# FT Vest U.S. Equity Max Buffer ETF - March (MARM): ETF Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/marm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: First Trust · Asset class: Multi-Asset
- Strategy: Buffered · Inception: 2024-03-26

The FT Vest U.S. Equity Max Buffer ETF - March, referred to as "the Fund," is engineered to deliver investment outcomes mirroring the price performance of the SPDR S&P 500 ETF (its underlying benchmark). This is achieved by aiming to capture gains up to a predefined maximum limit, while simultaneously striving to offer the most extensive protection against declines in the underlying ETF's value. These objectives apply over an approximate one-year investment cycle, termed the "Target Outcome Period." Specifically, for the period spanning March 24, 2025, to March 20, 2026, the Fund endeavors...

## Key Facts

| Metric | Value |
|---|---|
| Price | $34.67 |
| Expense Ratio | 0.85% |
| Assets Under Management | $106.6M |
| NAV | $34.66 |
| Holdings Count | 4 |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | — |
| 52-Week Range | $32.62 – $34.98 |
| Beta | 0.12 |

## Frequently Asked Questions

### What does MARM invest in?

The FT Vest U.S. Equity Max Buffer ETF - March, referred to as "the Fund," is engineered to deliver investment outcomes mirroring the price performance of the SPDR S&P 500 ETF (its underlying benchmark). This is achieved by aiming to capture gains up to a predefined maximum limit, while simultaneously striving to offer the most extensive protection against declines in the underlying ETF's value. These objectives apply over an approximate one-year investment cycle, termed the "Target Outcome Period." Specifically, for the period spanning March 24, 2025, to March 20, 2026, the Fund endeavors to fully insulate investors against 100% of any losses incurred by the underlying ETF, with gross gains capped at 7.18%. However, once the Fund's operational fees and expenses are deducted, the effective cap on gains adjusts to 6.33%, and the downside protection is 99.15% of the underlying ETF's losses.

### What is the expense ratio of MARM?

FT Vest U.S. Equity Max Buffer ETF - March (MARM) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is MARM?

FT Vest U.S. Equity Max Buffer ETF - March (MARM) manages $106.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is MARM actively managed or an index fund?

MARM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was MARM launched?

FT Vest U.S. Equity Max Buffer ETF - March (MARM) launched in March 2024 and is managed by First Trust.

### How has MARM performed?

MARM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does MARM pay a dividend?

FT Vest U.S. Equity Max Buffer ETF - March (MARM) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does MARM pay dividends?

FT Vest U.S. Equity Max Buffer ETF - March pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is MARM's dividend yield?

MARM's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is MARM's next ex-dividend date?

MARM hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page.

### How much will MARM's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does MARM charge its expense ratio?

The expense ratio is deducted in tiny daily slices from MARM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does MARM cost more than a fund like VOO?

MARM's strategy (current expense ratio 0.85%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MARM sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to MARM?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MARM (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/marm
- Distribution history: https://www.dividenddata.com/funds/marm/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/marm/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/marm/expenses
- Peer comparison: https://www.dividenddata.com/funds/marm/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.