XIMR vs. FFEB

Last updated Jun 5, 2026

XIMR (FT Vest U.S. Equity Buffer & Premium Income ETF - March) and FFEB (FT Vest U.S. Equity Buffer ETF - February) are both exchange-traded funds - XIMR is a Options Trading fund actively managed by FT Vest, while FFEB is a Defined Outcome fund actively managed by FT Vest. Both are actively managed. Over the past year, XIMR returned 8.62% vs 19.76% for FFEB. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.85% expense ratio.

Performance

XIMR vs. FFEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR) and FT Vest U.S. Equity Buffer ETF - February (FFEB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XIMR achieves a 4.33% return, which is significantly lower than FFEB's 7.92% return.

XIMR

• 1D: 0.08%
• 1M: 0.77%
• YTD: 4.33%
• 6M: 4.88%
• 1Y: 8.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFEB

• 1D: 0.25%
• 1M: 2.28%
• YTD: 7.92%
• 6M: 8.70%
• 1Y: 19.76%
• 3Y*: 16.52%
• 5Y*: 11.14%
• 10Y*: —

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

XIMR vs. FFEB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XIMR FT Vest U.S. Equity Buffer & Premium Income ETF - March	4.33%	6.80%	5.39%
FFEB FT Vest U.S. Equity Buffer ETF - February	7.92%	13.76%	10.90%

Correlation

The correlation between XIMR and FFEB is 0.67, 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	0.67
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024	0.68

The correlation between XIMR and FFEB has been stable across timeframes, ranging from 0.67 to 0.68 - a consistent structural relationship.

Return for Risk

XIMR vs. FFEB — Risk / Return Rank

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

XIMR

XIMR Risk / Return Rank: 97
XIMR Sharpe Ratio Rank: 96
XIMR Sortino Ratio Rank: 98
XIMR Omega Ratio Rank: 98
XIMR Calmar Ratio Rank: 95
XIMR Martin Ratio Rank: 98

FFEB

FFEB Risk / Return Rank: 84
FFEB Sharpe Ratio Rank: 86
FFEB Sortino Ratio Rank: 89
FFEB Omega Ratio Rank: 89
FFEB Calmar Ratio Rank: 71
FFEB Martin Ratio Rank: 87

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.

XIMR vs. FFEB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR) and FT Vest U.S. Equity Buffer ETF - February (FFEB). 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.

	XIMR	FFEB	Difference
Sharpe ratio: Return per unit of total volatility	4.29	2.79	+1.50
Sortino ratio: Return per unit of downside risk	8.42	4.02	+4.40
Omega ratio: Gain probability vs. loss probability	2.41	1.56	+0.85
Calmar ratio: Return relative to maximum drawdown	7.99	3.47	+4.52
Martin ratio: Return relative to average drawdown	68.73	18.43	+50.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XIMR vs. FFEB - Sharpe Ratio Comparison

The current XIMR Sharpe Ratio is 4.29, which is higher than the FFEB Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of XIMR and FFEB, 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

	XIMR	FFEB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.29	2.79	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	0.87	+0.87

Drawdowns

XIMR vs. FFEB - Drawdown Comparison

The maximum XIMR drawdown since its inception was -5.12%, smaller than the maximum FFEB drawdown of -22.81%. Use the drawdown chart below to compare losses from any high point for XIMR and FFEB.

Drawdown Indicators

	XIMR	FFEB	Difference
Max Drawdown Largest peak-to-trough decline	-5.12%	-22.81%	+17.69%
Max Drawdown (1Y) Largest decline over 1 year	-1.08%	-5.73%	+4.65%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.85%	—
Current Drawdown Current decline from peak	-0.04%	-0.05%	+0.01%
Average Drawdown Average peak-to-trough decline	-0.17%	-2.40%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.13%	1.08%	-0.95%

Volatility

XIMR vs. FFEB - Volatility Comparison

The current volatility for FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR) is 0.31%, while FT Vest U.S. Equity Buffer ETF - February (FFEB) has a volatility of 1.21%. This indicates that XIMR experiences smaller price fluctuations and is considered to be less risky than FFEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XIMR	FFEB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	1.21%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	1.63%	5.57%	-3.94%
Volatility (1Y) Calculated over the trailing 1-year period	2.02%	7.12%	-5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.36%	10.80%	-6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.36%	13.74%	-9.38%

XIMR vs. FFEB - Expense Ratio Comparison

Both XIMR and FFEB have an expense ratio of 0.85%.

Dividends

XIMR vs. FFEB - Dividend Comparison

XIMR's dividend yield for the trailing twelve months is around 6.42%, while FFEB has not paid dividends to shareholders.

Position	TTM	2025	2024
FFEB FT Vest U.S. Equity Buffer ETF - February	0.00%	0.00%	0.00%
XIMR FT Vest U.S. Equity Buffer & Premium Income ETF - March	6.42%	6.41%	4.44%

Frequently Asked Questions

Can I hold both XIMR and FFEB in my portfolio?

XIMR and FFEB have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XIMR or FFEB?

FFEB has higher volatility (1.21%) compared to XIMR (0.31%). In terms of maximum drawdown, XIMR dropped -5.12% vs FFEB's -22.81%.

Which ETF is better, XIMR or FFEB?

On 1-year performance, FFEB leads with 19.76% vs 8.62% for XIMR. Both ETFs have the same 0.85% expense ratio. On volatility, XIMR has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XIMR or FFEB?

Over the 1-year period, FFEB has performed better with a 19.76% return vs 8.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XIMR or FFEB?

XIMR and FFEB have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, XIMR or FFEB?

XIMR has the higher dividend yield at 6.42%, compared with 0.00% for FFEB.

What is the main difference between XIMR and FFEB?

XIMR is categorized as Options Trading, while FFEB is Defined Outcome.

Which has better risk-adjusted returns?

XIMR currently has the higher Sharpe Ratio (4.29 vs 2.79), 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.