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APRT vs DMAR: Cap, Buffer & Days Left

As of Oct 13, 2026 DMAR can fall 13.4% before its buffer engages and APRT 11.1%, and DMAR resets 12 days sooner. Net assets on Oct 12, 2026: $47m for AllianzIM U.S. Equity Buffer10 ETF - Apr and $466m for FT Vest U.S. Equity Deep Buffer ETF - March.

APRT costs 0.11 points a year less; their one-year returns differ by 4.0 points; DMAR is 9.8 times larger.

Points (pts) are percentage points.

APRT vs DMAR: Cap, Buffer & Days Left
APRTDMAR
Expense ratio0.74%0.85%
Net assets, as of Oct 12, 2026$47m$466m
Total return, 1 year+17.3%+13.3%
What it tracksSPYSPY
Holdings in commonnot published
Index fall to the buffer16.3%20.7%
11.1%
APRT can fall this far before its buffer
13.4%
DMAR can fall this far before its buffer
4.5%
APRT can still gain
3.3%
DMAR can still gain
APRTAt its cap
At its capAPRT: reference +19.5% since period start, fund +11.5%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 13, 2026.10 pts of buffer+17.3% gain captured−10.0% floor0% period start+17.3% capTODAY · SPY +19.5%At its capAPRT: reference +19.5% since period start, fund +11.5%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 13, 2026.+17.3%−10.0% floor0% start+17.3% cap10 pts of bufferTODAY · SPY +19.5%

APRT: reference +19.5% since period start, fund +11.5%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 13, 2026.

APRT: reference +19.5% since period start, fund +11.5%; buffer 0 to −10; cap +17.3%; At its cap. Figures to Oct 13, 2026.

DMARAt its cap
At its capDMAR: reference +19.8% since period start, fund +8.7%; buffer −5 to −30; cap +13.1%; At its cap. Figures to Oct 13, 2026.25 pts of buffer+13.1% gain captured−30.0% floor−5.0% buffer start0% period start+13.1% capfirst 5 pts are yours to loseTODAY · SPY +19.8%At its capDMAR: reference +19.8% since period start, fund +8.7%; buffer −5 to −30; cap +13.1%; At its cap. Figures to Oct 13, 2026.25 pts of buffer+13.1%−30.0% floor−5.0% buffer start0% start+13.1% capfirst 5 pts are yours to loseTODAY · SPY +19.8%

DMAR: reference +19.8% since period start, fund +8.7%; buffer −5 to −30; cap +13.1%; At its cap. Figures to Oct 13, 2026.

DMAR: reference +19.8% since period start, fund +8.7%; buffer −5 to −30; cap +13.1%; At its cap. Figures to Oct 13, 2026.

ETFIQ Downside Cover Score · APRT scores higherIf the market falls into a bear market from here, how much does the buffer absorb?
0.2, the lowest in this set99.8, the highest

A percentile among the 292 buffer ETFs on stocks with a live outcome period. Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it → How it is computed →

Both are already at their cap, so neither gains from more rise in the index before the period ends.

Where each one stands today

DMAR resets first, on Mar 19, 2027, 157 days from now; APRT runs to Mar 31, 2027, 169 days. APRT can still gain 4.5% before its cap, DMAR 3.3%. A fall from here reaches APRT’s buffer after 11.1% and DMAR’s after 13.4%. Both track SPY, so what separates them is where each is in its own period.

Performance, window by window

Performance, window by window: APRT vs DMAR: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowAPRTDMARAPRTDMAR
3 months+3.1%+2.5%−0.7 pts−1.4 pts
6 months+7.8%+5.8%−5.6 pts−7.6 pts
1 year+17.3%+13.3%−1.8 pts−5.8 pts
3 years+52.9%+42.1%−27.4 pts−38.2 pts
Since launch
Not the same days: APRT Jun 2020 · DMAR Mar 2021
+97.4%+54.2%−57.2 pts−44.0 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Source: ETFIQ. Open this comparison in the app →

On the same fields

APRT
AllianzIM U.S. Equity Buffer10 ETF - Apr · Absorbs the first 10% of loss on SPY and caps the gain at 17.3%, over a period ending Mar 31, 2027
DMAR
FT Vest U.S. Equity Deep Buffer ETF - March · Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 13.1%, over a period ending Mar 19, 2027
Issuer AllianzIM First Trust
Reference index SPY SPY
Buffer 10% 5% to 30%
Outcome period Apr 1, 2026 to Mar 31, 2027 Mar 23, 2026 to Mar 19, 2027
Days left 169 157
Starting cap +17.3% +13.1%
Can still gain 4.5% 3.3%
Fall before buffer 11.1% 13.4%
Protection left, index points 10.0% of 10.0% 25.0% of 25.0%
Index return this period +19.5% +19.8%
Fund return this period +11.5% +8.7%
State today At cap At cap
Expense ratio 0.74% 0.85%
Net assets, as of Oct 12, 2026 $47m $466m

As of Oct 13, 2026. Source: ETFIQ.

About APRT

SPY had already risen past this fund's cap of +17.3% for the period on Oct 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.5% as the period runs out. The fund's price can fall 11.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 16.3% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 169 days remained on Oct 13, 2026. On Mar 31, 2027 the period ends and a new cap is set.

About DMAR

SPY had already risen past this fund's cap of +13.1% for the period on Oct 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 3.3% as the period runs out. The fund's price can fall 13.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 20.7% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 157 days remained on Oct 13, 2026. On Mar 19, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, APRT or DMAR?
From their prices on Oct 13, 2026, APRT can gain about 4.5% before its cap and DMAR about 3.3%, so APRT has more room left this period.
Which resets first, APRT or DMAR?
APRT ends its outcome period on Mar 31, 2027 and DMAR on Mar 19, 2027. A new cap is set the day after each.
Which is cheaper, APRT or DMAR?
APRT charges 0.74% a year and DMAR charges 0.85%, so APRT is cheaper. Fees come from each fund's prospectus.
Other comparisons
APRT vs GMARAPRT vs BAPRAPRT vs PAPRAPRT vs APRWDMAR vs SIXODMAR vs UAPRDMAR vs FLAODMAR vs BAPR
SPDR® S&P 500® ETF Trust →APRT on its own →DMAR on its own →How every figure is computed →Standards and sources →
Where these figures came from
APRT filings on SEC EDGAR ↗AllianzIM page for APRT ↗DMAR filings on SEC EDGAR ↗First Trust page for DMAR ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every figure from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, APRT against DMAR, data as of Oct 13, 2026. https://etfiq.com/compare/buffer/aprt-vs-dmar

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.