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FT Vest U.S. Equity Dual Directional Buffer ETF - November (DLNV) Sharpe Ratio

ETF · Currency in USD · Last updated Jun 5, 2026

The FT Vest U.S. Equity Dual Directional Buffer ETF - November (DLNV) seeks to provide target outcome exposure linked to the price return of the SPDR S&P 500 ETF Trust over an approximately one-year outcome period. The fund uses FLEX options to provide upside participation to a cap, potential positive return for specified losses, and a 10% buffer beyond the inverse performance threshold.

Sharpe ratio is not yet available for DLNV. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares FT Vest U.S. Equity Dual Directional Buffer ETF - November's Sharpe Ratio with other ETFs in the Defined Outcome, Options Trading category across multiple time periods, showing how DLNV's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PMAPPGIM S&P 500 Max Buffer ETF - April6.45
LAPRInnovator Premium Income 15 Buffer ETF - April5.58
MMAXiShares Large Cap Max Buffer Mar ETF5.51
APXMFT Vest U.S. Equity Max Buffer ETF - April5.45
PMMYPGIM S&P 500 Max Buffer ETF - May5.38
CPSPCalamos S&P 500 Structured Alt Protection ETF - April5.19
ZAPRInnovator Equity Defined Protection ETF - 1 Yr April4.92
APRWAllianzIM U.S. Large Cap Buffer20 Apr ETF4.88
PQAPPGIM Nasdaq-100 Buffer 12 ETF - April4.82
NAPRInnovator Nasdaq-100 Power Buffer ETF - April4.74
DLNVFT Vest U.S. Equity Dual Directional Buffer ETF - November—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DLNV's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DLNV consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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