FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XDEC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XDEC
XDEC charges 0.85% annually. There are 217 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | XDEC vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | XDEC vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | XDEC vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | XDEC vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | XDEC vs FBUF |
Best Risk-Adjusted Alternatives to XDEC
XDEC has a PortfoliosLab risk / return rank of 85. There are 134 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | XDEC vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | XDEC vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | XDEC vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | XDEC vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | XDEC vs CPRA |
Top Performing XDEC Alternatives (YTD)
XDEC is at 5.37% YTD. There are 166 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | XDEC vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 13.84% | 2.87M | Jun 2025 | XDEC vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.73% | — | Jan 2025 | XDEC vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.09% | 214.27M | Mar 2020 | XDEC vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 11.91% | 403.09M | Mar 2019 | XDEC vs BAPR |
Lowest Volatility Alternatives to XDEC
XDEC has 4.79% 1-year volatility. There are 89 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | XDEC vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.33% | — | Apr 2025 | XDEC vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | XDEC vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | XDEC vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | XDEC vs MMAX |
Lowest Drawdown Alternatives to XDEC
XDEC has a 1-year max drawdown of -3.91%. There are 111 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | XDEC vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | XDEC vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | XDEC vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | XDEC vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | XDEC vs CPSM |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include RDVI, BGLD, BUFD and span 7 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Vest Rising Dividend Achievers Target Income ET... | Derivative Income | 87 | 16.92% | 3.59B | Oct 2022 | XDEC vs RDVI | |
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold, Precious Metals | 28 | -4.01% | 50.90M | Jan 2021 | XDEC vs BGLD | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 89 | 5.83% | 1.97B | Jan 2021 | XDEC vs BUFD | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 75 | 7.59% | 1.51B | Jun 2022 | XDEC vs BUFQ | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 85 | 7.68% | 1.17B | Oct 2020 | XDEC vs FOCT | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 79 | 7.68% | 1.22B | Sep 2020 | XDEC vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 9 | 0.56% | — | Mar 2024 | XDEC vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 76 | 11.04% | 88.80M | Apr 2023 | XDEC vs DOGG | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 86 | 8.35% | 1.39B | Feb 2020 | XDEC vs FFEB | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 88 | 5.82% | 430.27M | Dec 2020 | XDEC vs DDEC |
Often Compared With XDEC
Investors most often compare XDEC with SSO, PMAU, PSMR. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare XDEC with Any Fund or Stock
Compare XDEC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XDEC with funds that move differently
FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XDEC.
Explore XDEC Diversifiers