FFEB vs. APRB

Last updated Jun 24, 2026

FFEB (FT Vest U.S. Equity Buffer ETF - February) and APRB (Aptus April Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. FFEB charges 0.85%/yr vs 0.25%/yr for APRB.

Performance

FFEB vs. APRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer ETF - February (FFEB) and Aptus April Buffer ETF (APRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFEB achieves a 6.88% return, which is significantly higher than APRB's 4.53% return.

FFEB

• 1D: -0.56%
• 1M: -0.17%
• YTD: 6.88%
• 6M: 6.77%
• 1Y: 17.62%
• 3Y*: 15.58%
• 5Y*: 10.75%
• 10Y*: —

APRB

• 1D: -0.22%
• 1M: 0.19%
• YTD: 4.53%
• 6M: 4.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FFEB vs. APRB - Yearly Performance Comparison

	2026 (YTD)	2025
FFEB FT Vest U.S. Equity Buffer ETF - February	6.88%	3.08%
APRB Aptus April Buffer ETF	4.53%	2.48%

Correlation

The correlation between FFEB and APRB is 0.93, 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 14, 2025	0.93

Return for Risk

FFEB vs. APRB — Risk / Return Rank

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

FFEB

FFEB Risk / Return Rank: 81
FFEB Sharpe Ratio Rank: 83
FFEB Sortino Ratio Rank: 85
FFEB Omega Ratio Rank: 86
FFEB Calmar Ratio Rank: 67
FFEB Martin Ratio Rank: 84

APRB

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

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.

FFEB vs. APRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer ETF - February (FFEB) and Aptus April Buffer ETF (APRB). 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.

	FFEB	APRB	Difference
Sharpe ratio: Return per unit of total volatility	2.45	—	—
Sortino ratio: Return per unit of downside risk	3.52	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	3.09	—	—
Martin ratio: Return relative to average drawdown	16.18	—	—

Drawdowns

FFEB vs. APRB - Drawdown Comparison

The maximum FFEB drawdown since its inception was -23.14%, which is greater than APRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for FFEB and APRB.

Drawdown Indicators

	FFEB	APRB	Difference
Max Drawdown Largest peak-to-trough decline	-23.14%	-4.59%	-18.55%
Max Drawdown (1Y) Largest decline over 1 year	-5.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.85%	—	—
Current Drawdown Current decline from peak	-1.01%	-0.45%	-0.56%
Average Drawdown Average peak-to-trough decline	-2.41%	-0.71%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	—	—

Volatility

Volatility by Period

	FFEB	APRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.26%	5.97%	+1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.83%	5.97%	+4.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.72%	5.97%	+7.75%

FFEB vs. APRB - Expense Ratio Comparison

FFEB has a 0.85% expense ratio, which is higher than APRB's 0.25% expense ratio.

Dividends

FFEB vs. APRB - Dividend Comparison

Neither FFEB nor APRB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FFEB and APRB in my portfolio?

With a correlation of 0.93, FFEB and APRB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, FFEB or APRB?

On fees, APRB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FFEB or APRB?

APRB is cheaper with a 0.25% expense ratio, compared with 0.85% for FFEB.

Which ETF pays a higher dividend yield, FFEB or APRB?

FFEB and APRB have nearly identical dividend yields, around 0.00%.

What is the main difference between FFEB and APRB?

They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.85% for FFEB and 0.25% for APRB.