QB vs. KMAR

Last updated Jun 4, 2026

QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) and KMAR (Innovator U.S. Small Cap Power Buffer ETF - March) are both Defined Outcome funds - QB tracks the Nasdaq-100 while KMAR tracks the iShares Russell 2000 ETF (IWM) Price Return. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. QB charges 0.58%/yr vs 0.79%/yr for KMAR.

Performance

QB vs. KMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) and Innovator U.S. Small Cap Power Buffer ETF - March (KMAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QB achieves a 10.47% return, which is significantly higher than KMAR's 9.54% return.

QB

• 1D: -0.19%
• 1M: 2.95%
• YTD: 10.47%
• 6M: 9.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KMAR

• 1D: -0.70%
• 1M: 1.55%
• YTD: 9.54%
• 6M: 10.29%
• 1Y: 23.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QB vs. KMAR - Yearly Performance Comparison

	2026 (YTD)	2025
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	10.47%	5.77%
KMAR Innovator U.S. Small Cap Power Buffer ETF - March	9.54%	10.39%

Correlation

The correlation between QB and KMAR is 0.59, 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 27, 2025	0.59

Return for Risk

QB vs. KMAR — Risk / Return Rank

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

KMAR

KMAR Risk / Return Rank: 83
KMAR Sharpe Ratio Rank: 79
KMAR Sortino Ratio Rank: 84
KMAR Omega Ratio Rank: 80
KMAR Calmar Ratio Rank: 86
KMAR Martin Ratio Rank: 89

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.

QB vs. KMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) and Innovator U.S. Small Cap Power Buffer ETF - March (KMAR). 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.

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

Sharpe Ratios by Period

	QB	KMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.17	1.59	+1.58

Drawdowns

QB vs. KMAR - Drawdown Comparison

The maximum QB drawdown since its inception was -1.83%, smaller than the maximum KMAR drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for QB and KMAR.

Drawdown Indicators

	QB	KMAR	Difference
Max Drawdown Largest peak-to-trough decline	-1.83%	-10.06%	+8.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.89%	—
Current Drawdown Current decline from peak	-0.30%	-0.70%	+0.40%
Average Drawdown Average peak-to-trough decline	-0.34%	-1.09%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.19%	—

Volatility

Volatility by Period

	QB	KMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	9.32%	-3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.75%	12.08%	-6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.75%	12.08%	-6.33%

QB vs. KMAR - Expense Ratio Comparison

QB has a 0.58% expense ratio, which is lower than KMAR's 0.79% expense ratio.

Dividends

QB vs. KMAR - Dividend Comparison

QB's dividend yield for the trailing twelve months is around 0.62%, while KMAR has not paid dividends to shareholders.

Position	TTM	2025
KMAR Innovator U.S. Small Cap Power Buffer ETF - March	0.00%	0.00%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.62%	0.48%

Frequently Asked Questions

Can I hold both QB and KMAR in my portfolio?

QB and KMAR have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QB or KMAR?

On fees, QB 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, QB or KMAR?

QB is cheaper with a 0.58% expense ratio, compared with 0.79% for KMAR.

Which ETF pays a higher dividend yield, QB or KMAR?

QB has the higher dividend yield at 0.62%, compared with 0.00% for KMAR.

What is the main difference between QB and KMAR?

QB tracks Nasdaq-100, while KMAR tracks iShares Russell 2000 ETF (IWM) Price Return. They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.58% for QB and 0.79% for KMAR.