QMAR vs. SHRY

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) and First Trust Bloomberg Shareholder Yield ETF (SHRY).

QMAR and SHRY 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. SHRY is a passively managed fund by First Trust that tracks the performance of the Bloomberg Shareholder Yield Index - Benchmark TR Gross. It was launched on Jun 20, 2017.

Performance

QMAR vs. SHRY - 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 Bloomberg Shareholder Yield ETF (SHRY). The values are adjusted to include any dividend payments, if applicable.

QMAR vs. SHRY - 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%
SHRY First Trust Bloomberg Shareholder Yield ETF	3.97%	7.29%	17.27%	17.47%	-14.21%	18.86%

Returns By Period

In the year-to-date period, QMAR achieves a 1.87% return, which is significantly lower than SHRY's 3.97% return.

QMAR

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

SHRY

• 1D: 0.52%
• 1M: -3.51%
• YTD: 3.97%
• 6M: 2.16%
• 1Y: 9.02%
• 3Y*: 13.82%
• 5Y*: 8.96%
• 10Y*: —

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

QMAR vs. SHRY - Expense Ratio Comparison

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

QMAR

FT Cboe Vest Nasdaq-100 Buffer ETF - March

SHRY

First Trust Bloomberg Shareholder Yield ETF

Return for Risk

QMAR vs. SHRY — 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

SHRY

SHRY Risk / Return Rank: 33
SHRY Sharpe Ratio Rank: 30
SHRY Sortino Ratio Rank: 31
SHRY Omega Ratio Rank: 31
SHRY Calmar Ratio Rank: 34
SHRY Martin Ratio Rank: 37

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. SHRY - 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 Bloomberg Shareholder Yield ETF (SHRY). 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	SHRY	Difference
Sharpe ratio Return per unit of total volatility	1.43	0.58	+0.85
Sortino ratio Return per unit of downside risk	2.27	0.92	+1.34
Omega ratio Gain probability vs. loss probability	1.46	1.13	+0.33
Calmar ratio Return relative to maximum drawdown	2.03	0.88	+1.15
Martin ratio Return relative to average drawdown	14.07	3.49	+10.58
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. SHRY - Sharpe Ratio Comparison

The current QMAR Sharpe Ratio is 1.43, which is higher than the SHRY Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of QMAR and SHRY, 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	SHRY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	0.58	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.57	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.61	+0.16

Correlation

The correlation between QMAR and SHRY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QMAR vs. SHRY - Dividend Comparison

QMAR has not paid dividends to shareholders, while SHRY's dividend yield for the trailing twelve months is around 1.70%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
SHRY First Trust Bloomberg Shareholder Yield ETF	1.70%	1.73%	1.76%	1.49%	1.52%	0.98%	1.65%	1.54%	1.89%	0.55%

Drawdowns

QMAR vs. SHRY - Drawdown Comparison

The maximum QMAR drawdown since its inception was -19.83%, smaller than the maximum SHRY drawdown of -36.67%. Use the drawdown chart below to compare losses from any high point for QMAR and SHRY.

Drawdown Indicators

	QMAR	SHRY	Difference
Max Drawdown Largest peak-to-trough decline	-19.83%	-36.67%	+16.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.23%	-11.86%	+2.63%
Max Drawdown (5Y) Largest decline over 5 years	-19.83%	-23.94%	+4.11%
Current Drawdown Current decline from peak	-0.88%	-3.98%	+3.10%
Average Drawdown Average peak-to-trough decline	-3.40%	-5.08%	+1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	2.99%	-1.66%

Volatility

QMAR vs. SHRY - Volatility Comparison

FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) has a higher volatility of 3.50% compared to First Trust Bloomberg Shareholder Yield ETF (SHRY) at 2.93%. This indicates that QMAR's price experiences larger fluctuations and is considered to be riskier than SHRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMAR	SHRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	2.93%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	4.62%	8.25%	-3.63%
Volatility (1Y) Calculated over the trailing 1-year period	13.25%	15.69%	-2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	15.72%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.03%	18.31%	-4.28%