(DMAR) Exchange-Traded Fund VIII - Overview
Etf: ETF, FLEX, Options, SPDR, SPY
| Risk 5d forecast | |
|---|---|
| Volatility | 3.63% |
| Relative Tail Risk | 0.91% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | -0.92 |
| Character TTM | |
|---|---|
| Beta | 0.421 |
| Beta Downside | 0.475 |
| Drawdowns 3y | |
|---|---|
| Max DD | 9.16% |
| CAGR/Max DD | 1.25 |
Description: DMAR Exchange-Traded Fund VIII December 29, 2025
First Trust FT Cboe Vest U.S. Equity Deep Buffer ETF (DMAR) is a non-diversified, “Defined-Outcome” ETF that allocates essentially all of its capital to FLEX Options tied to the SPDR S&P 500 ETF (SPY). These customized exchange-traded options let the fund set its own strike, style and expiry, creating a deep buffer that limits downside losses while capping upside participation.
Key quantitative points (as of the latest filing) include an expense ratio of 0.70 %, assets under management of roughly $150 million, and a buffer that protects against the first 10 % of SPY declines with a capped upside of about 5 % annualized. The fund’s performance is highly sensitive to S&P 500 volatility (VIX) and to the Fed’s interest-rate stance, because higher volatility inflates option premiums (benefiting the buffer) while a tightening cycle can compress equity valuations and reduce the upside capture.
Given the fund’s reliance on option pricing, a rise in implied volatility above its 12-month historical average (~15 %) would likely improve the buffer’s cost-effectiveness, whereas a prolonged low-volatility environment could erode its value proposition.
For a deeper, data-driven dive into DMAR’s risk-return profile and how it fits into a broader portfolio, consider exploring the analytics on ValueRay.
What is the price of DMAR shares?
Over the past week, the price has changed by +0.18%, over one month by +0.50%, over three months by +2.57% and over the past year by +7.82%.
Is DMAR a buy, sell or hold?
What are the forecasts/targets for the DMAR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 45.8 | 9.2% |
DMAR Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 380.0m USD (380.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 380.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 380.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.47% (E(380.0m)/V(380.0m) * Re(7.47%) + (debt-free company))
Discount Rate = 7.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)