XFEB Alternatives & Similar ETFs

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) 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 XFEB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XFEB

XFEB 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
OCTB	Aptus October Buffer ETF	0.25%	—	Oct 2025	XFEB vs OCTB
JULB	Aptus July Buffer ETF	0.25%	—	Oct 2025	XFEB vs JULB
APRB	Aptus April Buffer ETF	0.25%	—	Oct 2025	XFEB vs APRB
JANB	Aptus January Buffer ETF	0.25%	—	Oct 2025	XFEB vs JANB
FBUF	Fidelity Dynamic Buffered Equity ETF	0.48%	—	Apr 2024	XFEB vs FBUF

Best Risk-Adjusted Alternatives to XFEB

XFEB has a PortfoliosLab risk / return rank of 86. There are 125 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	99	—	Mar 2025	XFEB vs PMAP
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	98	21.00M	Apr 2025	XFEB vs CPSP
MMAX	iShares Large Cap Max Buffer Mar ETF	98	—	Mar 2025	XFEB vs MMAX
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	98	—	Apr 2025	XFEB vs ZAPR
CPRA	Calamos Russell 2000 Structured Alt Protection ETF...	98	13.20M	Apr 2025	XFEB vs CPRA

Top Performing XFEB Alternatives (YTD)

XFEB is at 5.40% YTD. There are 165 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.

Symbol	Name	YTD Return	AUM	Inception
NVDO	Leverage Shares 2x Capped Accelerated NVDA Monthly...	16.35%	—	Aug 2025	XFEB vs NVDO
QB	ProShares Nasdaq-100 Dynamic Daily Buffer ETF	13.84%	2.87M	Jun 2025	XFEB vs QB
KFEB	Innovator U.S. Small Cap Power Buffer ETF - Februa...	13.73%	—	Jan 2025	XFEB vs KFEB
KAPR	Innovator Russell 2000 Power Buffer ETF - April	13.09%	214.27M	Mar 2020	XFEB vs KAPR
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	11.91%	566.25M	Mar 2021	XFEB vs QMAR

Lowest Volatility Alternatives to XFEB

XFEB has 4.54% 1-year volatility. There are 86 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	1.18%	—	Mar 2025	XFEB vs PMAP
APXM	FT Vest U.S. Equity Max Buffer ETF - April	1.33%	—	Apr 2025	XFEB vs APXM
PMMY	PGIM S&P 500 Max Buffer ETF - May	1.40%	—	Apr 2025	XFEB vs PMMY
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	1.40%	21.00M	Apr 2025	XFEB vs CPSP
MMAX	iShares Large Cap Max Buffer Mar ETF	1.44%	—	Mar 2025	XFEB vs MMAX

Lowest Drawdown Alternatives to XFEB

XFEB has a 1-year max drawdown of -4.12%. There are 126 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	-0.35%	—	Mar 2025	XFEB vs PMAP
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	-0.37%	21.00M	Apr 2025	XFEB vs CPSP
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	-0.40%	—	Apr 2025	XFEB vs ZAPR
MMAX	iShares Large Cap Max Buffer Mar ETF	-0.46%	—	Mar 2025	XFEB vs MMAX
CPSM	Calamos S&P 500 Structured Alt Protection ETF - Ma...	-0.49%	56.60M	May 2024	XFEB vs CPSM

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	XFEB vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	XFEB vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	XFEB vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	XFEB vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	XFEB vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	XFEB vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	XFEB vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	XFEB vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	XFEB vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	44	8.70%	3.53B	Mar 2018	XFEB vs KNG

Often Compared With XFEB

Investors most often compare XFEB with DBE, EAPR, PBFR. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DBE	Invesco DB Energy Fund	Oil & Gas	72	78.87%	99.84M	Jan 2007	XFEB vs DBE
EAPR	Innovator Emerging Markets Power Buffer ETF - Apri...	Defined Outcome	79	9.17%	98.44M	Mar 2021	XFEB vs EAPR
PBFR	PGIM Laddered S&P 500 Buffer 20 ETF	Defined Outcome, S&P 500	92	5.36%	203.06M	Jun 2024	XFEB vs PBFR
GSG	iShares S&P GSCI Commodity-Indexed Trust	Commodities	67	38.94%	927.94M	Jul 2006	XFEB vs GSG
IBIC	iShares iBonds Oct 2026 Term TIPS ETF	Inflation-Protected Bonds	98	2.69%	76.82M	Sep 2023	XFEB vs IBIC
BNO	United States Brent Oil Fund LP	Oil & Gas	52	77.90%	615.26M	Jun 2010	XFEB vs BNO
DMAX	iShares Large Cap Max Buffer December ETF	Defined Outcome	96	3.19%	138.63M	Dec 2024	XFEB vs DMAX
SMAX	iShares Large Cap Max Buffer Sep ETF	Defined Outcome	94	3.95%	—	Sep 2024	XFEB vs SMAX
BUFP	PGIM Laddered S&P 500 Buffer 12 ETF	Defined Outcome, S&P 500	88	7.12%	223.70M	Jun 2024	XFEB vs BUFP
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	Commodities	58	31.11%	1.19B	Oct 2014	XFEB vs COMT
LJUL	Innovator Premium Income 15 Buffer ETF - July	Defined Outcome	98	2.59%	—	Jun 2024	XFEB vs LJUL
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	Defined Outcome, Nasdaq-100	96	11.16%	26.30M	Dec 2024	XFEB vs PQAP
TMAR	FT Vest Emerging Markets Buffer ETF - March	Defined Outcome	83	11.80%	—	Mar 2025	XFEB vs TMAR
TWOX	iShares Large Cap Accelerated Outcome ETF	Defined Outcome	49	3.60%	—	Jan 2025	XFEB vs TWOX
DBO	Invesco DB Oil Fund	Oil & Gas	58	76.48%	257.23M	Jan 2007	XFEB vs DBO
PMJA	PGIM S&P 500 Max Buffer ETF - January	Defined Outcome, S&P 500	96	3.01%	4.58M	Dec 2024	XFEB vs PMJA
PMJN	PGIM S&P 500 Max Buffer ETF - June	Defined Outcome, S&P 500	94	2.47%	—	May 2025	XFEB vs PMJN
PMFB	PGIM S&P 500 Max Buffer ETF - February	Defined Outcome, S&P 500	96	3.18%	—	Jan 2025	XFEB vs PMFB
ZMAY	Innovator Equity Defined Protection ETF - 1 Yr May	Defined Outcome	97	2.57%	—	May 2025	XFEB vs ZMAY
CAOS	Alpha Architect Tail Risk ETF	Options Trading	56	0.76%	709.87M	Aug 2013	XFEB vs CAOS

Compare XFEB with Any Fund or Stock

Compare XFEB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair XFEB with funds that move differently

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XFEB.

Explore XFEB Diversifiers

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) Alternatives