XDEC vs. APRB

Last updated Jul 14, 2026

XDEC (FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December) and APRB (Aptus April Buffer ETF) are both Defined Outcome funds. XDEC is passively managed, while APRB is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. XDEC charges 0.85%/yr vs 0.25%/yr for APRB.

Performance

XDEC vs. APRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC) and Aptus April Buffer ETF (APRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XDEC having a 5.04% return and APRB slightly higher at 5.26%.

XDEC

• 1D: -0.06%
• 1M: 0.90%
• 6M: 4.28%
• YTD: 5.04%
• 1Y: 10.25%
• 3Y*: 9.46%
• 5Y*: —
• 10Y*: —

APRB

• 1D: -0.20%
• 1M: 0.77%
• 6M: 4.16%
• YTD: 5.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDEC vs. APRB - Yearly Performance Comparison

	2026 (YTD)	2025
XDEC FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December	5.04%	2.02%
APRB Aptus April Buffer ETF	5.26%	2.48%

Correlation

The correlation between XDEC and APRB is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.84

Return for Risk

XDEC vs. APRB — Risk / Return Rank

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

XDEC

XDEC Risk / Return Rank: 84
XDEC Sharpe Ratio Rank: 85
XDEC Sortino Ratio Rank: 89
XDEC Omega Ratio Rank: 91
XDEC Calmar Ratio Rank: 66
XDEC Martin Ratio Rank: 88

APRB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

XDEC vs. APRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC) and Aptus April Buffer ETF (APRB). 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.

	XDEC	APRB	Difference
Sharpe ratio: Return per unit of total volatility	2.18	—	—
Sortino ratio: Return per unit of downside risk	3.28	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	2.63	—	—
Martin ratio: Return relative to average drawdown	15.02	—	—

Drawdowns

XDEC vs. APRB - Drawdown Comparison

The maximum XDEC drawdown since its inception was -11.75%, which is greater than APRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for XDEC and APRB.

Drawdown Indicators

	XDEC	APRB	Difference
Max Drawdown Largest peak-to-trough decline	-11.75%	-4.59%	-7.16%
Max Drawdown (1Y) Largest decline over 1 year	-3.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.08%	—	—
Current Drawdown Current decline from peak	-0.06%	-0.24%	+0.18%
Average Drawdown Average peak-to-trough decline	-1.62%	-0.68%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	—	—

Volatility

Volatility by Period

	XDEC	APRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.74%	5.80%	-1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.40%	5.80%	+2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.40%	5.80%	+2.60%

XDEC vs. APRB - Expense Ratio Comparison

XDEC has a 0.85% expense ratio, which is higher than APRB's 0.25% expense ratio.

Dividends

XDEC vs. APRB - Dividend Comparison

Neither XDEC nor APRB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEC and APRB in my portfolio?

XDEC and APRB have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEC or APRB?

On fees, APRB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEC or APRB?

APRB is cheaper with a 0.25% expense ratio, compared with 0.85% for XDEC.

Which ETF pays a higher dividend yield, XDEC or APRB?

XDEC and APRB have nearly identical dividend yields, around 0.00%.

What is the main difference between XDEC and APRB?

They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.85% for XDEC and 0.25% for APRB.