MARM vs. TDIV

Last updated Jun 4, 2026

MARM (FT Vest U.S. Equity Max Buffer ETF - March) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - MARM is a Defined Outcome fund actively managed by First Trust, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. MARM is actively managed, while TDIV is passively managed. Over the past year, MARM returned 7.26% vs 53.63% for TDIV. A 0.64 correlation means they provide meaningful diversification when combined. MARM charges 0.85%/yr vs 0.50%/yr for TDIV.

Performance

MARM vs. TDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Max Buffer ETF - March (MARM) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MARM achieves a 3.24% return, which is significantly lower than TDIV's 30.57% return.

MARM

• 1D: -0.06%
• 1M: 0.60%
• YTD: 3.24%
• 6M: 3.86%
• 1Y: 7.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDIV

• 1D: -1.79%
• 1M: 15.82%
• YTD: 30.57%
• 6M: 28.79%
• 1Y: 53.63%
• 3Y*: 33.27%
• 5Y*: 19.29%
• 10Y*: 19.34%

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

MARM vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MARM FT Vest U.S. Equity Max Buffer ETF - March	3.24%	7.04%	5.97%
TDIV First Trust NASDAQ Technology Dividend Index Fund	30.57%	25.27%	14.25%

Correlation

The correlation between MARM and TDIV is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.64

The correlation between MARM and TDIV has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

Return for Risk

MARM vs. TDIV — Risk / Return Rank

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

MARM

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

TDIV

TDIV Risk / Return Rank: 83
TDIV Sharpe Ratio Rank: 86
TDIV Sortino Ratio Rank: 84
TDIV Omega Ratio Rank: 80
TDIV Calmar Ratio Rank: 87
TDIV Martin Ratio Rank: 79

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.

MARM vs. TDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Max Buffer ETF - March (MARM) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.

	MARM	TDIV	Difference
Sharpe ratio: Return per unit of total volatility	4.55	2.93	+1.63
Sortino ratio: Return per unit of downside risk	8.03	3.85	+4.18
Omega ratio: Gain probability vs. loss probability	2.16	1.49	+0.67
Calmar ratio: Return relative to maximum drawdown	11.63	5.02	+6.61
Martin ratio: Return relative to average drawdown	77.52	15.64	+61.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MARM vs. TDIV - Sharpe Ratio Comparison

The current MARM Sharpe Ratio is 4.55, which is higher than the TDIV Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of MARM and TDIV, 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

	MARM	TDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.55	2.93	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	0.88	+1.35

Drawdowns

MARM vs. TDIV - Drawdown Comparison

The maximum MARM drawdown since its inception was -2.74%, smaller than the maximum TDIV drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for MARM and TDIV.

Drawdown Indicators

	MARM	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-2.74%	-31.97%	+29.23%
Max Drawdown (1Y) Largest decline over 1 year	-0.63%	-10.74%	+10.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.97%	—
Current Drawdown Current decline from peak	-0.10%	-1.79%	+1.69%
Average Drawdown Average peak-to-trough decline	-0.20%	-4.84%	+4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.09%	3.44%	-3.35%

Volatility

MARM vs. TDIV - Volatility Comparison

The current volatility for FT Vest U.S. Equity Max Buffer ETF - March (MARM) is 0.41%, while First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a volatility of 6.86%. This indicates that MARM experiences smaller price fluctuations and is considered to be less risky than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MARM	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.41%	6.86%	-6.45%
Volatility (6M) Calculated over the trailing 6-month period	1.28%	13.91%	-12.63%
Volatility (1Y) Calculated over the trailing 1-year period	1.60%	18.47%	-16.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.38%	20.67%	-17.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.38%	20.85%	-17.47%

MARM vs. TDIV - Expense Ratio Comparison

MARM has a 0.85% expense ratio, which is higher than TDIV's 0.50% expense ratio.

Dividends

MARM vs. TDIV - Dividend Comparison

MARM has not paid dividends to shareholders, while TDIV's dividend yield for the trailing twelve months is around 1.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MARM FT Vest U.S. Equity Max Buffer ETF - March	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.12%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both MARM and TDIV in my portfolio?

MARM and TDIV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MARM or TDIV?

TDIV has higher volatility (6.86%) compared to MARM (0.41%). In terms of maximum drawdown, MARM dropped -2.74% vs TDIV's -31.97%.

Which ETF is better, MARM or TDIV?

On 1-year performance, TDIV leads with 53.63% vs 7.26% for MARM. On fees, TDIV is cheaper at 0.50% per year. On volatility, MARM has been the lower-risk option at 0.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MARM or TDIV?

Over the 1-year period, TDIV has performed better with a 53.63% return vs 7.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MARM or TDIV?

TDIV is cheaper with a 0.50% expense ratio, compared with 0.85% for MARM.

Which ETF pays a higher dividend yield, MARM or TDIV?

TDIV has the higher dividend yield at 1.12%, compared with 0.00% for MARM.

What is the main difference between MARM and TDIV?

MARM is categorized as Defined Outcome, while TDIV is Technology Equities. Their fees differ too: 0.85% for MARM and 0.50% for TDIV.

Which has better risk-adjusted returns?

MARM currently has the higher Sharpe Ratio (4.55 vs 2.93), 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.