QMAR vs. QTEC

Last updated Jun 24, 2026

QMAR (FT Cboe Vest Nasdaq-100 Buffer ETF - March) and QTEC (First Trust NASDAQ-100 Technology Sector Index Fund) are both Nasdaq-100 funds from First Trust. QMAR is actively managed, while QTEC is passively managed. Over the past 5 years, QMAR returned 11.30%/yr vs 15.56%/yr for QTEC. Their correlation of 0.87 suggests significant overlap in exposure. QMAR charges 0.90%/yr vs 0.57%/yr for QTEC.

Performance

QMAR vs. QTEC - 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-100 Technology Sector Index Fund (QTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMAR achieves a 11.40% return, which is significantly lower than QTEC's 38.99% return.

QMAR

• 1D: -1.06%
• 1M: -0.77%
• YTD: 11.40%
• 6M: 11.38%
• 1Y: 20.76%
• 3Y*: 15.65%
• 5Y*: 11.30%
• 10Y*: —

QTEC

• 1D: -4.69%
• 1M: 5.04%
• YTD: 38.99%
• 6M: 36.41%
• 1Y: 56.32%
• 3Y*: 31.13%
• 5Y*: 15.56%
• 10Y*: 22.91%

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

QMAR vs. QTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	11.40%	10.89%	16.11%	35.47%	-16.56%	12.87%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	38.99%	22.28%	7.32%	67.02%	-39.83%	24.60%

Correlation

The correlation between QMAR and QTEC 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 (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021	0.87

The correlation between QMAR and QTEC has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

QMAR vs. QTEC - Sectors Allocation Comparison

Sectors	QMAR	QTEC
Technology	58.7%	89.8%
Communication Services	14.3%	5.8%
Consumer Cyclical	11.4%	3.0%
Consumer Defensive	6.4%	-
Healthcare	3.7%	-
Industrials	2.6%	1.4%
Utilities	1.2%	-
Basic Materials	1.0%	-
Energy	0.5%	-
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

QMAR vs. QTEC — Risk / Return Rank

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

QMAR

QMAR Risk / Return Rank: 95
QMAR Sharpe Ratio Rank: 93
QMAR Sortino Ratio Rank: 95
QMAR Omega Ratio Rank: 96
QMAR Calmar Ratio Rank: 94
QMAR Martin Ratio Rank: 97

QTEC

QTEC Risk / Return Rank: 66
QTEC Sharpe Ratio Rank: 71
QTEC Sortino Ratio Rank: 60
QTEC Omega Ratio Rank: 63
QTEC Calmar Ratio Rank: 73
QTEC Martin Ratio Rank: 64

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. QTEC - 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-100 Technology Sector Index Fund (QTEC). 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.

	QMAR	QTEC	Difference
Sharpe ratio: Return per unit of total volatility	3.19	2.17	+1.03
Sortino ratio: Return per unit of downside risk	4.77	2.71	+2.06
Omega ratio: Gain probability vs. loss probability	1.74	1.36	+0.38
Calmar ratio: Return relative to maximum drawdown	6.49	3.53	+2.96
Martin ratio: Return relative to average drawdown	39.78	11.11	+28.67

QMAR vs. QTEC - Sharpe Ratio Comparison

The current QMAR Sharpe Ratio is 3.19, which is higher than the QTEC Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of QMAR and QTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QMAR vs. QTEC - Drawdown Comparison

The maximum QMAR drawdown since its inception was -19.83%, smaller than the maximum QTEC drawdown of -58.86%. Use the drawdown chart below to compare losses from any high point for QMAR and QTEC.

Drawdown Indicators

	QMAR	QTEC	Difference
Max Drawdown Largest peak-to-trough decline	-19.83%	-58.86%	+39.03%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-16.03%	+12.82%
Max Drawdown (3Y) Largest decline over 3 years	-15.91%	-29.00%	+13.09%
Max Drawdown (5Y) Largest decline over 5 years	-19.83%	-45.54%	+25.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.54%	—
Current Drawdown Current decline from peak	-1.65%	-4.69%	+3.04%
Average Drawdown Average peak-to-trough decline	-3.26%	-9.87%	+6.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.52%	5.08%	-4.56%

Volatility

QMAR vs. QTEC - Volatility Comparison

The current volatility for FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) is 2.92%, while First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has a volatility of 14.47%. This indicates that QMAR experiences smaller price fluctuations and is considered to be less risky than QTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMAR	QTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	14.47%	-11.55%
Volatility (6M) Calculated over the trailing 6-month period	5.59%	21.95%	-16.36%
Volatility (1Y) Calculated over the trailing 1-year period	6.55%	26.15%	-19.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.01%	29.72%	-15.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.83%	27.75%	-13.92%

QMAR vs. QTEC - Expense Ratio Comparison

QMAR has a 0.90% expense ratio, which is higher than QTEC's 0.57% expense ratio.

Dividends

QMAR vs. QTEC - Dividend Comparison

Neither QMAR nor QTEC has paid dividends to shareholders.

Position	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%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	0.00%	0.00%	0.02%	0.14%	0.15%	0.02%	0.44%	0.68%	0.91%	0.80%	1.29%	0.99%

Frequently Asked Questions

Can I hold both QMAR and QTEC in my portfolio?

QMAR and QTEC 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 is riskier, QMAR or QTEC?

QTEC has higher volatility (14.47%) compared to QMAR (2.92%). In terms of maximum drawdown, QMAR dropped -19.83% vs QTEC's -58.86%.

Which ETF is better, QMAR or QTEC?

On 5-year performance, QTEC leads with 15.56% vs 11.30% for QMAR. On fees, QTEC is cheaper at 0.57% per year. On volatility, QMAR has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMAR or QTEC?

Over the 5-year period, QTEC has performed better with a 15.56% return vs 11.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QMAR or QTEC?

QTEC is cheaper with a 0.57% expense ratio, compared with 0.90% for QMAR.

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

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

What is the main difference between QMAR and QTEC?

Their fees differ too: 0.90% for QMAR and 0.57% for QTEC.

Which has better risk-adjusted returns?

QMAR currently has the higher Sharpe Ratio (3.19 vs 2.17), 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.