TMAR vs. NFTY
TMAR (FT Vest Emerging Markets Buffer ETF - March) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - TMAR is a Defined Outcome fund tracking the iShares MSCI Emerging Markets ETF (EEM) Price Return, while NFTY is a Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past year, TMAR returned 28.83% vs -8.48% for NFTY. A 0.52 correlation means they provide meaningful diversification when combined. TMAR charges 0.95%/yr vs 0.80%/yr for NFTY.
Performance
TMAR vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, TMAR achieves a 14.45% return, which is significantly higher than NFTY's -9.70% return.
TMAR
- 1D
- -0.72%
- 1M
- 2.73%
- YTD
- 14.45%
- 6M
- 15.92%
- 1Y
- 28.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFTY
- 1D
- -1.34%
- 1M
- -1.64%
- YTD
- -9.70%
- 6M
- -7.99%
- 1Y
- -8.48%
- 3Y*
- 5.72%
- 5Y*
- 4.62%
- 10Y*
- 8.13%
TMAR vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TMAR FT Vest Emerging Markets Buffer ETF - March | 14.45% | 14.71% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -9.70% | 4.89% |
Correlation
The correlation between TMAR and NFTY is 0.51, 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 | 0.51 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025 | 0.52 |
The correlation between TMAR and NFTY has been stable across timeframes, ranging from 0.51 to 0.52 - a consistent structural relationship.
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Return for Risk
TMAR vs. NFTY — Risk / Return Rank
TMAR
NFTY
TMAR vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Emerging Markets Buffer ETF - March (TMAR) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.
| TMAR | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.64 | ||
| Sortino ratioReturn per unit of downside risk | +5.41 | ||
| Omega ratioGain probability vs. loss probability | 1.77 | 0.91 | +0.85 |
| Calmar ratioReturn relative to maximum drawdown | 7.95 | -0.53 | +8.48 |
| Martin ratioReturn relative to average drawdown | 38.42 | -1.39 | +39.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TMAR | NFTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | -0.58 | +3.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.27 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.25 | 0.28 | +1.98 |
Drawdowns
TMAR vs. NFTY - Drawdown Comparison
The maximum TMAR drawdown since its inception was -9.93%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for TMAR and NFTY.
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Drawdown Indicators
| TMAR | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.93% | -47.67% | +37.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -16.14% | +12.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.67% | — |
Current DrawdownCurrent decline from peak | -0.72% | -17.45% | +16.73% |
Average DrawdownAverage peak-to-trough decline | -0.66% | -9.58% | +8.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 6.12% | -5.37% |
Volatility
TMAR vs. NFTY - Volatility Comparison
FT Vest Emerging Markets Buffer ETF - March (TMAR) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) have volatilities of 4.53% and 4.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMAR | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 4.58% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.17% | 12.57% | -4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.47% | 14.72% | -5.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.42% | 17.39% | -5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.42% | 20.72% | -9.30% |
TMAR vs. NFTY - Expense Ratio Comparison
TMAR has a 0.95% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
TMAR vs. NFTY - Dividend Comparison
TMAR has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.96% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
TMAR FT Vest Emerging Markets 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% |
Frequently Asked Questions
TMAR and NFTY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFTY has higher volatility (4.58%) compared to TMAR (4.53%). In terms of maximum drawdown, TMAR dropped -9.93% vs NFTY's -47.67%.
On 1-year performance, TMAR leads with 28.83% vs -8.48% for NFTY. On fees, NFTY is cheaper at 0.80% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TMAR has performed better with a 28.83% return vs -8.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.95% for TMAR.
NFTY has the higher dividend yield at 1.96%, compared with 0.00% for TMAR.
TMAR is categorized as Defined Outcome, while NFTY is Asia Pacific Equities. TMAR tracks iShares MSCI Emerging Markets ETF (EEM) Price Return, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.95% for TMAR and 0.80% for NFTY.
TMAR currently has the higher Sharpe Ratio (3.06 vs -0.58), 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.
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