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 215 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 | XFEB vs APRB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | XFEB vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | XFEB vs JULB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | XFEB vs JANB | |
| 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 84. There are 131 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 | XFEB vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | XFEB vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | XFEB vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | XFEB vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | XFEB vs XBAP |
Top Performing XFEB Alternatives (YTD)
XFEB is at 5.11% YTD. There are 171 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 | XFEB vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.70% | — | Jan 2025 | XFEB vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.15% | 214.51M | Mar 2020 | XFEB vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.87% | 568.10M | Mar 2021 | XFEB vs QMAR | |
| FT Vest Emerging Markets Buffer ETF - March | 12.87% | — | Mar 2025 | XFEB vs TMAR |
Lowest Volatility Alternatives to XFEB
XFEB has 4.45% 1-year volatility. There are 86 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | XFEB vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.24% | — | Apr 2025 | XFEB vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | XFEB vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | XFEB vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.41% | — | Mar 2025 | XFEB vs MMAX |
Lowest Drawdown Alternatives to XFEB
XFEB has a 1-year max drawdown of -4.12%. There are 128 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 | XFEB vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | XFEB vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | XFEB vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | XFEB vs MMAX | |
| 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 14 categories. AUM among these funds goes as high as $14B.
Often Compared With XFEB
Investors most often compare XFEB with EAPR, DBE, DMAX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare XFEB with Any Fund or Stock
Compare XFEB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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