# DMAR (FT Vest U.S. Equity Deep Buffer ETF - March)

First Trust · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, DMAR has reached its cap.

## Key facts

- DMAR, past the cap, price drift left: 4.2%, as of Sep 11, 2026.
- DMAR, fall before the buffer: 12.6%, as of Sep 11, 2026.
- DMAR, protection left, index points: 25.0%, as of Sep 11, 2026.
- DMAR, days to reset: 189, as of Sep 11, 2026.
- DMAR, net assets: $466m (issuer page, as of Sep 11, 2026).
- DMAR, expense ratio: 0.85% (issuer page, Sep 11, 2026).

## DMAR over each window to Sep 11, 2026

| Window | Total return | SPY | Gap to SPY |
| --- | --- | --- | --- |
| 3 months | +2.3% | +3.3% | −1.0 pts |
| 6 months | +8.1% | +16.0% | −7.9 pts |
| 1 year | +12.2% | +17.5% | −5.3 pts |
| 3 years | +39.6% | +77.9% | −38.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 5% to 30% | ETFIQ |
| Outcome period | Mar 23, 2026 to Mar 19, 2027 | ETFIQ |
| Starting cap | +13.1% | ETFIQ |
| SPY return since period start | +17.8% | ETFIQ |
| Fund return since period start | +7.8% | ETFIQ |
| Net assets | $466m | issuer page, as of Sep 11, 2026 |
| Band state today | At cap | ETFIQ |
| Can still gain | 4.2% | issuer, fund price |
| Fall before buffer | 12.6% | issuer, fund price |
| Fall to the buffer in index terms | 19.4% | ETFIQ |
| Protection left in index points | 25.0% of 25.0% | ETFIQ |
| Days left in period | 189 | ETFIQ |
| Expense ratio | 0.85% | issuer page, Sep 11, 2026 |

## Questions

### How much can DMAR still gain?

Nothing more in index terms on Sep 11, 2026. SPY has already passed the cap of +13.1% for this period, which runs from Mar 23, 2026 to Mar 19, 2027.

### How far can DMAR fall before the buffer helps?

12.6% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 19.4% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the DMAR buffer is left?

25.0% of the 25.0% buffer sat below the SPY level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does DMAR reset?

The outcome period ends on Mar 19, 2027, 189 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does DMAR cost?

The prospectus expense ratio is 0.85% a year.


## Cite this page

ETFIQ, DMAR, data as of Sep 11, 2026. https://etfiq.com/funds/dmar
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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