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

*Unless otherwise stated, data provided by FactSet.

FMAR Fund Description

FMAR aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral.

FMAR Factset Analytics Insight

FMAR uses options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each March. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on SPY, in exchange for preventing realization of the first 10% its losses, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed.

PERFORMANCE [as of 09/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMAR -5.74% 0.98% -8.69% -5.21% -- -- --
FMAR (NAV) -6.06% 0.72% -8.97% -5.46% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -9.04% 0.32% -21.12% -14.81% 9.86% 10.65% 12.20%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMAR Summary Data

First Trust
FT Cboe Vest
03/19/21
Open-Ended Fund
0.85%
$166.00M
$1.34M
0.16%

FMAR Portfolio Data

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N/A
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FMAR Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FMAR Portfolio Management

0.85%
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FMAR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FMAR Fund Structure

Open-Ended Fund
No
Yes
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N/A
N/A
Low
Daily

FMAR Factset Analytics Block Liquidity

As of 09/23/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FMAR. FMAR is rated a N/A out of 5.

FMAR Tradability

43,001
$1.34M
10,949
$340.66K
0.16%
$0.05
-0.11%
0.37% / -1.00%
None
--
--
--
--
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0
$30.25
N/A

FMAR Sector/Industry Breakdown


FMAR
Segment Benchmark
99.02%
--
0.98%
--

FMAR Top 10 Holdings

99.02%
-0.00%
100.00%

FMAR Performance Statistics

0.91
0.61
0.65
0.67
0.58%
MSCI USA Large Cap Index

FMAR Benchmark Comparison Holdings

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FMAR Benchmark Comparison Summary


FMAR
Segment Benchmark
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FMAR Benchmark Comparison Market Cap Size


FMAR
Segment Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.