DOCT vs FNOV
FT Vest US Equity Deep Buffer ETF - October vs FT Vest US Equity Buffer ETF - November
Which is better, DOCT or FNOV?
Each has led over a different period.
DOCT led over the full window, FNOV over 1Y, 3Y and 5Y.
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 | DOCT | FNOV |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $402M | $1.3B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +8.89% | +10.27%Best |
| 1Y Return | +11.21% | +14.72%Best |
| 3Y Return (annualized) | +10.88% | +15.26%Best |
| 5Y Return (annualized) | +8.29% | +9.54%Best |
| Volatility (annualized) | 49.6% | 10.4%Best |
| Max Drawdown | -9.9%Best | -15.9% |
| $10,000 over 5 years | $14,892 | $15,771Best |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Oct 16, 2020 | Nov 18, 2019 |
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).
DOCT vs FNOV 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.
DOCT vs FNOV Performance
FT Vest US Equity Deep Buffer ETF - October (DOCT) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Buffer ETF - November (FNOV) is an ETF from First Trust Portfolios (US). Over the past year DOCT returned +11.21% while FNOV returned +14.72%. Year to date, DOCT is up 8.89% versus a gain of 10.27% for FNOV.
Over three years, DOCT compounded at +10.88% per year against +15.26% for FNOV; over five years the annualized figures are +8.29% and +9.54% respectively. Across the full 6-year window we track, DOCT has the edge at +24.37% annualized vs +10.57%.
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 10.4% for FNOV. 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 -9.9% for DOCT and -15.9% for FNOV. 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
DOCT charges 0.85% per year while FNOV charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, DOCT currently yields 0.00% against 0.00% for FNOV.
You are not choosing between two funds in isolation.
Whichever of DOCT and FNOV 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, DOCT or FNOV?
DOCT has an expense ratio of 0.85% while FNOV charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, DOCT or FNOV?
Over the past year DOCT returned +11.21% vs +14.72% for FNOV, so FNOV leads on 1-year performance. Over the longest common window we track (6 years), DOCT annualized +24.37% vs +10.57% for FNOV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DOCT or FNOV?
DOCT has been the more volatile fund at 49.6% annualized versus 10.4% for FNOV. Worst drawdown: DOCT -9.9% vs FNOV -15.9%.
Should I hold both DOCT and FNOV?
DOCT and FNOV 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, DOCT or FNOV?
DOCT yields 0.00% while FNOV yields 0.00%, so FNOV currently pays the higher dividend yield.
Is FNOV better than DOCT?
DOCT led over the full window, FNOV over 1Y, 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.