GJUL vs. DMAR

Last updated Apr 1, 2026

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

GJUL and DMAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GJUL is an actively managed fund by FT Vest. It was launched on Jul 20, 2023. DMAR is an actively managed fund by FT Vest. It was launched on Mar 18, 2021.

Performance

GJUL vs. DMAR - Performance Comparison

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

GJUL vs. DMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GJUL FT Cboe Vest U.S. Equity Moderate Buffer ETF - July	-1.34%	12.72%	14.29%	3.87%
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	1.79%	9.13%	12.74%	4.10%

Returns By Period

In the year-to-date period, GJUL achieves a -1.34% return, which is significantly lower than DMAR's 1.79% return.

GJUL

• 1D: 1.56%
• 1M: -1.96%
• YTD: -1.34%
• 6M: 0.53%
• 1Y: 13.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAR

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

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

GJUL vs. DMAR - Expense Ratio Comparison

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

GJUL

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

DMAR

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

Return for Risk

GJUL vs. DMAR — Risk / Return Rank

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

GJUL

GJUL Risk / Return Rank: 79
GJUL Sharpe Ratio Rank: 74
GJUL Sortino Ratio Rank: 77
GJUL Omega Ratio Rank: 83
GJUL Calmar Ratio Rank: 72
GJUL Martin Ratio Rank: 88

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

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.

GJUL vs. DMAR - Risk-Adjusted Trends Comparison

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

	GJUL	DMAR	Difference
Sharpe ratio Return per unit of total volatility	1.35	1.66	-0.31
Sortino ratio Return per unit of downside risk	2.02	2.45	-0.43
Omega ratio Gain probability vs. loss probability	1.33	1.51	-0.18
Calmar ratio Return relative to maximum drawdown	1.91	2.08	-0.17
Martin ratio Return relative to average drawdown	11.00	13.69	-2.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GJUL vs. DMAR - Sharpe Ratio Comparison

The current GJUL Sharpe Ratio is 1.35, which is comparable to the DMAR Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of GJUL and DMAR, 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

	GJUL	DMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	1.66	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	1.03	+0.31

Correlation

The correlation between GJUL and DMAR 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

GJUL vs. DMAR - Dividend Comparison

Neither GJUL nor DMAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GJUL vs. DMAR - Drawdown Comparison

The maximum GJUL drawdown since its inception was -10.68%, which is greater than DMAR's maximum drawdown of -9.84%. Use the drawdown chart below to compare losses from any high point for GJUL and DMAR.

Drawdown Indicators

	GJUL	DMAR	Difference
Max Drawdown Largest peak-to-trough decline	-10.68%	-9.84%	-0.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-6.15%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-9.84%	—
Current Drawdown Current decline from peak	-2.31%	-0.14%	-2.17%
Average Drawdown Average peak-to-trough decline	-0.94%	-1.91%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.27%	0.93%	+0.34%

Volatility

GJUL vs. DMAR - Volatility Comparison

FT Cboe Vest U.S. Equity Moderate Buffer ETF - July (GJUL) has a higher volatility of 2.83% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) at 1.94%. This indicates that GJUL's price experiences larger fluctuations and is considered to be riskier than DMAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GJUL	DMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	1.94%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	4.39%	2.71%	+1.68%
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	7.59%	+2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.14%	7.06%	+1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.14%	7.05%	+1.09%