SGLC vs. QMAR

Last updated Jun 6, 2026

SGLC (SGI U.S. Large Cap Core ETF) and QMAR (FT Cboe Vest Nasdaq-100 Buffer ETF - March) are both exchange-traded funds - SGLC is a Large Cap Blend Equities fund actively managed by Summit Global Investments, while QMAR is a Nasdaq-100 fund actively managed by First Trust. Both are actively managed. Over the past 3 years, SGLC returned 21.39%/yr vs 16.08%/yr for QMAR. A 0.79 correlation means they provide meaningful diversification when combined. SGLC charges 0.85%/yr vs 0.90%/yr for QMAR.

Performance

SGLC vs. QMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI U.S. Large Cap Core ETF (SGLC) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SGLC having a 11.90% return and QMAR slightly lower at 11.34%.

SGLC

• 1D: -2.57%
• 1M: 0.89%
• YTD: 11.90%
• 6M: 13.29%
• 1Y: 30.82%
• 3Y*: 21.39%
• 5Y*: —
• 10Y*: —

QMAR

• 1D: -1.50%
• 1M: 0.28%
• YTD: 11.34%
• 6M: 12.13%
• 1Y: 21.87%
• 3Y*: 16.08%
• 5Y*: 11.78%
• 10Y*: —

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

SGLC vs. QMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SGLC SGI U.S. Large Cap Core ETF	11.90%	17.30%	20.19%	18.93%
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	11.34%	10.89%	16.11%	15.55%

Correlation

The correlation between SGLC and QMAR is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 3, 2023	0.79

The correlation between SGLC and QMAR has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.

SGLC vs. QMAR - Sectors Allocation Comparison

Sectors	SGLC	QMAR
Technology	32.4%	54.2%
Financial Services	14.9%	0.2%
Communication Services	11.2%	15.5%
Consumer Cyclical	10.1%	12.2%
Healthcare	9.9%	4.2%
Industrials	6.5%	2.8%
Consumer Defensive	5.4%	7.6%
Basic Materials	3.1%	1.2%
Energy	2.9%	0.6%
Real Estate	2.5%	0.1%
Utilities	1.2%	1.4%

Return for Risk

SGLC vs. QMAR — Risk / Return Rank

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

SGLC

SGLC Risk / Return Rank: 72
SGLC Sharpe Ratio Rank: 74
SGLC Sortino Ratio Rank: 70
SGLC Omega Ratio Rank: 72
SGLC Calmar Ratio Rank: 68
SGLC Martin Ratio Rank: 78

QMAR

QMAR Risk / Return Rank: 96
QMAR Sharpe Ratio Rank: 94
QMAR Sortino Ratio Rank: 96
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.

SGLC vs. QMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI U.S. Large Cap Core ETF (SGLC) 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.

	SGLC	QMAR	Difference
Sharpe ratio: Return per unit of total volatility	2.25	3.51	-1.26
Sortino ratio: Return per unit of downside risk	2.95	5.28	-2.33
Omega ratio: Gain probability vs. loss probability	1.40	1.84	-0.44
Calmar ratio: Return relative to maximum drawdown	3.20	6.84	-3.63
Martin ratio: Return relative to average drawdown	14.20	47.96	-33.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGLC vs. QMAR - Sharpe Ratio Comparison

The current SGLC Sharpe Ratio is 2.25, which is lower than the QMAR Sharpe Ratio of 3.51. The chart below compares the historical Sharpe Ratios of SGLC and QMAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SGLC	QMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	3.51	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.88	+0.49

Drawdowns

SGLC vs. QMAR - Drawdown Comparison

The maximum SGLC drawdown since its inception was -20.24%, roughly equal to the maximum QMAR drawdown of -19.83%. Use the drawdown chart below to compare losses from any high point for SGLC and QMAR.

Drawdown Indicators

	SGLC	QMAR	Difference
Max Drawdown Largest peak-to-trough decline	-20.24%	-19.83%	-0.41%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-3.21%	-6.46%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	-15.91%	-4.33%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.83%	—
Current Drawdown Current decline from peak	-2.64%	-1.70%	-0.94%
Average Drawdown Average peak-to-trough decline	-2.45%	-3.28%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	0.46%	+1.72%

Volatility

SGLC vs. QMAR - Volatility Comparison

SGI U.S. Large Cap Core ETF (SGLC) has a higher volatility of 4.00% compared to FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) at 1.95%. This indicates that SGLC'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

	SGLC	QMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	1.95%	+2.05%
Volatility (6M) Calculated over the trailing 6-month period	11.37%	5.11%	+6.26%
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	6.28%	+7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.09%	13.98%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.09%	13.86%	+2.23%

SGLC vs. QMAR - Expense Ratio Comparison

SGLC has a 0.85% expense ratio, which is lower than QMAR's 0.90% expense ratio.

Dividends

SGLC vs. QMAR - Dividend Comparison

SGLC's dividend yield for the trailing twelve months is around 0.21%, while QMAR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March	0.00%	0.00%	0.00%	0.00%
SGLC SGI U.S. Large Cap Core ETF	0.21%	0.23%	8.68%	1.49%

Frequently Asked Questions

Can I hold both SGLC and QMAR in my portfolio?

SGLC and QMAR have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGLC or QMAR?

SGLC has higher volatility (4.00%) compared to QMAR (1.95%). In terms of maximum drawdown, SGLC dropped -20.24% vs QMAR's -19.83%.

Which ETF is better, SGLC or QMAR?

On 3-year performance, SGLC leads with 21.39% vs 16.08% for QMAR. On fees, SGLC is cheaper at 0.85% per year. On volatility, QMAR has been the lower-risk option at 1.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGLC or QMAR?

Over the 3-year period, SGLC has performed better with a 21.39% return vs 16.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGLC or QMAR?

SGLC is cheaper with a 0.85% expense ratio, compared with 0.90% for QMAR.

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

SGLC has the higher dividend yield at 0.21%, compared with 0.00% for QMAR.

What is the main difference between SGLC and QMAR?

SGLC is categorized as Large Cap Blend Equities, while QMAR is Nasdaq-100. They also come from different issuers: Summit Global Investments and First Trust. Their fees differ too: 0.85% for SGLC and 0.90% for QMAR.

Which has better risk-adjusted returns?

QMAR currently has the higher Sharpe Ratio (3.51 vs 2.25), 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.