Original Buffer+Income v2 NOV
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FNOV FT Cboe Vest U.S. Equity Buffer ETF - November | Large Cap Blend Equities | 50% |
GLD SPDR Gold Trust | Precious Metals, Gold | 15% |
SPMO Invesco S&P 500® Momentum ETF | Large Cap Growth Equities | 35% |
Performance
Performance Chart
Loading data...
The earliest data available for this chart is Nov 18, 2019, corresponding to the inception date of FNOV
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -0.67% | 10.48% | -1.79% | 10.08% | 14.60% | 10.64% |
| Original Buffer+Income v2 NOV | 7.12% | 8.82% | 6.51% | 18.09% | 14.73% | N/A |
| Portfolio components: | ||||||
SPMO Invesco S&P 500® Momentum ETF | 8.82% | 16.74% | 8.45% | 27.59% | 21.41% | N/A |
GLD SPDR Gold Trust | 25.18% | -2.57% | 22.89% | 37.71% | 13.18% | 10.12% |
FNOV FT Cboe Vest U.S. Equity Buffer ETF - November | 0.46% | 7.19% | 0.06% | 5.88% | 10.04% | N/A |
Monthly Returns
The table below presents the monthly returns of Original Buffer+Income v2 NOV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.78% | -0.08% | -2.79% | 1.33% | 4.88% | 7.12% | |||||||
| 2024 | 2.26% | 5.57% | 3.47% | -2.14% | 4.18% | 3.31% | 0.54% | 2.22% | 1.69% | 1.00% | 2.87% | -1.45% | 25.91% |
| 2023 | 3.22% | -3.42% | 3.29% | 1.72% | -1.91% | 4.48% | 2.21% | 0.02% | -3.45% | -0.71% | 8.05% | 3.98% | 18.17% |
| 2022 | -4.14% | -0.65% | 2.55% | -6.20% | 0.34% | -5.71% | 5.72% | -2.48% | -6.58% | 7.98% | 4.63% | -2.58% | -8.12% |
| 2021 | -0.88% | -0.45% | 1.88% | 3.30% | 1.19% | 1.83% | 1.35% | 2.04% | -2.38% | 3.30% | -1.99% | 2.96% | 12.64% |
| 2020 | 1.83% | -5.94% | -6.72% | 9.05% | 4.37% | 1.75% | 6.13% | 4.63% | -1.73% | -2.43% | 5.80% | 2.98% | 20.02% |
| 2019 | 0.50% | 2.14% | 2.66% |
Expense Ratio
Original Buffer+Income v2 NOV has an expense ratio of 0.53%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, Original Buffer+Income v2 NOV is among the top 15% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SPMO Invesco S&P 500® Momentum ETF | 1.11 | 1.63 | 1.23 | 1.38 | 4.98 |
GLD SPDR Gold Trust | 2.13 | 2.65 | 1.34 | 4.31 | 10.98 |
FNOV FT Cboe Vest U.S. Equity Buffer ETF - November | 0.48 | 0.76 | 1.13 | 0.45 | 1.91 |
Loading data...
Dividends
Dividend yield
Original Buffer+Income v2 NOV provided a 0.17% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.17% | 0.17% | 0.57% | 0.58% | 0.18% | 0.44% | 0.49% | 0.37% | 0.27% | 0.68% | 0.12% |
| Portfolio components: | |||||||||||
SPMO Invesco S&P 500® Momentum ETF | 0.49% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNOV FT Cboe Vest U.S. Equity Buffer ETF - November | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Original Buffer+Income v2 NOV. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Original Buffer+Income v2 NOV was 23.35%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current Original Buffer+Income v2 NOV drawdown is 1.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.35% | Feb 20, 2020 | 23 | Mar 23, 2020 | 72 | Jul 6, 2020 | 95 |
| -17% | Jan 5, 2022 | 186 | Sep 30, 2022 | 203 | Jul 25, 2023 | 389 |
| -13.25% | Feb 20, 2025 | 34 | Apr 8, 2025 | 24 | May 13, 2025 | 58 |
| -6.22% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -5.86% | Sep 15, 2023 | 31 | Oct 27, 2023 | 12 | Nov 14, 2023 | 43 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 2.53, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | GLD | SPMO | FNOV | Portfolio | |
|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.11 | 0.86 | 0.94 | 0.92 |
| GLD | 0.11 | 1.00 | 0.11 | 0.10 | 0.28 |
| SPMO | 0.86 | 0.11 | 1.00 | 0.80 | 0.94 |
| FNOV | 0.94 | 0.10 | 0.80 | 1.00 | 0.91 |
| Portfolio | 0.92 | 0.28 | 0.94 | 0.91 | 1.00 |