GOCT vs. SPY
Compare and contrast key facts about FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) and SPDR S&P 500 ETF (SPY).
GOCT and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOCT is an actively managed fund by FT Vest. It was launched on Oct 19, 2023. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOCT or SPY.
Correlation
The correlation between GOCT and SPY is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GOCT vs. SPY - Performance Comparison
Key characteristics
GOCT:
2.05
SPY:
1.88
GOCT:
2.89
SPY:
2.53
GOCT:
1.49
SPY:
1.35
GOCT:
4.80
SPY:
2.83
GOCT:
19.16
SPY:
11.74
GOCT:
0.46%
SPY:
2.02%
GOCT:
4.28%
SPY:
12.64%
GOCT:
-1.83%
SPY:
-55.19%
GOCT:
-0.25%
SPY:
-0.42%
Returns By Period
In the year-to-date period, GOCT achieves a 2.34% return, which is significantly lower than SPY's 4.15% return.
GOCT
2.34%
0.79%
4.05%
8.84%
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GOCT vs. SPY - Expense Ratio Comparison
GOCT has a 0.85% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GOCT vs. SPY — Risk-Adjusted Performance Rank
GOCT
SPY
GOCT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) and SPDR S&P 500 ETF (SPY). 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
GOCT vs. SPY - Dividend Comparison
GOCT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOCT FT Cboe Vest U.S. Equity Moderate 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% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GOCT vs. SPY - Drawdown Comparison
The maximum GOCT drawdown since its inception was -1.83%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GOCT and SPY. For additional features, visit the drawdowns tool.
Volatility
GOCT vs. SPY - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) is 1.49%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that GOCT experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.