GMAR vs SDS

Comparison between FT VEST U.S. EQUITY MODERATE BUFFER ETF - MARCH (GMAR, ETF) and ProShares UltraShort S&P500 -2x Shares (SDS, ETF).

GMAR vs SDS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMAR(ETF)	SDS(ETF)
Net Assets	$398M	$398M
Expense Ratio	0.85%	N/A
Max Drawdown	9.11%	99.89%
Sharpe Ratio	2.29	-1.27
5Y Beta	0.42	-1.92
5Y Dividends CAGR	N/A	22.27%

Net Assets

Winner

GMAR

$398M

SDS

$398M

Expense Ratio

GMAR

0.85%

SDS

N/A

Max Drawdown

Winner

GMAR

9.11%

SDS

99.89%

Sharpe Ratio

Winner

GMAR

2.29

SDS

-1.27

5Y Beta

GMAR

0.42

Winner

SDS

-1.92

5Y Dividends CAGR

GMAR

N/A

SDS

22.27%

GMAR vs SDS - Historical Returns

Returns include dividend reinvestment.

Period	GMAR	SDS
1 month	+0.73%	-0.50%
3 months	+2.80%	-10.66%
6 months	+8.21%	-15.07%
1 year	+13.17%	-26.57%
5 years(CAGR)	N/A	-20.67%
10 years(CAGR)	N/A	-27.05%
Max(CAGR)	+12.66%	-25.06%

Winner

GMAR

+0.73%

SDS

-0.50%

Winner

GMAR

+2.80%

SDS

-10.66%

Winner

GMAR

+8.21%

SDS

-15.07%

Winner

GMAR

+13.17%

SDS

-26.57%

5Y(CAGR)

GMAR

N/A

SDS

-20.67%

10Y(CAGR)

GMAR

N/A

SDS

-27.05%

Max(CAGR)

Winner

GMAR

+12.66%

SDS

-25.06%

GMAR vs SDS - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	GMAR	SDS
2026	+8.47%	-15.42%
2025	+9.38%	-27.18%
2024	+12.26%	-30.24%
2023	+11.95%	-32.17%
2022	N/A	+32.17%
2021	N/A	-44.54%
2020	N/A	-48.99%
2019	N/A	-41.12%
2018	N/A	+7.54%
2017	N/A	-30.97%
2016	N/A	-26.29%
2015	N/A	-9.61%
2014	N/A	-27.06%
2013	N/A	-42.30%
2012	N/A	-27.66%
2011	N/A	-17.21%
2010	N/A	-29.93%
2009	N/A	-47.35%
2008	N/A	+57.43%
2007	N/A	-4.12%
2006	N/A	-19.87%

GMAR vs SDS Drawdown Comparison

The maximum drawdown for GMAR was -9.11%, occurring on Apr 8, 2025. Recovery took 75 trading sessions.

The maximum drawdown for SDS was -99.85%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current GMAR drawdown is -0.16%. The current SDS drawdown is -99.85%.

Rank	GMAR	SDS
#1	-9.11% Feb 14, 2025 - Jun 4, 2025	-99.85% Mar 9, 2009 - Jun 2, 2026
#2	-4.11% Jul 16, 2024 - Aug 19, 2024	-41.04% Nov 20, 2008 - Mar 5, 2009
#3	-3.66% Sep 14, 2023 - Nov 10, 2023	-33.06% Jul 17, 2006 - Jul 11, 2008
#4	-2.82% Apr 9, 2024 - May 10, 2024	-31.02% Oct 27, 2008 - Nov 20, 2008
#5	-2.11% Aug 30, 2024 - Sep 17, 2024	-22.44% Oct 10, 2008 - Oct 27, 2008
#6	-1.79% Mar 25, 2026 - Apr 1, 2026	-14.92% Jul 15, 2008 - Sep 17, 2008
#7	-1.28% Aug 1, 2023 - Aug 30, 2023	-13.57% Sep 17, 2008 - Sep 29, 2008
#8	-1.20% Dec 11, 2024 - Dec 24, 2024	-8.50% Sep 29, 2008 - Oct 3, 2008
#9	-1.19% May 1, 2023 - May 18, 2023	-0.43% Mar 5, 2009 - Mar 9, 2009
#10	-1.14% Jun 4, 2026 - Jun 15, 2026	N/A
#11	-1.12% Nov 12, 2025 - Nov 26, 2025	N/A
#12	-1.04% May 18, 2023 - Jun 1, 2023	N/A
#13	-0.98% Dec 24, 2024 - Jan 16, 2025	N/A
#14	-0.96% Mar 28, 2024 - Apr 9, 2024	N/A
#15	-0.88% Oct 22, 2024 - Nov 6, 2024	N/A

Correlation

Correlation between GMAR and SDS is -0.97 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.97

-101