USMV vs. QMAR
Compare and contrast key facts about iShares MSCI USA Minimum Volatility Factor ETF (USMV) and FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR).
USMV and QMAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011. QMAR is an actively managed fund by First Trust. It was launched on Mar 19, 2021.
Performance
USMV vs. QMAR - Performance Comparison
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USMV vs. QMAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
USMV iShares MSCI USA Minimum Volatility Factor ETF | -1.18% | 7.65% | 15.74% | 10.33% | -9.43% | 19.95% |
QMAR FT Cboe Vest Nasdaq-100 Buffer ETF - March | 2.45% | 10.89% | 16.11% | 35.47% | -16.56% | 12.31% |
Returns By Period
In the year-to-date period, USMV achieves a -1.18% return, which is significantly lower than QMAR's 2.45% return.
USMV
- 1D
- -0.08%
- 1M
- -4.74%
- YTD
- -1.18%
- 6M
- -1.61%
- 1Y
- 0.57%
- 3Y*
- 10.26%
- 5Y*
- 7.59%
- 10Y*
- 9.64%
QMAR
- 1D
- 0.57%
- 1M
- 1.34%
- YTD
- 2.45%
- 6M
- 4.74%
- 1Y
- 19.05%
- 3Y*
- 15.09%
- 5Y*
- 10.57%
- 10Y*
- —
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USMV vs. QMAR - Expense Ratio Comparison
USMV has a 0.15% expense ratio, which is lower than QMAR's 0.90% expense ratio.
Return for Risk
USMV vs. QMAR — Risk / Return Rank
USMV
QMAR
USMV vs. QMAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Minimum Volatility Factor ETF (USMV) 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.
| USMV | QMAR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 1.44 | -1.40 |
Sortino ratioReturn per unit of downside risk | 0.15 | 2.29 | -2.14 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.47 | -0.45 |
Calmar ratioReturn relative to maximum drawdown | 0.06 | 2.11 | -2.06 |
Martin ratioReturn relative to average drawdown | 0.25 | 14.64 | -14.39 |
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
| USMV | QMAR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 1.44 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.76 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.77 | +0.08 |
Correlation
The correlation between USMV and QMAR is 0.62, 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
USMV vs. QMAR - Dividend Comparison
USMV's dividend yield for the trailing twelve months is around 1.59%, while QMAR has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMV iShares MSCI USA Minimum Volatility Factor ETF | 1.59% | 1.49% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% |
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% |
Drawdowns
USMV vs. QMAR - Drawdown Comparison
The maximum USMV drawdown since its inception was -33.10%, which is greater than QMAR's maximum drawdown of -19.83%. Use the drawdown chart below to compare losses from any high point for USMV and QMAR.
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Drawdown Indicators
| USMV | QMAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.10% | -19.83% | -13.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.91% | -9.23% | +0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -17.93% | -19.83% | +1.90% |
Max Drawdown (10Y)Largest decline over 10 years | -33.10% | — | — |
Current DrawdownCurrent decline from peak | -4.87% | -0.32% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -2.88% | -3.39% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 1.33% | +0.70% |
Volatility
USMV vs. QMAR - Volatility Comparison
The current volatility for iShares MSCI USA Minimum Volatility Factor ETF (USMV) is 3.02%, while FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) has a volatility of 3.53%. This indicates that USMV experiences smaller price fluctuations and is considered to be less risky than QMAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USMV | QMAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.02% | 3.53% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.07% | 4.65% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 13.26% | -0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.38% | 14.04% | -1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 14.02% | +0.49% |