Which has more room to gain, EAPR or TMAR?

From their prices on Oct 1, 2026, EAPR can gain about 10.8% before its cap and TMAR about 11.8%, so TMAR has more room left this period.

Which resets first, EAPR or TMAR?

EAPR ends its outcome period on Mar 31, 2027 and TMAR on Mar 19, 2027. A new cap is set the day after each.

Which is cheaper, EAPR or TMAR?

EAPR charges 0.89% a year and TMAR charges 0.95%, so EAPR is cheaper. Fees come from each fund's prospectus.

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EAPR vs TMAR: which one stands where?

As of Oct 1, 2026 TMAR can fall 13.9% before its buffer engages and EAPR 10.9%, and TMAR resets 12 days sooner. Innovator Emerging Markets Power Buffer ETF - Apr and FT Vest Emerging Markets Buffer ETF - March.

10.9%

EAPR can fall this far before its buffer

13.9%

TMAR can fall this far before its buffer

10.8%

EAPR can still gain

11.8%

TMAR can still gain

EAPRBetween buffer and cap

EAPR: reference +17.6% since period start, fund +11.6%; buffer 0 to −15; cap +24.2%; Between buffer and cap.

TMARBetween buffer and cap

TMAR: reference +20.0% since period start, fund +15.0%; buffer 0 to −10; cap +29.6%; Between buffer and cap.

ETFIQ Downside Cover Score · EAPR scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

EAPR 18.8

TMAR 3.2

0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

TMAR resets first, on Mar 19, 2027, 170 days from now; EAPR runs to Mar 31, 2027, 182 days. EAPR can still gain 10.8% before its cap, TMAR 11.8%. A fall from here reaches EAPR’s buffer after 10.9% and TMAR’s after 13.9%. Both track EEM, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	EAPR	TMAR	EAPR	TMAR
3 months	+4.0%	+4.3%	+3.5 pts	+3.8 pts
6 months	+11.0%	+12.6%	−6.3 pts	−4.7 pts
1 year	+15.9%	+20.2%	−11.6 pts	−7.3 pts
3 years	+40.5%	not published	−48.5 pts	not published

EAPR and TMAR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

EAPR

Innovator Emerging Markets Power Buffer ETF - Apr · Absorbs the first 15% of loss on EEM and caps the gain at 24.2%, over a period ending Mar 31, 2027

TMAR

FT Vest Emerging Markets Buffer ETF - March · Absorbs the first 10% of loss on EEM and caps the gain at 29.6%, over a period ending Mar 19, 2027

Issuer Innovator First Trust

Reference index EEM EEM

Buffer 15% 10%

Outcome period Mar 31, 2026 to Mar 31, 2027 Mar 23, 2026 to Mar 19, 2027

Days left 182 170

Starting cap +24.2% +29.6%

Can still gain 10.8% 11.8%

Fall before buffer 10.9% 13.9%

Protection left, index points 15.0% of 15.0% 10.0% of 10.0%

Index return this period +17.6% +20.0%

Fund return this period +11.6% +15.0%

State today Open Open

Expense ratio 0.89% 0.95%

Net assets $97m $16m

EAPR and TMAR on the same fields, as of Oct 1, 2026. Source: ETFIQ.

EAPR in plain words

From its price on Oct 1, 2026, the fund can gain about 10.8% more before it reaches its cap. The fund's price can fall 10.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EEM can fall 15.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EEM level. 182 days remained on Oct 1, 2026. On Mar 31, 2027 the period ends and a new cap is set.

TMAR in plain words

From its price on Oct 1, 2026, the fund can gain about 11.8% more before it reaches its cap. The fund's price can fall 13.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EEM can fall 16.7% 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 EEM level. 170 days remained on Oct 1, 2026. On Mar 19, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, EAPR or TMAR?: From their prices on Oct 1, 2026, EAPR can gain about 10.8% before its cap and TMAR about 11.8%, so TMAR has more room left this period.
Which resets first, EAPR or TMAR?: EAPR ends its outcome period on Mar 31, 2027 and TMAR on Mar 19, 2027. A new cap is set the day after each.
Which is cheaper, EAPR or TMAR?: EAPR charges 0.89% a year and TMAR charges 0.95%, so EAPR is cheaper. Fees come from each fund's prospectus.

Other comparisons

EEM →EAPR on its own →TMAR on its own →How every figure is computed →Standards and sources →

Where these figures came from

EAPR filings on SEC EDGAR ↗Innovator page for EAPR ↗TMAR filings on SEC EDGAR ↗First Trust page for TMAR ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, EAPR against TMAR, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/eapr-vs-tmar

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.