DV
Dividend Vision

GMAR — First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - March

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - March (GMAR)

GMAR pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 50.8% over the past 3.4 years, 54.6 points behind SPY at 105.4%. Its deepest 1-year drawdown was 1.8%.

First Trust's moderate buffer ETF pursues a defined outcome strategy tied to a one-year measurement period ending in March, providing downside protection up to a specified buffer level while capping upside potential. The fund holds a diversified U.S. equity portfolio designed to deliver these structured returns, with an 0.85% expense ratio and no current dividend distribution yield. This ETF appeals primarily to investors seeking capital preservation with limited downside exposure rather than traditional income generation, making it suited for those prioritizing risk management over yield.

GMAR key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
03/17/2023
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$44.98
AUM
$395,443,009
Average volume
8100.0
Beta
0.36
P/E ratio
26.4186