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FT Cboe Vest U.S. Equity Deep Buffer ETF - Novembe...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Inception Date

Nov 15, 2019

Leveraged

1x

Index Tracked

Cboe S&P 500 30% (-5% to -35%) Buffer Protect November Series Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

DNOV has an expense ratio of 0.85%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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DNOV vs. PNOV
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Performance

Performance Chart


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Returns By Period

FT Cboe Vest U.S. Equity Deep Buffer ETF - November (DNOV) returned -1.53% year-to-date (YTD) and 3.82% over the past 12 months.


DNOV

YTD

-1.53%

1M

4.02%

6M

-1.18%

1Y

3.82%

5Y*

7.09%

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of DNOV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.60%-0.53%-3.24%-0.08%0.79%-1.53%
20240.77%2.28%1.22%-1.02%2.42%1.15%0.62%0.94%0.25%0.96%1.80%-1.09%10.71%
20233.83%-1.21%2.27%1.00%0.31%4.55%1.89%-0.25%-3.83%-2.16%8.55%2.75%18.52%
2022-2.07%-1.40%1.60%-4.36%0.33%-2.62%2.01%-0.58%-1.04%1.45%1.82%-2.68%-7.50%
2021-0.60%1.00%1.86%0.72%0.71%0.25%0.39%0.30%-0.07%0.63%-1.13%1.85%6.03%
20200.17%-3.68%-5.65%5.83%2.21%1.00%1.99%2.07%-0.85%-1.10%4.86%0.97%7.49%
20190.37%1.09%1.47%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DNOV is 56, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of DNOV is 5656
Overall Rank
The Sharpe Ratio Rank of DNOV is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of DNOV is 5151
Sortino Ratio Rank
The Omega Ratio Rank of DNOV is 6161
Omega Ratio Rank
The Calmar Ratio Rank of DNOV is 5656
Calmar Ratio Rank
The Martin Ratio Rank of DNOV is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Deep Buffer ETF - November (DNOV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

FT Cboe Vest U.S. Equity Deep Buffer ETF - November Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 0.45
  • 5-Year: 0.91
  • All Time: 0.64

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of FT Cboe Vest U.S. Equity Deep Buffer ETF - November compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


FT Cboe Vest U.S. Equity Deep Buffer ETF - November doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the FT Cboe Vest U.S. Equity Deep Buffer ETF - November. 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 FT Cboe Vest U.S. Equity Deep Buffer ETF - November was 15.03%, occurring on Mar 18, 2020. Recovery took 98 trading sessions.

The current FT Cboe Vest U.S. Equity Deep Buffer ETF - November drawdown is 4.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.03%Feb 20, 202020Mar 18, 202098Aug 6, 2020118
-9.98%Feb 20, 202534Apr 8, 2025
-9.57%Jan 5, 2022113Jun 16, 2022246Jun 9, 2023359
-7.88%Jul 31, 202364Oct 27, 202312Nov 14, 202376
-2.88%Sep 3, 202015Sep 24, 202012Oct 12, 202027

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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