GOCT vs. IVVB

Last updated Jun 24, 2026

GOCT (FT Cboe Vest U.S. Equity Moderate Buffer ETF - October) and IVVB (iShares Large Cap Deep Buffer ETF) are both Options Trading funds. Both are actively managed. Over the past year, GOCT returned 14.86% vs 12.68% for IVVB. Their correlation of 0.85 suggests significant overlap in exposure. GOCT charges 0.85%/yr vs 0.50%/yr for IVVB.

Performance

GOCT vs. IVVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) and iShares Large Cap Deep Buffer ETF (IVVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOCT achieves a 5.00% return, which is significantly higher than IVVB's 3.81% return.

GOCT

• 1D: -0.45%
• 1M: 0.07%
• YTD: 5.00%
• 6M: 4.60%
• 1Y: 14.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVVB

• 1D: -0.46%
• 1M: -0.43%
• YTD: 3.81%
• 6M: 2.94%
• 1Y: 12.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOCT vs. IVVB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOCT FT Cboe Vest U.S. Equity Moderate Buffer ETF - October	5.00%	12.29%	8.16%	6.96%
IVVB iShares Large Cap Deep Buffer ETF	3.81%	9.60%	18.66%	7.13%

Correlation

The correlation between GOCT and IVVB is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 23, 2023	0.85

The correlation between GOCT and IVVB has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

Return for Risk

GOCT vs. IVVB — Risk / Return Rank

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

GOCT

GOCT Risk / Return Rank: 83
GOCT Sharpe Ratio Rank: 84
GOCT Sortino Ratio Rank: 87
GOCT Omega Ratio Rank: 87
GOCT Calmar Ratio Rank: 73
GOCT Martin Ratio Rank: 86

IVVB

IVVB Risk / Return Rank: 53
IVVB Sharpe Ratio Rank: 54
IVVB Sortino Ratio Rank: 52
IVVB Omega Ratio Rank: 54
IVVB Calmar Ratio Rank: 47
IVVB Martin Ratio Rank: 56

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.

GOCT vs. IVVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) and iShares Large Cap Deep Buffer ETF (IVVB). 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.

	GOCT	IVVB	Difference
Sharpe ratio: Return per unit of total volatility	2.46	1.72	+0.74
Sortino ratio: Return per unit of downside risk	3.61	2.41	+1.20
Omega ratio: Gain probability vs. loss probability	1.49	1.32	+0.17
Calmar ratio: Return relative to maximum drawdown	3.39	2.22	+1.17
Martin ratio: Return relative to average drawdown	16.78	9.43	+7.35

GOCT vs. IVVB - Sharpe Ratio Comparison

The current GOCT Sharpe Ratio is 2.46, which is higher than the IVVB Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of GOCT and IVVB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOCT vs. IVVB - Drawdown Comparison

The maximum GOCT drawdown since its inception was -10.47%, smaller than the maximum IVVB drawdown of -13.08%. Use the drawdown chart below to compare losses from any high point for GOCT and IVVB.

Drawdown Indicators

	GOCT	IVVB	Difference
Max Drawdown Largest peak-to-trough decline	-10.47%	-13.08%	+2.61%
Max Drawdown (1Y) Largest decline over 1 year	-4.40%	-5.75%	+1.35%
Current Drawdown Current decline from peak	-0.62%	-0.88%	+0.26%
Average Drawdown Average peak-to-trough decline	-0.70%	-1.59%	+0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	1.35%	-0.46%

Volatility

GOCT vs. IVVB - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) is 1.60%, while iShares Large Cap Deep Buffer ETF (IVVB) has a volatility of 1.74%. This indicates that GOCT experiences smaller price fluctuations and is considered to be less risky than IVVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOCT	IVVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.60%	1.74%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	4.85%	5.49%	-0.64%
Volatility (1Y) Calculated over the trailing 1-year period	6.09%	7.40%	-1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.44%	9.25%	-1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.44%	9.25%	-1.81%

GOCT vs. IVVB - Expense Ratio Comparison

GOCT has a 0.85% expense ratio, which is higher than IVVB's 0.50% expense ratio.

Dividends

GOCT vs. IVVB - Dividend Comparison

GOCT has not paid dividends to shareholders, while IVVB's dividend yield for the trailing twelve months is around 1.18%.

Position	TTM	2025	2024
GOCT FT Cboe Vest U.S. Equity Moderate Buffer ETF - October	0.00%	0.00%	0.00%
IVVB iShares Large Cap Deep Buffer ETF	1.18%	1.22%	0.87%

Frequently Asked Questions

Can I hold both GOCT and IVVB in my portfolio?

With a correlation of 0.90, GOCT and IVVB 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 is riskier, GOCT or IVVB?

IVVB has higher volatility (1.74%) compared to GOCT (1.60%). In terms of maximum drawdown, GOCT dropped -10.47% vs IVVB's -13.08%.

Which ETF is better, GOCT or IVVB?

On 1-year performance, GOCT leads with 14.86% vs 12.68% for IVVB. On fees, IVVB is cheaper at 0.50% per year. On volatility, GOCT has been the lower-risk option at 1.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOCT or IVVB?

Over the 1-year period, GOCT has performed better with a 14.86% return vs 12.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOCT or IVVB?

IVVB is cheaper with a 0.50% expense ratio, compared with 0.85% for GOCT.

Which ETF pays a higher dividend yield, GOCT or IVVB?

IVVB has the higher dividend yield at 1.18%, compared with 0.00% for GOCT.

What is the main difference between GOCT and IVVB?

They also come from different issuers: FT Vest and iShares. Their fees differ too: 0.85% for GOCT and 0.50% for IVVB.

Which has better risk-adjusted returns?

GOCT currently has the higher Sharpe Ratio (2.46 vs 1.72), 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.