PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FOCT vs. SPXC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FOCT vs. SPXC

Last updated Jun 23, 2026

FOCT (FT Vest U.S. Equity Buffer ETF - October) is Defined Outcome fund actively managed by FT Vest, while SPXC (SPX Corporation) is a stock. Over the past 5 years, FOCT returned 9.04%/yr vs 33.09%/yr for SPXC. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

FOCT vs. SPXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer ETF - October (FOCT) and SPX Corporation (SPXC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FOCT achieves a 6.45% return, which is significantly lower than SPXC's 23.17% return.

FOCT

1D
-0.15%
1M
0.56%
YTD
6.45%
6M
6.34%
1Y
19.91%
3Y*
12.14%
5Y*
9.04%
10Y*
—

SPXC

1D
1.42%
1M
18.58%
YTD
23.17%
6M
18.94%
1Y
59.57%
3Y*
44.38%
5Y*
33.09%
10Y*
32.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FOCT vs. SPXC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
FOCT
FT Vest U.S. Equity Buffer ETF - October		6.45%14.92%9.62%17.81%-7.59%13.13%4.94%
SPXC
SPX Corporation		23.17%37.48%44.06%53.86%10.00%9.42%9.56%

Correlation

The correlation between FOCT and SPXC is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Oct 19, 2020

0.55

The correlation between FOCT and SPXC has been stable across timeframes, ranging from 0.49 to 0.56 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FT Vest U.S. Equity Buffer ETF - October

SPX Corporation

Often compared with FOCT:
FOCT vs. VYMFOCT vs. FMARFOCT vs. HDMVFOCT vs. SPTSFOCT vs. ACWVFOCT vs. VOOGFOCT vs. SPY
Often compared with SPXC:
SPXC vs. SPYSPXC vs. SPXTSPXC vs. SPXLSPXC vs. XBISPXC vs. VUAA.LSPXC vs. UPROSPXC vs. VSP.TO

Return for Risk

FOCT vs. SPXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FOCT
FOCT Risk / Return Rank: 8181
Overall Rank
FOCT Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FOCT Sortino Ratio Rank: 8484
Sortino Ratio Rank
FOCT Omega Ratio Rank: 8484
Omega Ratio Rank
FOCT Calmar Ratio Rank: 7171
Calmar Ratio Rank
FOCT Martin Ratio Rank: 8585
Martin Ratio Rank
SPXC
SPXC Risk / Return Rank: 8181
Overall Rank
SPXC Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
SPXC Sortino Ratio Rank: 8181
Sortino Ratio Rank
SPXC Omega Ratio Rank: 7979
Omega Ratio Rank
SPXC Calmar Ratio Rank: 8181
Calmar Ratio Rank
SPXC Martin Ratio Rank: 8181
Martin Ratio Rank
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.

FOCT vs. SPXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer ETF - October (FOCT) and SPX Corporation (SPXC). 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.

FOCTSPXCDifference
Sharpe ratioReturn per unit of total volatility
2.49
1.63

+0.86

Sortino ratioReturn per unit of downside risk
3.57
2.33

+1.23

Omega ratioGain probability vs. loss probability

1.48

1.29

+0.20

Calmar ratioReturn relative to maximum drawdown

3.48

2.59

+0.90

Martin ratioReturn relative to average drawdown

16.95

6.61

+10.34

FOCT vs. SPXC - Sharpe Ratio Comparison

The current FOCT Sharpe Ratio is 2.49, which is higher than the SPXC Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of FOCT and SPXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FOCT vs. SPXC - Drawdown Comparison

The maximum FOCT drawdown since its inception was -14.07%, smaller than the maximum SPXC drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for FOCT and SPXC.

Loading charts...

Drawdown Indicators

FOCTSPXCDifference

Max Drawdown

Largest peak-to-trough decline

-14.07%

-81.12%

+67.05%

Max Drawdown (1Y)

Largest decline over 1 year

-5.74%

-23.15%

+17.41%

Max Drawdown (3Y)

Largest decline over 3 years

-13.06%

-33.54%

+20.48%

Max Drawdown (5Y)

Largest decline over 5 years

-14.07%

-38.32%

+24.25%

Max Drawdown (10Y)

Largest decline over 10 years

—

-50.26%

—

Current Drawdown

Current decline from peak

-0.41%

0.00%

-0.41%

Average Drawdown

Average peak-to-trough decline

-2.24%

-29.00%

+26.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.18%

9.04%

-7.86%

Volatility

FOCT vs. SPXC - Volatility Comparison

The current volatility for FT Vest U.S. Equity Buffer ETF - October (FOCT) is 2.10%, while SPX Corporation (SPXC) has a volatility of 10.46%. This indicates that FOCT experiences smaller price fluctuations and is considered to be less risky than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FOCTSPXCDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.10%

10.46%

-8.36%

Volatility (6M)

Calculated over the trailing 6-month period

6.17%

27.71%

-21.54%

Volatility (1Y)

Calculated over the trailing 1-year period

8.05%

36.91%

-28.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.11%

35.18%

-24.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.88%

37.46%

-26.58%

Dividends

FOCT vs. SPXC - Dividend Comparison

Neither FOCT nor SPXC has paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
FOCT
FT Vest U.S. Equity 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%
SPXC
SPX Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%386.22%

Frequently Asked Questions

FOCT and SPXC have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPXC has higher volatility (10.46%) compared to FOCT (2.10%). In terms of maximum drawdown, FOCT dropped -14.07% vs SPXC's -81.12%.

FOCT currently has the higher Sharpe Ratio (2.49 vs 1.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for FOCT and SPXC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer