IVVB vs. DMAR

Last updated Jun 4, 2026

IVVB (iShares Large Cap Deep Buffer ETF) and DMAR (FT Cboe Vest U.S. Equity Deep Buffer ETF - March) are both Options Trading funds. Both are actively managed. Over the past year, IVVB returned 14.57% vs 14.75% for DMAR. Their correlation of 0.87 suggests significant overlap in exposure. IVVB charges 0.50%/yr vs 0.85%/yr for DMAR.

Performance

IVVB vs. DMAR - Performance Comparison

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

Returns By Period

In the year-to-date period, IVVB achieves a 4.57% return, which is significantly lower than DMAR's 7.21% return.

IVVB

• 1D: -0.14%
• 1M: 1.91%
• YTD: 4.57%
• 6M: 4.37%
• 1Y: 14.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAR

• 1D: -0.10%
• 1M: 1.43%
• YTD: 7.21%
• 6M: 8.16%
• 1Y: 14.75%
• 3Y*: 12.11%
• 5Y*: 7.74%
• 10Y*: —

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

IVVB vs. DMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IVVB iShares Large Cap Deep Buffer ETF	4.57%	9.60%	18.66%	2.60%
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	7.21%	9.13%	12.74%	4.88%

Correlation

The correlation between IVVB and DMAR is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023	0.87

The correlation between IVVB and DMAR has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.

IVVB vs. DMAR - Sectors Allocation Comparison

Sectors	IVVB	DMAR
Technology	35.6%	36.2%
Financial Services	11.8%	11.9%
Communication Services	11.2%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.5%	8.4%
Industrials	8.3%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.4%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

IVVB vs. DMAR — Risk / Return Rank

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

IVVB

IVVB Risk / Return Rank: 58
IVVB Sharpe Ratio Rank: 59
IVVB Sortino Ratio Rank: 59
IVVB Omega Ratio Rank: 63
IVVB Calmar Ratio Rank: 51
IVVB Martin Ratio Rank: 61

DMAR

DMAR Risk / Return Rank: 97
DMAR Sharpe Ratio Rank: 96
DMAR Sortino Ratio Rank: 98
DMAR Omega Ratio Rank: 98
DMAR Calmar Ratio Rank: 96
DMAR Martin Ratio Rank: 98

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.

IVVB vs. DMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap Deep Buffer ETF (IVVB) 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.

	IVVB	DMAR	Difference
Sharpe ratio Return per unit of total volatility	2.02	4.07	-2.06
Sortino ratio Return per unit of downside risk	2.82	7.00	-4.18
Omega ratio Gain probability vs. loss probability	1.39	2.04	-0.65
Calmar ratio Return relative to maximum drawdown	2.55	9.68	-7.13
Martin ratio Return relative to average drawdown	10.94	62.37	-51.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVVB vs. DMAR - Sharpe Ratio Comparison

The current IVVB Sharpe Ratio is 2.02, which is lower than the DMAR Sharpe Ratio of 4.07. The chart below compares the historical Sharpe Ratios of IVVB and DMAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IVVB	DMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	4.07	-2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	1.17	+0.14

Drawdowns

IVVB vs. DMAR - Drawdown Comparison

The maximum IVVB drawdown since its inception was -13.08%, which is greater than DMAR's maximum drawdown of -9.84%. Use the drawdown chart below to compare losses from any high point for IVVB and DMAR.

Drawdown Indicators

	IVVB	DMAR	Difference
Max Drawdown Largest peak-to-trough decline	-13.08%	-9.84%	-3.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.75%	-1.53%	-4.22%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.84%	—
Current Drawdown Current decline from peak	-0.15%	-0.13%	-0.02%
Average Drawdown Average peak-to-trough decline	-1.61%	-1.85%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	0.24%	+1.10%

Volatility

IVVB vs. DMAR - Volatility Comparison

iShares Large Cap Deep Buffer ETF (IVVB) has a higher volatility of 0.74% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) at 0.67%. This indicates that IVVB'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

	IVVB	DMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	0.67%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	5.49%	2.74%	+2.75%
Volatility (1Y) Calculated over the trailing 1-year period	7.27%	3.64%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.28%	7.04%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.28%	6.97%	+2.31%

IVVB vs. DMAR - Expense Ratio Comparison

IVVB has a 0.50% expense ratio, which is lower than DMAR's 0.85% expense ratio.

Dividends

IVVB vs. DMAR - Dividend Comparison

IVVB's dividend yield for the trailing twelve months is around 1.17%, while DMAR has not paid dividends to shareholders.

Position	TTM	2025	2024
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	0.00%	0.00%	0.00%
IVVB iShares Large Cap Deep Buffer ETF	1.17%	1.22%	0.87%

Frequently Asked Questions

Can I hold both IVVB and DMAR in my portfolio?

IVVB and DMAR have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVVB or DMAR?

IVVB has higher volatility (0.74%) compared to DMAR (0.67%). In terms of maximum drawdown, IVVB dropped -13.08% vs DMAR's -9.84%.

Which ETF is better, IVVB or DMAR?

On 1-year performance, DMAR leads with 14.75% vs 14.57% for IVVB. On fees, IVVB is cheaper at 0.50% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVVB or DMAR?

Over the 1-year period, DMAR has performed better with a 14.75% return vs 14.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVVB or DMAR?

IVVB is cheaper with a 0.50% expense ratio, compared with 0.85% for DMAR.

Which ETF pays a higher dividend yield, IVVB or DMAR?

IVVB has the higher dividend yield at 1.17%, compared with 0.00% for DMAR.

What is the main difference between IVVB and DMAR?

They also come from different issuers: iShares and FT Vest. Their fees differ too: 0.50% for IVVB and 0.85% for DMAR.

Which has better risk-adjusted returns?

DMAR currently has the higher Sharpe Ratio (4.07 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.