QMAR vs. QEW

Last updated Jun 4, 2026

QMAR (FT Cboe Vest Nasdaq-100 Buffer ETF - March) and QEW (Invesco QQQ Equal Weight ETF) are both Nasdaq-100 funds. QMAR is actively managed, while QEW is passively managed. Their correlation of 0.83 suggests significant overlap in exposure. QMAR charges 0.90%/yr vs 0.25%/yr for QEW.

Performance

QMAR vs. QEW - 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 Invesco QQQ Equal Weight ETF (QEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QMAR

• 1D: -0.09%
• 1M: 2.81%
• YTD: 13.06%
• 6M: 14.01%
• 1Y: 23.38%
• 3Y*: 16.73%
• 5Y*: 12.13%
• 10Y*: —

QEW

• 1D: -0.11%
• 1M: 10.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QMAR vs. QEW - Yearly Performance Comparison

	2026 (YTD)
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	10.94%
QEW Invesco QQQ Equal Weight ETF	21.49%

Correlation

The correlation between QMAR and QEW is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.83

Return for Risk

QMAR vs. QEW — Risk / Return Rank

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

QMAR

QMAR Risk / Return Rank: 96
QMAR Sharpe Ratio Rank: 95
QMAR Sortino Ratio Rank: 97
QMAR Omega Ratio Rank: 97
QMAR Calmar Ratio Rank: 94
QMAR Martin Ratio Rank: 97

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. QEW - 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 Invesco QQQ Equal Weight ETF (QEW). 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	QEW	Difference
Sharpe ratio Return per unit of total volatility	3.86	—	—
Sortino ratio Return per unit of downside risk	6.05	—	—
Omega ratio Gain probability vs. loss probability	1.93	—	—
Calmar ratio Return relative to maximum drawdown	7.31	—	—
Martin ratio Return relative to average drawdown	52.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QMAR	QEW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.86	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	9.75	-8.84

Drawdowns

QMAR vs. QEW - Drawdown Comparison

The maximum QMAR drawdown since its inception was -19.83%, which is greater than QEW's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for QMAR and QEW.

Drawdown Indicators

	QMAR	QEW	Difference
Max Drawdown Largest peak-to-trough decline	-19.83%	-4.15%	-15.68%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.83%	—	—
Current Drawdown Current decline from peak	-0.19%	-0.11%	-0.08%
Average Drawdown Average peak-to-trough decline	-3.28%	-0.57%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.45%	—	—

Volatility

Volatility by Period

	QMAR	QEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.09%	15.78%	-9.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	15.78%	-1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.85%	15.78%	-1.93%

QMAR vs. QEW - Expense Ratio Comparison

QMAR has a 0.90% expense ratio, which is higher than QEW's 0.25% expense ratio.

Dividends

QMAR vs. QEW - Dividend Comparison

Neither QMAR nor QEW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QMAR and QEW in my portfolio?

QMAR and QEW have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QMAR or QEW?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QMAR or QEW?

QEW is cheaper with a 0.25% expense ratio, compared with 0.90% for QMAR.

Which ETF pays a higher dividend yield, QMAR or QEW?

QMAR and QEW have nearly identical dividend yields, around 0.00%.

What is the main difference between QMAR and QEW?

They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.90% for QMAR and 0.25% for QEW.