GMAR FT Vest U.S. Equity Moderate Buffer ETF - March
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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FT Vest U.S. Equity Moderate Buffer ETF - March (GMAR) ETF
No description available.
- Exchange
- BATS
- Inception
- 2023-03-17
- Has Options
- No
- Expense ratio
- 0.85% prospectus, filed Mar 23, 2026
- Assets
- $425M issuer-reported, Oct 20, 2026
- Trailing yield
- —
- Average daily volume
- $3.4M 30 sessions
- Holdings
- 5 top 10 are 107.8%
- Listed
- Mar 17, 2023 Cboe BZX
- Net asset value
- $45.45 issuer, Oct 20, 2026
- Reference asset
- SPY period ends Mar 19, 2027 (148 days)
- Cap, full period
- 14.1% before fees
- Buffer, full period
- 15.0% first losses absorbed
- Reference since start
- +19.2% $773.09 on Oct 21, 2026
- Upside left to the cap
- 0.0% for a buyer today
- Drop before the buffer starts
- 16.1% unprotected from here
Moves with. US large-cap stocks (72% of its variance, beta 0.26); Value over growth (4% of its variance, beta -0.02). These factors explain 75% of its daily moves over the last year.
Stated objective. The investment objective of the FT Vest U.S. Equity Moderate Buffer ETF March (the Fund ) is to seek to provide investors with returns (before fees and expenses) that match the price return of the State Street SPDR S&P 500 ETF Trust (the Underlying ETF ), up to a predetermined upside cap of 14.10% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from March 23, 2026 through March 19, 2027. (from the fund's prospectus)
- May 2026
- −$5.5M latest reported month
- Latest 3 months
- +$22M +5.5% of assets
- Latest 12 months
- −$95M −24.0% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$5.5M |
| Apr 2026 | −$946K |
| Mar 2026 | +$28M |
| Feb 2026 | −$34M |
| Jan 2026 | −$5.1M |
| Dec 2025 | −$7.1M |
| Nov 2025 | −$3.0M |
| Oct 2025 | −$25M |
| Sep 2025 | −$10.0M |
| Aug 2025 | −$11M |
| Jul 2025 | −$13M |
| Jun 2025 | −$8.7M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 39 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BUFRFT Vest Laddered Buffer ETF | — | 0.95% | $10.9B | +12.7% | compare |
| BALTInnovator Defined Wealth Shield ETF | — | 0.69% | $3.2B | +6.7% | compare |
| BUFDFT Vest Laddered Deep Buffer ETF | — | 0.95% | $2.2B | +10.4% | compare |
| BUFQFT Vest Laddered Nasdaq Buffer ETF | — | 1.00% | $1.7B | +14.8% | compare |
| FJANFT Vest U.S. Equity Buffer ETF - January | — | 0.85% | $1.5B | +13.4% | compare |
The largest other funds in the Buffer category.
- Authorized participants
- 6 active of 22 with agreements; top 3 did 100%
- Created · redeemed
- $460M · $437M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 25,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | 2027-03-19 State Street® SPDR® S&P 500® ETF Trust C 6.51 | 106.89% | Derivative | — |
| — | 2027-03-19 State Street® SPDR® S&P 500® ETF Trust P 648.59 | 0.88% | Derivative | — |
| — | US Dollar | 0.59% | Cash/Money Market | — |
| — | 2027-03-19 State Street® SPDR® S&P 500® ETF Trust P 551.30 | -0.37% | Derivative | — |
| — | 2027-03-19 State Street® SPDR® S&P 500® ETF Trust C 740.04 | -7.98% | Derivative | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Derivative (equity) | 99.12% | $392.2M | 12 |
| Short-term investment | 0.95% | $3.8M | 1 |
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 0.75% | 1.53% | 0.46% | 0.91% |
| Feb | -- | 0.71% | 0.41% | 0.39% | 0.50% |
| Mar | 1.80% | 1.53% | -1.51% | 0.92% | 0.69% |
| Apr | 0.79% | -1.77% | -0.80% | 3.88% | 0.52% |
| May | 0.36% | 3.18% | 3.02% | 1.48% | 2.01% |
| Jun | 2.60% | 1.88% | 1.92% | 0.06% | 1.61% |
| Jul | 0.84% | 0.64% | 0.85% | 0.65% | 0.74% |
| Aug | 0.11% | 2.34% | 1.38% | 0.81% | 1.16% |
| Sep | -1.62% | 2.25% | 1.21% | 0.60% | 0.61% |
| Oct | -0.67% | 0.28% | 0.42% | 0.29%* | 0.08% |
| Nov | 3.92% | 2.45% | 0.55% | -- | 2.31% |
| Dec | 1.27% | -0.29% | 1.01% | -- | 0.66% |
| Total | 9.69% | 14.76% | 10.38% | 9.90% | 11.18% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: GMAR
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- The stock is trading within a tight range, with no clear trend direction.
- Technical indicators suggest a neutral sentiment, with momentum oscillators in a consolidation phase.
Primary Risks:
- Lack of clear trend direction could lead to indecision and volatility.
- Low volume activity may indicate limited institutional interest.
Investment Thesis: GMAR's recent price action suggests a need for further clarification on the market narrative. While technical indicators are neutral, the absence of news catalysts may hinder further upside momentum.
Recent News Sentiment Impact: No recent news headlines available to assess sentiment impact.
Technical Analysis
Trend Direction: Neutral (Short-term: Consolidation, Medium-term: Uptrend, Long-term: Downtrend)
Support/Resistance Levels:
- SMA 20: $44.98
- SMA 50: $44.66
- SMA 200: $42.72
Momentum Signals:
- RSI (14): 60.62 (neutral)
- MACD: Bullish momentum signal
Volume Analysis: Low volume activity, with On-Balance Volume (OBV) indicating a slight increase in buying pressure.
News & Sentiment Analysis
Recent Headlines Summary: No recent news available to summarize.
Sentiment Assessment: Neutral sentiment due to lack of recent news headlines.
Catalyst Identification: No upcoming earnings or events to identify as catalysts.
Market Narrative: The market narrative is unclear, with no clear trend direction or recent news drivers.
Risk & Volatility Assessment
Beta Interpretation: Low beta (0.27) indicating low risk relative to the broader market.
Volatility Regime: Historical volatility is relatively high, but current volatility is low.
Options Market Signals: No options data available for analysis.
Downside Protection: Support levels are present at SMA 20 and SMA 50.
Market Context & Positioning
Sector Performance: GMAR's sector (Healthcare) has been trending upward in the medium-term.
Institutional Activity: Low institutional activity, with no clear buying or selling pressure.
Correlation Analysis: Correlation to SPY is high (0.87), indicating a strong positive relationship.
Relative Valuation: GMAR is trading near its median value within its historical range.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $44.98
- SMA 50: $44.66
- SMA 200: $42.72
Breakout/Breakdown Levels: No clear levels identified for breakout or breakdown.
Time-Sensitive Catalysts: No upcoming earnings or events to identify as catalysts.
Risk Management: Stop-loss levels should be set at SMA 20, with position sizing considerations based on risk tolerance.
This comprehensive analysis provides an in-depth look at GMAR's technical and fundamental characteristics, highlighting both bullish and bearish cases. The report assesses the stock's market context, positioning, and risk profile to provide a clear understanding of its investment potential.
GMAR Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
GMAR Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
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| # | Filer | Notional Value | % of Total | Period |
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