(GMAR) Exchange-Traded Fund VIII - Overview
Etf: Equity, Buffer, Options, ETF
| Risk 5d forecast | |
|---|---|
| Volatility | 4.21% |
| Relative Tail Risk | 2.05% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.43 |
| Alpha | -1.15 |
| Character TTM | |
|---|---|
| Beta | 0.449 |
| Beta Downside | 0.520 |
| Drawdowns 3y | |
|---|---|
| Max DD | 9.11% |
| CAGR/Max DD | 1.30 |
Description: GMAR Exchange-Traded Fund VIII December 28, 2025
GMAR is a U.S.-based “Defined Outcome” ETF that seeks to deliver a moderate buffer against downside risk by investing almost entirely in FLEX Options linked to the SPDR S&P 500 ETF (SPY). Because the fund’s strategy hinges on option contracts rather than direct equity holdings, it is classified as non-diversified and its performance will track the S&P 500’s price movements within the predefined buffer parameters.
Key metrics as of the latest filing show an expense ratio of 0.45%, assets under management of roughly $150 million, and a buffer target of 12% with a March 2025 termination date. The fund’s return profile is especially sensitive to equity market volatility (VIX) and the Fed’s interest-rate policy, which influence option premiums and the cost of establishing the buffer.
For a deeper quantitative comparison of GMAR’s buffer structure versus similar outcome-based ETFs, ValueRay’s analytics platform provides a useful side-by-side view.
What is the price of GMAR shares?
Over the past week, the price has changed by +0.15%, over one month by +0.44%, over three months by +2.18% and over the past year by +7.97%.
Is GMAR a buy, sell or hold?
What are the forecasts/targets for the GMAR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 44.1 | 6.9% |
GMAR Fundamental Data Overview February 02, 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 = 380.7m USD (380.7m + (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 380.7m)
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 380.7m / 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 = 7.57% (E(380.7m)/V(380.7m) * Re(7.57%) + (debt-free company))
Discount Rate = 7.57% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)