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SPXC vs. FOCT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPXC vs. FOCT

Last updated Jun 4, 2026

SPXC (SPX Corporation) is a stock, while FOCT (FT Vest U.S. Equity Buffer ETF - October) is Defined Outcome fund actively managed by FT Vest. Over the past 5 years, SPXC returned 30.27%/yr vs 9.14%/yr for FOCT. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

SPXC vs. FOCT - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, SPXC achieves a 17.00% return, which is significantly higher than FOCT's 6.65% return.

SPXC

1D
1.74%
1M
16.39%
YTD
17.00%
6M
11.70%
1Y
48.13%
3Y*
41.80%
5Y*
30.27%
10Y*
30.94%

FOCT

1D
-0.23%
1M
2.64%
YTD
6.65%
6M
7.15%
1Y
20.11%
3Y*
12.77%
5Y*
9.14%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPXC vs. FOCT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
SPXC
SPX Corporation		17.00%37.48%44.06%53.86%10.00%9.42%10.43%
FOCT
FT Vest U.S. Equity Buffer ETF - October		6.65%14.92%9.62%17.81%-7.59%13.13%6.38%

Correlation

The correlation between SPXC and FOCT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.48

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

0.51

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

0.55

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2020

0.55

The correlation between SPXC and FOCT has been stable across timeframes, ranging from 0.48 to 0.55 - 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.

SPX Corporation

FT Vest U.S. Equity Buffer ETF - October

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

Return for Risk

SPXC vs. FOCT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPXC
SPXC Risk / Return Rank: 7575
Overall Rank
SPXC Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
SPXC Sortino Ratio Rank: 7575
Sortino Ratio Rank
SPXC Omega Ratio Rank: 7272
Omega Ratio Rank
SPXC Calmar Ratio Rank: 7575
Calmar Ratio Rank
SPXC Martin Ratio Rank: 7676
Martin Ratio Rank
FOCT
FOCT Risk / Return Rank: 7979
Overall Rank
FOCT Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
FOCT Sortino Ratio Rank: 8181
Sortino Ratio Rank
FOCT Omega Ratio Rank: 8181
Omega Ratio Rank
FOCT Calmar Ratio Rank: 7070
Calmar Ratio Rank
FOCT Martin Ratio Rank: 8484
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.

SPXC vs. FOCT - Risk-Adjusted Trends Comparison

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

SPXCFOCTDifference
Sharpe ratioReturn per unit of total volatility
1.33
2.53

-1.20

Sortino ratioReturn per unit of downside risk
2.01
3.64

-1.63

Omega ratioGain probability vs. loss probability

1.25

1.49

-0.25

Calmar ratioReturn relative to maximum drawdown

2.09

3.52

-1.43

Martin ratioReturn relative to average drawdown

5.36

17.32

-11.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPXC vs. FOCT - Sharpe Ratio Comparison

The current SPXC Sharpe Ratio is 1.33, which is lower than the FOCT Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of SPXC and FOCT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SPXCFOCTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

2.53

-1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.87

0.83

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.98

-0.64

Drawdowns

SPXC vs. FOCT - Drawdown Comparison

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

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Drawdown Indicators

SPXCFOCTDifference

Max Drawdown

Largest peak-to-trough decline

-81.12%

-14.07%

-67.05%

Max Drawdown (1Y)

Largest decline over 1 year

-23.15%

-5.74%

-17.41%

Max Drawdown (3Y)

Largest decline over 3 years

-33.54%

-13.06%

-20.48%

Max Drawdown (5Y)

Largest decline over 5 years

-38.32%

-14.07%

-24.25%

Max Drawdown (10Y)

Largest decline over 10 years

-50.26%

—

—

Current Drawdown

Current decline from peak

-3.69%

-0.23%

-3.46%

Average Drawdown

Average peak-to-trough decline

-29.03%

-2.25%

-26.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.01%

1.16%

+7.85%

Volatility

SPXC vs. FOCT - Volatility Comparison

SPX Corporation (SPXC) has a higher volatility of 11.14% compared to FT Vest U.S. Equity Buffer ETF - October (FOCT) at 1.22%. This indicates that SPXC's price experiences larger fluctuations and is considered to be riskier than FOCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPXCFOCTDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.14%

1.22%

+9.92%

Volatility (6M)

Calculated over the trailing 6-month period

27.62%

5.94%

+21.68%

Volatility (1Y)

Calculated over the trailing 1-year period

36.33%

7.99%

+28.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.12%

11.07%

+24.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.45%

10.89%

+26.56%

Dividends

SPXC vs. FOCT - Dividend Comparison

Neither SPXC nor FOCT 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

SPXC and FOCT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPXC has higher volatility (11.14%) compared to FOCT (1.22%). In terms of maximum drawdown, SPXC dropped -81.12% vs FOCT's -14.07%.

FOCT currently has the higher Sharpe Ratio (2.53 vs 1.33), 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.

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