QB vs. KMAR
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. Over the past year, QB returned 18.61% vs 21.69% for KMAR. 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
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with QB having a 12.42% return and KMAR slightly lower at 11.95%.
QB
- 1D
- -0.11%
- 1M
- 2.44%
- 6M
- 11.41%
- YTD
- 12.42%
- 1Y
- 18.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KMAR
- 1D
- -0.05%
- 1M
- 1.04%
- 6M
- 8.88%
- YTD
- 11.95%
- 1Y
- 21.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QB vs. KMAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.42% | 6.10% |
KMAR Innovator U.S. Small Cap Power Buffer ETF - March | 11.95% | 11.37% |
Correlation
The correlation between QB and KMAR is 0.60, 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 | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.59 |
The correlation between QB and KMAR has been stable across timeframes, ranging from 0.59 to 0.60 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QB vs. KMAR — Risk / Return Rank
QB
KMAR
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.
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.
| QB | KMAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.45 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 5.38 | 4.45 | +0.93 |
| Martin ratioReturn relative to average drawdown | 25.93 | 18.29 | +7.64 |
Loading charts...
Drawdowns
QB vs. KMAR - Drawdown Comparison
The maximum QB drawdown since its inception was -3.47%, smaller than the maximum KMAR drawdown of -11.32%. Use the drawdown chart below to compare losses from any high point for QB and KMAR.
Loading charts...
Drawdown Indicators
| QB | KMAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.47% | -11.32% | +7.85% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -4.89% | +1.42% |
Current DrawdownCurrent decline from peak | -0.22% | -0.24% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -1.29% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 1.19% | -0.47% |
Volatility
QB vs. KMAR - Volatility Comparison
ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) has a higher volatility of 2.71% compared to Innovator U.S. Small Cap Power Buffer ETF - March (KMAR) at 1.60%. This indicates that QB's price experiences larger fluctuations and is considered to be riskier than KMAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QB | KMAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 1.60% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 5.83% | 6.69% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.03% | 9.22% | -2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.91% | 11.92% | -5.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.91% | 11.92% | -5.01% |
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 0.77%, 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 | 0.77% | 0.48% |
Frequently Asked Questions
QB and KMAR have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QB has higher volatility (2.71%) compared to KMAR (1.60%). In terms of maximum drawdown, QB dropped -3.47% vs KMAR's -11.32%.
On 1-year performance, KMAR leads with 21.69% vs 18.61% for QB. On fees, QB is cheaper at 0.58% per year. On volatility, KMAR has been the lower-risk option at 1.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KMAR has performed better with a 21.69% return vs 18.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QB is cheaper with a 0.58% expense ratio, compared with 0.79% for KMAR.
QB has the higher dividend yield at 0.77%, compared with 0.00% for 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.
QB currently has the higher Sharpe Ratio (2.66 vs 2.37), 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.
Find the right allocation for QB and KMAR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer