Correlation
The correlation between QMAR and BUFQ is 0.90, 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.
QMAR vs. BUFQ
Compare and contrast key facts about FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and FT Vest Laddered Nasdaq Buffer ETF (BUFQ).
QMAR and BUFQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QMAR is an actively managed fund by First Trust. It was launched on Mar 19, 2021. BUFQ is a passively managed fund by FT Vest that tracks the performance of the NASDAQ 100 Index - USD. It was launched on Jun 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QMAR or BUFQ.
Performance
QMAR vs. BUFQ - Performance Comparison
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Key characteristics
QMAR:
0.67
BUFQ:
0.70
QMAR:
0.96
BUFQ:
1.02
QMAR:
1.15
BUFQ:
1.15
QMAR:
0.64
BUFQ:
0.64
QMAR:
2.35
BUFQ:
2.41
QMAR:
4.31%
BUFQ:
4.16%
QMAR:
16.88%
BUFQ:
15.51%
QMAR:
-19.83%
BUFQ:
-15.74%
QMAR:
-2.79%
BUFQ:
-1.96%
Returns By Period
In the year-to-date period, QMAR achieves a 0.84% return, which is significantly lower than BUFQ's 1.65% return.
QMAR
0.84%
4.89%
1.20%
11.07%
13.50%
N/A
N/A
BUFQ
1.65%
5.27%
2.14%
10.63%
N/A
N/A
N/A
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QMAR vs. BUFQ - Expense Ratio Comparison
QMAR has a 0.90% expense ratio, which is lower than BUFQ's 1.10% expense ratio.
Risk-Adjusted Performance
QMAR vs. BUFQ — Risk-Adjusted Performance Rank
QMAR
BUFQ
QMAR vs. BUFQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and FT Vest Laddered Nasdaq Buffer ETF (BUFQ). 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.
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Dividends
QMAR vs. BUFQ - Dividend Comparison
Neither QMAR nor BUFQ has paid dividends to shareholders.
Drawdowns
QMAR vs. BUFQ - Drawdown Comparison
The maximum QMAR drawdown since its inception was -19.83%, which is greater than BUFQ's maximum drawdown of -15.74%. Use the drawdown chart below to compare losses from any high point for QMAR and BUFQ.
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Volatility
QMAR vs. BUFQ - Volatility Comparison
The current volatility for FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) is 3.16%, while FT Vest Laddered Nasdaq Buffer ETF (BUFQ) has a volatility of 3.80%. This indicates that QMAR experiences smaller price fluctuations and is considered to be less risky than BUFQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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