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FB achieves a 5.68% return, which is significantly lower than QMAR's 11.40% return.

FB

• 1D: -0.31%
• 1M: -0.35%
• YTD: 5.68%
• 6M: 5.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QMAR

• 1D: -1.06%
• 1M: -0.77%
• YTD: 11.40%
• 6M: 11.38%
• 1Y: 20.76%
• 3Y*: 15.65%
• 5Y*: 11.30%
• 10Y*: —

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

FB vs. QMAR - Yearly Performance Comparison

	2026 (YTD)	2025
FB ProShares S&P 500 Dynamic Daily Buffer ETF	5.68%	6.10%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	11.40%	7.29%

Correlation

The correlation between FB and QMAR is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.64

Return for Risk

FB vs. QMAR — Risk / Return Rank

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

FB

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

QMAR

QMAR Risk / Return Rank: 95
QMAR Sharpe Ratio Rank: 93
QMAR Sortino Ratio Rank: 95
QMAR Omega Ratio Rank: 96
QMAR Calmar Ratio Rank: 94
QMAR Martin Ratio Rank: 97

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.

FB vs. QMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Dynamic Daily Buffer ETF (FB) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). 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.

	FB	QMAR	Difference
Sharpe ratio: Return per unit of total volatility	—	3.19	—
Sortino ratio: Return per unit of downside risk	—	4.77	—
Omega ratio: Gain probability vs. loss probability	—	1.74	—
Calmar ratio: Return relative to maximum drawdown	—	6.49	—
Martin ratio: Return relative to average drawdown	—	39.78	—

Drawdowns

FB vs. QMAR - Drawdown Comparison

The maximum FB drawdown since its inception was -1.76%, smaller than the maximum QMAR drawdown of -19.83%. Use the drawdown chart below to compare losses from any high point for FB and QMAR.

Drawdown Indicators

	FB	QMAR	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-19.83%	+18.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.83%	—
Current Drawdown Current decline from peak	-0.48%	-1.65%	+1.17%
Average Drawdown Average peak-to-trough decline	-0.33%	-3.26%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.52%	—

Volatility

Volatility by Period

	FB	QMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.02%	6.55%	-1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.02%	14.01%	-8.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.02%	13.83%	-8.81%

FB vs. QMAR - Expense Ratio Comparison

FB has a 0.58% expense ratio, which is lower than QMAR's 0.90% expense ratio.

Dividends

FB vs. QMAR - Dividend Comparison

FB's dividend yield for the trailing twelve months is around 1.24%, while QMAR has not paid dividends to shareholders.

Position	TTM	2025
FB ProShares S&P 500 Dynamic Daily Buffer ETF	1.24%	0.92%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	0.00%	0.00%

Frequently Asked Questions

Can I hold both FB and QMAR in my portfolio?

FB and QMAR have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FB or QMAR?

On fees, FB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FB or QMAR?

FB is cheaper with a 0.58% expense ratio, compared with 0.90% for QMAR.

Which ETF pays a higher dividend yield, FB or QMAR?

FB has the higher dividend yield at 1.24%, compared with 0.00% for QMAR.

What is the main difference between FB and QMAR?

FB is categorized as Defined Outcome, while QMAR is Nasdaq-100. They also come from different issuers: ProShares and First Trust. Their fees differ too: 0.58% for FB and 0.90% for QMAR.