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

ETF Info

Issuer

FT Vest

Inception Date

Nov 16, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Alternatives

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

GNOV features an expense ratio of 0.85%, falling within the medium range.


Expense ratio chart for GNOV: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

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.


Popular comparisons:
GNOV vs. SPY GNOV vs. JEPQ
Popular comparisons:
GNOV vs. SPY GNOV vs. JEPQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in FT Cboe Vest U.S. Equity Moderate Buffer ETF - November, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
5.04%
9.30%
GNOV (FT Cboe Vest U.S. Equity Moderate Buffer ETF - November)
Benchmark (^GSPC)

Returns By Period

FT Cboe Vest U.S. Equity Moderate Buffer ETF - November had a return of 2.46% year-to-date (YTD) and 10.93% in the last 12 months.


GNOV

YTD

2.46%

1M

1.30%

6M

5.04%

1Y

10.93%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

4.46%

1M

2.46%

6M

9.31%

1Y

23.49%

5Y*

13.03%

10Y*

11.31%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.34%2.46%
20240.83%1.93%1.18%-0.80%2.09%1.15%0.62%0.86%0.62%0.52%1.79%-0.86%10.35%
20230.42%2.42%2.86%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 92, GNOV is among the top 8% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GNOV is 9292
Overall Rank
The Sharpe Ratio Rank of GNOV is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of GNOV is 8989
Sortino Ratio Rank
The Omega Ratio Rank of GNOV is 9494
Omega Ratio Rank
The Calmar Ratio Rank of GNOV is 9191
Calmar Ratio Rank
The Martin Ratio Rank of GNOV is 9494
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 Moderate Buffer ETF - November (GNOV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for GNOV, currently valued at 2.33, compared to the broader market0.002.004.002.331.74
The chart of Sortino ratio for GNOV, currently valued at 3.24, compared to the broader market-2.000.002.004.006.008.0010.0012.003.242.35
The chart of Omega ratio for GNOV, currently valued at 1.54, compared to the broader market0.501.001.502.002.503.001.541.32
The chart of Calmar ratio for GNOV, currently valued at 4.11, compared to the broader market0.005.0010.0015.004.112.61
The chart of Martin ratio for GNOV, currently valued at 19.73, compared to the broader market0.0020.0040.0060.0080.00100.0019.7310.66
GNOV
^GSPC

The current FT Cboe Vest U.S. Equity Moderate Buffer ETF - November Sharpe ratio is 2.33. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of FT Cboe Vest U.S. Equity Moderate Buffer ETF - November with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16
2.33
1.74
GNOV (FT Cboe Vest U.S. Equity Moderate Buffer ETF - November)
Benchmark (^GSPC)

Dividends

Dividend History


FT Cboe Vest U.S. Equity Moderate 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.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February00
GNOV (FT Cboe Vest U.S. Equity Moderate Buffer ETF - November)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the FT Cboe Vest U.S. Equity Moderate 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 Moderate Buffer ETF - November was 2.59%, occurring on Aug 5, 2024. Recovery took 8 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.59%Jul 17, 202414Aug 5, 20248Aug 15, 202422
-1.9%Dec 9, 202424Jan 14, 20254Jan 21, 202528
-1.74%Apr 1, 202415Apr 19, 202411May 6, 202426
-0.87%Jan 27, 20256Feb 3, 20253Feb 6, 20259
-0.87%Jan 2, 20243Jan 4, 20244Jan 10, 20247

Volatility

Volatility Chart

The current FT Cboe Vest U.S. Equity Moderate Buffer ETF - November volatility is 1.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
1.59%
3.07%
GNOV (FT Cboe Vest U.S. Equity Moderate Buffer ETF - November)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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