XISE vs. DMAR

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) and FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR).

XISE and DMAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XISE is an actively managed fund by FT Vest. It was launched on Sep 14, 2023. DMAR is an actively managed fund by FT Vest. It was launched on Mar 18, 2021.

Performance

XISE vs. DMAR - Performance Comparison

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

XISE vs. DMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	0.08%	6.42%	5.70%	3.09%
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	1.79%	9.13%	12.74%	3.88%

Returns By Period

In the year-to-date period, XISE achieves a 0.08% return, which is significantly lower than DMAR's 1.79% return.

XISE

• 1D: 1.18%
• 1M: -0.61%
• YTD: 0.08%
• 6M: 1.67%
• 1Y: 5.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAR

• 1D: 1.41%
• 1M: 0.84%
• YTD: 1.79%
• 6M: 4.00%
• 1Y: 12.53%
• 3Y*: 11.15%
• 5Y*: 7.05%
• 10Y*: —

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

XISE vs. DMAR - Expense Ratio Comparison

Both XISE and DMAR have an expense ratio of 0.85%.

XISE

FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September

DMAR

FT Cboe Vest U.S. Equity Deep Buffer ETF - March

Return for Risk

XISE vs. DMAR — Risk / Return Rank

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

XISE

XISE Risk / Return Rank: 53
XISE Sharpe Ratio Rank: 42
XISE Sortino Ratio Rank: 44
XISE Omega Ratio Rank: 69
XISE Calmar Ratio Rank: 38
XISE Martin Ratio Rank: 70

DMAR

DMAR Risk / Return Rank: 87
DMAR Sharpe Ratio Rank: 83
DMAR Sortino Ratio Rank: 88
DMAR Omega Ratio Rank: 96
DMAR Calmar Ratio Rank: 76
DMAR Martin Ratio Rank: 93

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.

XISE vs. DMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) and FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR). 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.

	XISE	DMAR	Difference
Sharpe ratio Return per unit of total volatility	0.80	1.66	-0.86
Sortino ratio Return per unit of downside risk	1.27	2.45	-1.18
Omega ratio Gain probability vs. loss probability	1.26	1.51	-0.25
Calmar ratio Return relative to maximum drawdown	1.01	2.08	-1.07
Martin ratio Return relative to average drawdown	7.41	13.69	-6.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XISE vs. DMAR - Sharpe Ratio Comparison

The current XISE Sharpe Ratio is 0.80, which is lower than the DMAR Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of XISE and DMAR, 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

	XISE	DMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	1.66	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	1.03	+0.17

Correlation

The correlation between XISE and DMAR is 0.68, 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

XISE vs. DMAR - Dividend Comparison

XISE's dividend yield for the trailing twelve months is around 5.95%, while DMAR has not paid dividends to shareholders.

	TTM	2025	2024	2023
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	5.95%	5.81%	7.04%	1.20%
DMAR FT Cboe Vest U.S. Equity Deep Buffer ETF - March	0.00%	0.00%	0.00%	0.00%

Drawdowns

XISE vs. DMAR - Drawdown Comparison

The maximum XISE drawdown since its inception was -6.17%, smaller than the maximum DMAR drawdown of -9.84%. Use the drawdown chart below to compare losses from any high point for XISE and DMAR.

Drawdown Indicators

	XISE	DMAR	Difference
Max Drawdown Largest peak-to-trough decline	-6.17%	-9.84%	+3.67%
Max Drawdown (1Y) Largest decline over 1 year	-5.72%	-6.15%	+0.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-9.84%	—
Current Drawdown Current decline from peak	-0.72%	-0.14%	-0.58%
Average Drawdown Average peak-to-trough decline	-0.26%	-1.91%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	0.93%	-0.15%

Volatility

XISE vs. DMAR - Volatility Comparison

FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) and FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR) have volatilities of 1.90% and 1.94%, 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.

Volatility by Period

	XISE	DMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.90%	1.94%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	2.69%	2.71%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	7.30%	7.59%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.06%	7.06%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.06%	7.05%	-1.99%