FT Cboe Vest U.S. Equity Buffer ETF - March (FMAR) Performance
FMAR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.1% since Dec 31, 2025
- 1 year
- +15.2% total return
- 5 years
- +10.5% a year
- Since first price
- +11.1% a year since 2021
FMAR trailing returns vs SPY, QQQ, AGG
| Period | FMAR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | +0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | +2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.4% | +5.4% | +7.8% | +8.4% | −1.5% |
| YTD | +13.1% | +13.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.2% | +15.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +54.0%+15.5%/yr | +54.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +64.6%+10.5%/yr | +64.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 22, 2021 | +80.2%+11.1%/yr | +80.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FMAR vs SPY
From Mar 22, 2021: FMAR grew to $18,017, SPY to $20,831.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FMAR returns by calendar year
3 of 4 full years positive. Best 2023 (+20.4%), worst 2022 (−5.5%). 2026 is year to date.
FMAR annual returns table
| Year | FMAR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.1% | −2.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.7% | −12.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.6% | −5.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.4% | −5.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.5% | −14.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FMAR largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 29, 2022 | −14.4% | Oct 12, 2022 | May 26, 2023 | 6 months | 1.2 years |
| Feb 19, 2025 | −12.4% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FMAR risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +15.0% | +11.0% | +11.1% |
| Volatility (annualized) | 6.7% | 9.3% | 9.0% |
| Sharpe ratio | 1.49 | 0.80 | 0.86 |
| Sortino ratio | 3.03 | 1.26 | 1.38 |
| Best month | +6.3% | +6.5% | +6.5% |
| Worst month | −4.1% | −6.1% | −6.1% |
| Best 12 months | +22.2% | +22.2% | +22.2% |
| Worst 12 months | +7.5% | −7.6% | −7.6% |
| Positive months | 78% | 68% | 70% |
| Beta vs S&P 500 | 0.49 | 0.56 | — |
| Correlation with S&P 500 | 0.90 | 0.94 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FMAR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 56 | −7.6% | +12.6% | +22.2% | 86% |
| 3-year (a year) | 32 | +7.3% | +12.6% | +16.5% | 100% |
| 5-year (a year) | 8 | +10.0% | +10.6% | +11.0% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
FMAR performance overview
FT Cboe Vest U.S. Equity Buffer ETF - March (FMAR) returned +15.2% over the past year and +10.5% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +11.1% a year, turning $10,000 into about $18,017. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.4%, from Mar 29, 2022 to Oct 12, 2022, and it took 7 months to get back to the old high. FMAR finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+20.4%) and the worst 2022 (−5.5%). Volatility has been 9.0% a year.
Related: FMAR chart. See the FMAR overview for the latest quote and fund facts.
FMAR performance FAQ
What is the FMAR return over the past year?
FMAR returned +15.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.2%.
What is the average annual return of FMAR?
FMAR has returned +10.5% a year over 5 years, +11.1% a year since March 22, 2021 (total return, distributions reinvested).
How much would $10,000 invested in FMAR be worth?
$10,000 invested in FMAR at its first recorded close on March 22, 2021 would be worth about $18,017 on October 23, 2026 with distributions reinvested.
What was the worst year for FMAR?
The worst calendar year was 2022, with a total return of −5.5%. The best was 2023 at +20.4%.
What is the biggest drawdown of FMAR?
The largest peak-to-trough decline was −14.4% between March 29, 2022 and October 12, 2022. It recovered to the old high on May 26, 2023, 7 months after the bottom.
How volatile is FMAR?
Over the past 3 years FMAR had an annualized volatility of 6.7% and a Sharpe ratio of 1.49 (excess return over 1–3 month T-bills per unit of risk).