DOCT vs. FFRHX
Compare and contrast key facts about FT Cboe Vest U.S. Equity Deep Buffer ETF - October (DOCT) and Fidelity Floating Rate High Income Fund (FFRHX).
DOCT is an actively managed fund by First Trust. It was launched on Oct 16, 2020. FFRHX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOCT or FFRHX.
Correlation
The correlation between DOCT and FFRHX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DOCT vs. FFRHX - Performance Comparison
Key characteristics
DOCT:
2.04
FFRHX:
3.27
DOCT:
2.87
FFRHX:
9.76
DOCT:
1.48
FFRHX:
3.15
DOCT:
4.40
FFRHX:
9.68
DOCT:
18.98
FFRHX:
45.87
DOCT:
0.47%
FFRHX:
0.18%
DOCT:
4.39%
FFRHX:
2.54%
DOCT:
-9.35%
FFRHX:
-22.19%
DOCT:
0.00%
FFRHX:
-0.22%
Returns By Period
In the year-to-date period, DOCT achieves a 2.22% return, which is significantly higher than FFRHX's 0.39% return.
DOCT
2.22%
1.16%
3.96%
8.65%
N/A
N/A
FFRHX
0.39%
0.39%
4.53%
8.36%
5.58%
4.76%
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DOCT vs. FFRHX - Expense Ratio Comparison
DOCT has a 0.85% expense ratio, which is higher than FFRHX's 0.67% expense ratio.
Risk-Adjusted Performance
DOCT vs. FFRHX — Risk-Adjusted Performance Rank
DOCT
FFRHX
DOCT vs. FFRHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Deep Buffer ETF - October (DOCT) and Fidelity Floating Rate High Income Fund (FFRHX). 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.
Dividends
DOCT vs. FFRHX - Dividend Comparison
DOCT has not paid dividends to shareholders, while FFRHX's dividend yield for the trailing twelve months is around 8.24%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOCT FT Cboe Vest U.S. Equity Deep Buffer ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFRHX Fidelity Floating Rate High Income Fund | 8.24% | 8.33% | 8.25% | 5.06% | 3.27% | 3.85% | 5.17% | 4.75% | 4.01% | 3.94% | 4.25% | 4.00% |
Drawdowns
DOCT vs. FFRHX - Drawdown Comparison
The maximum DOCT drawdown since its inception was -9.35%, smaller than the maximum FFRHX drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for DOCT and FFRHX. For additional features, visit the drawdowns tool.
Volatility
DOCT vs. FFRHX - Volatility Comparison
FT Cboe Vest U.S. Equity Deep Buffer ETF - October (DOCT) has a higher volatility of 1.56% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.66%. This indicates that DOCT's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.