SEIM vs. QMAR

Last updated Apr 1, 2026

Compare and contrast key facts about SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR).

SEIM and QMAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEIM is an actively managed fund by SEI. It was launched on May 16, 2022. QMAR is an actively managed fund by First Trust. It was launched on Mar 19, 2021.

Performance

SEIM vs. QMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). The values are adjusted to include any dividend payments, if applicable.

SEIM vs. QMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	-1.26%	20.20%	39.12%	16.25%	-2.39%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	1.87%	10.89%	16.11%	35.47%	-3.90%

Returns By Period

In the year-to-date period, SEIM achieves a -1.26% return, which is significantly lower than QMAR's 1.87% return.

SEIM

• 1D: 3.75%
• 1M: -5.52%
• YTD: -1.26%
• 6M: 0.60%
• 1Y: 27.09%
• 3Y*: 22.17%
• 5Y*: —
• 10Y*: —

QMAR

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

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

SEIM vs. QMAR - Expense Ratio Comparison

SEIM has a 0.15% expense ratio, which is lower than QMAR's 0.90% expense ratio.

QMAR

FT Cboe Vest Nasdaq-100 Buffer ETF - March

SEIM

SEI Enhanced US Large Cap Momentum Factor ETF

Return for Risk

SEIM vs. QMAR — Risk / Return Rank

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

SEIM

SEIM Risk / Return Rank: 77
SEIM Sharpe Ratio Rank: 73
SEIM Sortino Ratio Rank: 74
SEIM Omega Ratio Rank: 73
SEIM Calmar Ratio Rank: 80
SEIM Martin Ratio Rank: 84

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

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.

SEIM vs. QMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). 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.

	SEIM	QMAR	Difference
Sharpe ratio Return per unit of total volatility	1.26	1.43	-0.17
Sortino ratio Return per unit of downside risk	1.81	2.27	-0.45
Omega ratio Gain probability vs. loss probability	1.26	1.46	-0.20
Calmar ratio Return relative to maximum drawdown	2.14	2.03	+0.11
Martin ratio Return relative to average drawdown	9.28	14.07	-4.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEIM vs. QMAR - Sharpe Ratio Comparison

The current SEIM Sharpe Ratio is 1.26, which is comparable to the QMAR Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of SEIM and QMAR, 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

	SEIM	QMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	1.43	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.76	+0.17

Correlation

The correlation between SEIM and QMAR is 0.79, 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

SEIM vs. QMAR - Dividend Comparison

SEIM's dividend yield for the trailing twelve months is around 0.57%, while QMAR has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.57%	0.56%	0.48%	0.89%	1.01%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SEIM vs. QMAR - Drawdown Comparison

The maximum SEIM drawdown since its inception was -22.17%, which is greater than QMAR's maximum drawdown of -19.83%. Use the drawdown chart below to compare losses from any high point for SEIM and QMAR.

Drawdown Indicators

	SEIM	QMAR	Difference
Max Drawdown Largest peak-to-trough decline	-22.17%	-19.83%	-2.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-9.23%	-3.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.83%	—
Current Drawdown Current decline from peak	-6.70%	-0.88%	-5.82%
Average Drawdown Average peak-to-trough decline	-4.12%	-3.40%	-0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	1.33%	+1.64%

Volatility

SEIM vs. QMAR - Volatility Comparison

SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) has a higher volatility of 7.37% compared to FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) at 3.50%. This indicates that SEIM's price experiences larger fluctuations and is considered to be riskier than QMAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEIM	QMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.37%	3.50%	+3.87%
Volatility (6M) Calculated over the trailing 6-month period	13.31%	4.62%	+8.69%
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	13.25%	+8.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	14.05%	+4.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	14.03%	+4.90%