UXOC vs. NFTY

Last updated Jul 14, 2026

UXOC (FT Vest U.S. Equity Uncapped Accelerator ETF - October) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - UXOC is a Defined Outcome fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. UXOC is actively managed, while NFTY is passively managed. Over the past year, UXOC returned 21.53% vs -7.96% for NFTY. At a 0.40 correlation, their price movements are largely independent. UXOC charges 0.85%/yr vs 0.80%/yr for NFTY.

Performance

UXOC vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - October (UXOC) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXOC achieves a 10.39% return, which is significantly higher than NFTY's -7.65% return.

UXOC

• 1D: -0.76%
• 1M: 1.19%
• 6M: 8.17%
• YTD: 10.39%
• 1Y: 21.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFTY

• 1D: -0.54%
• 1M: 1.23%
• 6M: -7.33%
• YTD: -7.65%
• 1Y: -7.96%
• 3Y*: 4.78%
• 5Y*: 5.61%
• 10Y*: 7.60%

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

UXOC vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UXOC FT Vest U.S. Equity Uncapped Accelerator ETF - October	10.39%	17.29%	0.01%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-7.65%	5.47%	-9.08%

Correlation

The correlation between UXOC and NFTY is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Oct 21, 2024	0.40

Return for Risk

UXOC vs. NFTY — Risk / Return Rank

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

UXOC

UXOC Risk / Return Rank: 57
UXOC Sharpe Ratio Rank: 57
UXOC Sortino Ratio Rank: 55
UXOC Omega Ratio Rank: 56
UXOC Calmar Ratio Rank: 55
UXOC Martin Ratio Rank: 64

NFTY

NFTY Risk / Return Rank: 4
NFTY Sharpe Ratio Rank: 5
NFTY Sortino Ratio Rank: 4
NFTY Omega Ratio Rank: 4
NFTY Calmar Ratio Rank: 5
NFTY Martin Ratio Rank: 3

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.

UXOC vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - October (UXOC) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	UXOC	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	1.55	-0.54	+2.09
Sortino ratio: Return per unit of downside risk	2.13	-0.73	+2.86
Omega ratio: Gain probability vs. loss probability	1.27	0.92	+0.35
Calmar ratio: Return relative to maximum drawdown	2.20	-0.50	+2.70
Martin ratio: Return relative to average drawdown	9.01	-1.18	+10.20

UXOC vs. NFTY - Sharpe Ratio Comparison

The current UXOC Sharpe Ratio is 1.55, which is higher than the NFTY Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of UXOC and NFTY, 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

UXOC vs. NFTY - Drawdown Comparison

The maximum UXOC drawdown since its inception was -19.93%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for UXOC and NFTY.

Drawdown Indicators

	UXOC	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-19.93%	-47.67%	+27.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.81%	-16.14%	+6.33%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.67%	—
Current Drawdown Current decline from peak	-1.62%	-15.58%	+13.96%
Average Drawdown Average peak-to-trough decline	-2.72%	-9.62%	+6.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	6.73%	-4.33%

Volatility

UXOC vs. NFTY - Volatility Comparison

FT Vest U.S. Equity Uncapped Accelerator ETF - October (UXOC) has a higher volatility of 4.60% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.74%. This indicates that UXOC's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UXOC	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	3.74%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	11.00%	12.64%	-1.64%
Volatility (1Y) Calculated over the trailing 1-year period	14.01%	14.74%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.92%	17.41%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	20.65%	-2.73%

UXOC vs. NFTY - Expense Ratio Comparison

UXOC has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.

Dividends

UXOC vs. NFTY - Dividend Comparison

UXOC has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.92%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%
UXOC FT Vest U.S. Equity Uncapped Accelerator 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%

Frequently Asked Questions

Can I hold both UXOC and NFTY in my portfolio?

UXOC and NFTY have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UXOC or NFTY?

UXOC has higher volatility (4.60%) compared to NFTY (3.74%). In terms of maximum drawdown, UXOC dropped -19.93% vs NFTY's -47.67%.

Which ETF is better, UXOC or NFTY?

On 1-year performance, UXOC leads with 21.53% vs -7.96% for NFTY. On fees, NFTY is cheaper at 0.80% per year. On volatility, NFTY has been the lower-risk option at 3.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UXOC or NFTY?

Over the 1-year period, UXOC has performed better with a 21.53% return vs -7.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UXOC or NFTY?

NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for UXOC.

Which ETF pays a higher dividend yield, UXOC or NFTY?

NFTY has the higher dividend yield at 1.92%, compared with 0.00% for UXOC.

What is the main difference between UXOC and NFTY?

UXOC is categorized as Defined Outcome, while NFTY is India Equities. Their fees differ too: 0.85% for UXOC and 0.80% for NFTY.

Which has better risk-adjusted returns?

UXOC currently has the higher Sharpe Ratio (1.55 vs -0.54), 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.