DNOV vs DOCT
FT Vest US Equity Deep Buffer ETF - November vs FT Vest US Equity Deep Buffer ETF - October
Which is better, DNOV or DOCT?
Each has led over a different period.
DNOV led over 1Y, 3Y and 5Y, DOCT over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DNOV | DOCT |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $400M | $402M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +8.34% | +8.89%Best |
| 1Y Return | +13.12%Best | +11.21% |
| 3Y Return (annualized) | +13.48%Best | +10.88% |
| 5Y Return (annualized) | +8.63%Best | +8.29% |
| Volatility (annualized) | 7.2%Best | 49.6% |
| Max Drawdown | -10.0% | -9.9%Best |
| $10,000 over 5 years | $15,127Best | $14,892 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Nov 18, 2019 | Oct 16, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 17, 2020 to Oct 14, 2026 (6.2 years).
DNOV vs DOCT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.2 years both funds cover.
DNOV vs DOCT Performance
FT Vest US Equity Deep Buffer ETF - November (DNOV) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Deep Buffer ETF - October (DOCT) is an ETF from First Trust Portfolios (US). Over the past year DNOV returned +13.12% while DOCT returned +11.21%. Year to date, DNOV is up 8.34% versus a gain of 8.89% for DOCT.
Over three years, DNOV compounded at +13.48% per year against +10.88% for DOCT; over five years the annualized figures are +8.63% and +8.29% respectively. Across the full 6-year window we track, DOCT has the edge at +24.37% annualized vs +8.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DOCT has been the more volatile fund, with annualized monthly volatility of 49.6% compared with 7.2% for DNOV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -10.0% for DNOV and -9.9% for DOCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
DNOV charges 0.85% per year while DOCT charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, DNOV currently yields 0.00% against 0.00% for DOCT.
You are not choosing between two funds in isolation.
Whichever of DNOV and DOCT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DNOV or DOCT?
DNOV has an expense ratio of 0.85% while DOCT charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, DNOV or DOCT?
Over the past year DNOV returned +13.12% vs +11.21% for DOCT, so DNOV leads on 1-year performance. Over the longest common window we track (6 years), DNOV annualized +8.59% vs +24.37% for DOCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DNOV or DOCT?
DOCT has been the more volatile fund at 49.6% annualized versus 7.2% for DNOV. Worst drawdown: DNOV -10.0% vs DOCT -9.9%.
Should I hold both DNOV and DOCT?
DNOV and DOCT have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DNOV or DOCT?
DNOV yields 0.00% while DOCT yields 0.00%, so DOCT currently pays the higher dividend yield.
Is DOCT better than DNOV?
DNOV led over 1Y, 3Y and 5Y, DOCT over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.