QMAR vs. CIBR

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and First Trust NASDAQ Cybersecurity ETF (CIBR).

QMAR and CIBR 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. CIBR is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Cybersecurity Index. It was launched on Jul 7, 2015.

Performance

QMAR vs. CIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and First Trust NASDAQ Cybersecurity ETF (CIBR). The values are adjusted to include any dividend payments, if applicable.

QMAR vs. CIBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	1.87%	10.89%	16.11%	35.47%	-16.56%	12.31%
CIBR First Trust NASDAQ Cybersecurity ETF	-12.12%	13.06%	18.21%	39.71%	-26.46%	24.70%

Returns By Period

In the year-to-date period, QMAR achieves a 1.87% return, which is significantly higher than CIBR's -12.12% return.

QMAR

• 1D: 2.41%
• 1M: 0.75%
• YTD: 1.87%
• 6M: 4.47%
• 1Y: 18.84%
• 3Y*: 14.87%
• 5Y*: 10.44%
• 10Y*: —

CIBR

• 1D: 3.11%
• 1M: -0.19%
• YTD: -12.12%
• 6M: -17.17%
• 1Y: 0.06%
• 3Y*: 14.11%
• 5Y*: 8.62%
• 10Y*: 14.52%

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

QMAR vs. CIBR - Expense Ratio Comparison

QMAR has a 0.90% expense ratio, which is higher than CIBR's 0.60% expense ratio.

QMAR

FT Cboe Vest Nasdaq-100 Buffer ETF - March

CIBR

First Trust NASDAQ Cybersecurity ETF

Return for Risk

QMAR vs. CIBR — Risk / Return Rank

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

QMAR

QMAR Risk / Return Rank: 85
QMAR Sharpe Ratio Rank: 78
QMAR Sortino Ratio Rank: 85
QMAR Omega Ratio Rank: 95
QMAR Calmar Ratio Rank: 76
QMAR Martin Ratio Rank: 94

CIBR

CIBR Risk / Return Rank: 12
CIBR Sharpe Ratio Rank: 13
CIBR Sortino Ratio Rank: 13
CIBR Omega Ratio Rank: 13
CIBR Calmar Ratio Rank: 12
CIBR Martin Ratio Rank: 12

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.

QMAR vs. CIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and First Trust NASDAQ Cybersecurity ETF (CIBR). 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.

	QMAR	CIBR	Difference
Sharpe ratio Return per unit of total volatility	1.43	0.00	+1.43
Sortino ratio Return per unit of downside risk	2.27	0.17	+2.09
Omega ratio Gain probability vs. loss probability	1.46	1.02	+0.44
Calmar ratio Return relative to maximum drawdown	2.03	-0.03	+2.06
Martin ratio Return relative to average drawdown	14.07	-0.07	+14.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QMAR vs. CIBR - Sharpe Ratio Comparison

The current QMAR Sharpe Ratio is 1.43, which is higher than the CIBR Sharpe Ratio of 0.00. The chart below compares the historical Sharpe Ratios of QMAR and CIBR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QMAR	CIBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	0.00	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.36	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.51	+0.25

Correlation

The correlation between QMAR and CIBR is 0.75, 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.

Dividends

QMAR vs. CIBR - Dividend Comparison

QMAR has not paid dividends to shareholders, while CIBR's dividend yield for the trailing twelve months is around 0.65%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QMAR FT Cboe Vest Nasdaq-100 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%
CIBR First Trust NASDAQ Cybersecurity ETF	0.65%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%

Drawdowns

QMAR vs. CIBR - Drawdown Comparison

The maximum QMAR drawdown since its inception was -19.83%, smaller than the maximum CIBR drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for QMAR and CIBR.

Drawdown Indicators

	QMAR	CIBR	Difference
Max Drawdown Largest peak-to-trough decline	-19.83%	-33.89%	+14.06%
Max Drawdown (1Y) Largest decline over 1 year	-9.23%	-21.96%	+12.73%
Max Drawdown (5Y) Largest decline over 5 years	-19.83%	-33.89%	+14.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.89%	—
Current Drawdown Current decline from peak	-0.88%	-19.50%	+18.62%
Average Drawdown Average peak-to-trough decline	-3.40%	-8.66%	+5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	8.02%	-6.69%

Volatility

QMAR vs. CIBR - Volatility Comparison

The current volatility for FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) is 3.50%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 7.04%. This indicates that QMAR experiences smaller price fluctuations and is considered to be less risky than CIBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMAR	CIBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	7.04%	-3.54%
Volatility (6M) Calculated over the trailing 6-month period	4.62%	16.45%	-11.83%
Volatility (1Y) Calculated over the trailing 1-year period	13.25%	24.46%	-11.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	24.21%	-10.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.03%	23.22%	-9.19%