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GOCT vs. XAPR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GOCT vs. XAPR - 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 FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR). The values are adjusted to include any dividend payments, if applicable.

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GOCT vs. XAPR - Yearly Performance Comparison


Returns By Period

In the year-to-date period, GOCT achieves a -1.69% return, which is significantly lower than XAPR's 1.10% return.


GOCT

1D
1.60%
1M
-2.36%
YTD
-1.69%
6M
0.81%
1Y
12.52%
3Y*
5Y*
10Y*

XAPR

1D
0.22%
1M
0.35%
YTD
1.10%
6M
2.86%
1Y
12.23%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GOCT vs. XAPR - Expense Ratio Comparison

Both GOCT and XAPR have an expense ratio of 0.85%.


Return for Risk

GOCT vs. XAPR — Risk / Return Rank

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

GOCT
GOCT Risk / Return Rank: 7474
Overall Rank
GOCT Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
GOCT Sortino Ratio Rank: 7373
Sortino Ratio Rank
GOCT Omega Ratio Rank: 7878
Omega Ratio Rank
GOCT Calmar Ratio Rank: 6868
Calmar Ratio Rank
GOCT Martin Ratio Rank: 8282
Martin Ratio Rank

XAPR
XAPR Risk / Return Rank: 8888
Overall Rank
XAPR Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
XAPR Sortino Ratio Rank: 8888
Sortino Ratio Rank
XAPR Omega Ratio Rank: 9898
Omega Ratio Rank
XAPR Calmar Ratio Rank: 7676
Calmar Ratio Rank
XAPR Martin Ratio Rank: 9797
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.

GOCT vs. XAPR - 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 FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR). 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.


GOCTXAPRDifference

Sharpe ratio

Return per unit of total volatility

1.26

1.51

-0.25

Sortino ratio

Return per unit of downside risk

1.88

2.48

-0.61

Omega ratio

Gain probability vs. loss probability

1.30

1.66

-0.35

Calmar ratio

Return relative to maximum drawdown

1.79

2.01

-0.22

Martin ratio

Return relative to average drawdown

9.53

18.98

-9.45

GOCT vs. XAPR - Sharpe Ratio Comparison

The current GOCT Sharpe Ratio is 1.26, which is comparable to the XAPR Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of GOCT and XAPR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GOCTXAPRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

1.51

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

1.38

1.78

-0.40

Correlation

The correlation between GOCT and XAPR is 0.80, 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.


Dividends

GOCT vs. XAPR - Dividend Comparison

Neither GOCT nor XAPR has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GOCT vs. XAPR - Drawdown Comparison

The maximum GOCT drawdown since its inception was -10.47%, which is greater than XAPR's maximum drawdown of -6.18%. Use the drawdown chart below to compare losses from any high point for GOCT and XAPR.


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Drawdown Indicators


GOCTXAPRDifference

Max Drawdown

Largest peak-to-trough decline

-10.47%

-6.18%

-4.29%

Max Drawdown (1Y)

Largest decline over 1 year

-7.05%

-6.18%

-0.87%

Current Drawdown

Current decline from peak

-2.87%

0.00%

-2.87%

Average Drawdown

Average peak-to-trough decline

-0.73%

-0.18%

-0.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.32%

0.65%

+0.67%

Volatility

GOCT vs. XAPR - Volatility Comparison

FT Cboe Vest U.S. Equity Moderate Buffer ETF - October (GOCT) has a higher volatility of 3.07% compared to FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) at 0.45%. This indicates that GOCT's price experiences larger fluctuations and is considered to be riskier than XAPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GOCTXAPRDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.07%

0.45%

+2.62%

Volatility (6M)

Calculated over the trailing 6-month period

4.87%

1.19%

+3.68%

Volatility (1Y)

Calculated over the trailing 1-year period

9.98%

8.15%

+1.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.58%

6.41%

+1.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.58%

6.41%

+1.17%