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FT Cboe Vest Growth-100 Buffer ETF - March

QMAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 19 2021
Expense Ratio
0.90%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$754,030
AUM
$189,916,048
Associated Index
Invesco QQQ Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
2024-03-15 Invesco QQQ Trust Series 1 C 3.05
103.67%
n/a
2024-03-15 Invesco QQQ Trust Series 1 P 305.36
1.44%
n/a
US Dollar
0.65%
n/a
2024-03-15 Invesco QQQ Trust Series 1 P 274.82
-0.70%
n/a
2024-03-15 Invesco QQQ Trust Series 1 C 373
-5.07%
Invest with QMAR

What is QMAR?

The investment objective of the FT Cboe Vest Growth-100 Buffer ETF - March (the "Fund") is to seek to provide investors with returns that match the price return of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 15.51% (before fees and expenses) and 14.61% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from March 22, 2021 to March 18, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF").

ETFs related toQMAR

ETFs correlated to QMAR include BUFQ, QSPT, VUG

QMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - March
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
QSPT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - September
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
NJUL
Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - July
QJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - June
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
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Risk Rating

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Create your own algorithmic trading strategy with QMAR using Composer

FAQ

QMAR is a US Equities ETF. The investment objective of the FT Cboe Vest Growth-100 Buffer ETF - March (the "Fund") is to seek to provide investors with returns that match the price return of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 15.51% (before fees and expenses) and 14.61% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from March 22, 2021 to March 18, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF").

QMAR tracks the Invesco QQQ Trust.

No, QMAR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QMAR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QMAR is 0.0058%. This is the percent change in the value of QMAR over the most recent 1-month period. The 3-month return on QMAR is 0.0171%. This is the percent change in the value of QMAR over the most recent 3-month period.

The standard deviation of QMAR for the past year is 0.1608%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QMAR include QTAP, QTOC, and XDQQ.

ETFs correlated to QMAR include BUFQ, QSPT, and VUG.

ETFs that are inversely correlated to QMAR include QID, SQQQ, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.