BFOC vs. FTXL

Last updated Aug 5, 2026

BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) and FTXL (First Trust Nasdaq Semiconductor ETF) are both exchange-traded funds - BFOC is a Defined Outcome fund actively managed by First Trust, while FTXL is a Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index. BFOC is actively managed, while FTXL is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. BFOC charges 0.90%/yr vs 0.60%/yr for FTXL.

Performance

BFOC vs. FTXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and First Trust Nasdaq Semiconductor ETF (FTXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BFOC achieves a -6.82% return, which is significantly lower than FTXL's 81.48% return.

BFOC

• 1D: -0.03%
• 1M: 0.09%
• 6M: -3.48%
• YTD: -6.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FTXL

• 1D: 7.52%
• 1M: -6.11%
• 6M: 53.51%
• YTD: 81.48%
• 1Y: 143.42%
• 3Y*: 48.94%
• 5Y*: 28.36%
• 10Y*: —
• ALL TIME*: 29.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	$37.66K	$47.54K	$63.36K
FTXL First Trust Nasdaq Semiconductor ETF	$143.23M	$96.82M	$85.90M

BFOC vs. FTXL - Yearly Performance Comparison

	2026 (YTD)	2025
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-6.82%	-9.75%
FTXL First Trust Nasdaq Semiconductor ETF	81.48%	15.93%

Correlation

The correlation between BFOC and FTXL is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.42

Return for Risk

BFOC vs. FTXL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BFOC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FTXL

FTXL Risk / Return Rank: 91
FTXL Sharpe Ratio Rank: 96
FTXL Sortino Ratio Rank: 88
FTXL Omega Ratio Rank: 88
FTXL Calmar Ratio Rank: 91
FTXL Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BFOC vs. FTXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and First Trust Nasdaq Semiconductor ETF (FTXL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BFOC	FTXL	Difference
Sharpe ratio: Return per unit of total volatility	—	3.09	—
Sortino ratio: Return per unit of downside risk	—	3.23	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	4.42	—
Martin ratio: Return relative to average drawdown	—	18.46	—

Drawdowns

BFOC vs. FTXL - Drawdown Comparison

The maximum BFOC drawdown since its inception was -18.41%, smaller than the maximum FTXL drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for BFOC and FTXL.

Drawdown Indicators

	BFOC	FTXL	Difference
Max Drawdown Largest peak-to-trough decline	-18.41%	-43.87%	+25.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-32.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-41.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.87%	—
Current Drawdown Current decline from peak	-17.69%	-20.87%	+3.18%
Average Drawdown Average peak-to-trough decline	-13.54%	-10.62%	-2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.80%	—

Volatility

Volatility by Period

	BFOC	FTXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.66%	46.65%	-34.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.66%	38.38%	-26.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.66%	35.35%	-23.69%

BFOC vs. FTXL - Expense Ratio Comparison

BFOC has a 0.90% expense ratio, which is higher than FTXL's 0.60% expense ratio.

Dividends

BFOC vs. FTXL - Dividend Comparison

BFOC has not paid dividends to shareholders, while FTXL's dividend yield for the trailing twelve months is around 0.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTXL First Trust Nasdaq Semiconductor ETF	0.10%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%

Frequently Asked Questions

Can I hold both BFOC and FTXL in my portfolio?

BFOC and FTXL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFOC or FTXL?

On fees, FTXL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFOC or FTXL?

FTXL is cheaper with a 0.60% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, BFOC or FTXL?

FTXL has the higher dividend yield at 0.10%, compared with 0.00% for BFOC.

What is the main difference between BFOC and FTXL?

BFOC is categorized as Defined Outcome, while FTXL is Semiconductors. Their fees differ too: 0.90% for BFOC and 0.60% for FTXL.