DGOC vs. FBUF

Last updated Jul 11, 2026

DGOC (FT Vest U.S. Equity Buffer & Digital Return ETF - October) and FBUF (Fidelity Dynamic Buffered Equity ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. DGOC charges 0.85%/yr vs 0.48%/yr for FBUF.

Performance

DGOC vs. FBUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer & Digital Return ETF - October (DGOC) and Fidelity Dynamic Buffered Equity ETF (FBUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGOC achieves a 4.56% return, which is significantly lower than FBUF's 6.51% return.

DGOC

• 1D: 0.05%
• 1M: 0.65%
• 6M: 3.99%
• YTD: 4.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FBUF

• 1D: 0.49%
• 1M: 2.58%
• 6M: 5.54%
• YTD: 6.51%
• 1Y: 17.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGOC vs. FBUF - Yearly Performance Comparison

	2026 (YTD)	2025
DGOC FT Vest U.S. Equity Buffer & Digital Return ETF - October	4.56%	1.49%
FBUF Fidelity Dynamic Buffered Equity ETF	6.51%	3.65%

Correlation

The correlation between DGOC and FBUF is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 20, 2025	0.86

Return for Risk

DGOC vs. FBUF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DGOC

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

FBUF

FBUF Risk / Return Rank: 81
FBUF Sharpe Ratio Rank: 82
FBUF Sortino Ratio Rank: 79
FBUF Omega Ratio Rank: 86
FBUF Calmar Ratio Rank: 74
FBUF Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DGOC vs. FBUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer & Digital Return ETF - October (DGOC) and Fidelity Dynamic Buffered Equity ETF (FBUF). 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.

	DGOC	FBUF	Difference
Sharpe ratio: Return per unit of total volatility	—	2.09	—
Sortino ratio: Return per unit of downside risk	—	2.81	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.04	—
Martin ratio: Return relative to average drawdown	—	12.75	—

Drawdowns

DGOC vs. FBUF - Drawdown Comparison

The maximum DGOC drawdown since its inception was -2.95%, smaller than the maximum FBUF drawdown of -11.09%. Use the drawdown chart below to compare losses from any high point for DGOC and FBUF.

Drawdown Indicators

	DGOC	FBUF	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-11.09%	+8.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.61%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.35%	-1.36%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.34%	—

Volatility

Volatility by Period

	DGOC	FBUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.42%	8.16%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.42%	9.64%	-5.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.42%	9.64%	-5.22%

DGOC vs. FBUF - Expense Ratio Comparison

DGOC has a 0.85% expense ratio, which is higher than FBUF's 0.48% expense ratio.

Dividends

DGOC vs. FBUF - Dividend Comparison

DGOC has not paid dividends to shareholders, while FBUF's dividend yield for the trailing twelve months is around 0.58%.

Position	TTM	2025	2024
DGOC FT Vest U.S. Equity Buffer & Digital Return ETF - October	0.00%	0.00%	0.00%
FBUF Fidelity Dynamic Buffered Equity ETF	0.58%	0.64%	0.54%

Frequently Asked Questions

Can I hold both DGOC and FBUF in my portfolio?

DGOC and FBUF have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGOC or FBUF?

On fees, FBUF is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGOC or FBUF?

FBUF is cheaper with a 0.48% expense ratio, compared with 0.85% for DGOC.

Which ETF pays a higher dividend yield, DGOC or FBUF?

FBUF has the higher dividend yield at 0.58%, compared with 0.00% for DGOC.

What is the main difference between DGOC and FBUF?

They also come from different issuers: First Trust and Fidelity. Their fees differ too: 0.85% for DGOC and 0.48% for FBUF.