XIDE vs. IVVB

Last updated Jun 6, 2026

XIDE (FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December) and IVVB (iShares Large Cap Deep Buffer ETF) are both Options Trading funds. Both are actively managed. Over the past year, XIDE returned 7.39% vs 13.77% for IVVB. A 0.75 correlation means they provide meaningful diversification when combined. XIDE charges 0.85%/yr vs 0.50%/yr for IVVB.

Performance

XIDE vs. IVVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE) and iShares Large Cap Deep Buffer ETF (IVVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XIDE achieves a 2.82% return, which is significantly lower than IVVB's 3.73% return.

XIDE

• 1D: -0.35%
• 1M: 0.40%
• YTD: 2.82%
• 6M: 3.29%
• 1Y: 7.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVVB

• 1D: -0.88%
• 1M: 0.42%
• YTD: 3.73%
• 6M: 3.31%
• 1Y: 13.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XIDE vs. IVVB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XIDE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December	2.82%	6.89%	6.63%	0.28%
IVVB iShares Large Cap Deep Buffer ETF	3.73%	9.60%	18.66%	0.05%

Correlation

The correlation between XIDE and IVVB is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (All Time) Calculated using the full available price history since Dec 19, 2023	0.75

The correlation between XIDE and IVVB has been stable across timeframes, ranging from 0.75 to 0.77 - a consistent structural relationship.

XIDE vs. IVVB - Sectors Allocation Comparison

Sectors	XIDE	IVVB
Technology	36.2%	35.6%
Financial Services	11.9%	11.8%
Communication Services	10.9%	11.2%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.5%
Industrials	8.1%	8.3%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.4%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

XIDE vs. IVVB — Risk / Return Rank

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

XIDE

XIDE Risk / Return Rank: 85
XIDE Sharpe Ratio Rank: 83
XIDE Sortino Ratio Rank: 90
XIDE Omega Ratio Rank: 94
XIDE Calmar Ratio Rank: 67
XIDE Martin Ratio Rank: 90

IVVB

IVVB Risk / Return Rank: 57
IVVB Sharpe Ratio Rank: 58
IVVB Sortino Ratio Rank: 57
IVVB Omega Ratio Rank: 61
IVVB Calmar Ratio Rank: 51
IVVB Martin Ratio Rank: 60

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.

XIDE vs. IVVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE) and iShares Large Cap Deep Buffer ETF (IVVB). 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.

	XIDE	IVVB	Difference
Sharpe ratio: Return per unit of total volatility	2.55	1.89	+0.66
Sortino ratio: Return per unit of downside risk	3.98	2.63	+1.35
Omega ratio: Gain probability vs. loss probability	1.64	1.36	+0.28
Calmar ratio: Return relative to maximum drawdown	3.11	2.41	+0.71
Martin ratio: Return relative to average drawdown	19.26	10.33	+8.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XIDE vs. IVVB - Sharpe Ratio Comparison

The current XIDE Sharpe Ratio is 2.55, which is higher than the IVVB Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of XIDE and IVVB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XIDE	IVVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	1.89	+0.66
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	1.27	+0.06

Drawdowns

XIDE vs. IVVB - Drawdown Comparison

The maximum XIDE drawdown since its inception was -6.61%, smaller than the maximum IVVB drawdown of -13.08%. Use the drawdown chart below to compare losses from any high point for XIDE and IVVB.

Drawdown Indicators

	XIDE	IVVB	Difference
Max Drawdown Largest peak-to-trough decline	-6.61%	-13.08%	+6.47%
Max Drawdown (1Y) Largest decline over 1 year	-2.38%	-5.75%	+3.37%
Current Drawdown Current decline from peak	-0.35%	-0.95%	+0.60%
Average Drawdown Average peak-to-trough decline	-0.25%	-1.60%	+1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	1.34%	-0.96%

Volatility

XIDE vs. IVVB - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE) is 0.48%, while iShares Large Cap Deep Buffer ETF (IVVB) has a volatility of 1.15%. This indicates that XIDE experiences smaller price fluctuations and is considered to be less risky than IVVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XIDE	IVVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	1.15%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	2.63%	5.56%	-2.93%
Volatility (1Y) Calculated over the trailing 1-year period	2.92%	7.32%	-4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.12%	9.28%	-4.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.12%	9.28%	-4.16%

XIDE vs. IVVB - Expense Ratio Comparison

XIDE has a 0.85% expense ratio, which is higher than IVVB's 0.50% expense ratio.

Dividends

XIDE vs. IVVB - Dividend Comparison

XIDE's dividend yield for the trailing twelve months is around 6.38%, more than IVVB's 1.18% yield.

Position	TTM	2025	2024
IVVB iShares Large Cap Deep Buffer ETF	1.18%	1.22%	0.87%
XIDE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - December	6.38%	6.51%	6.68%

Frequently Asked Questions

Can I hold both XIDE and IVVB in my portfolio?

XIDE and IVVB have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XIDE or IVVB?

IVVB has higher volatility (1.15%) compared to XIDE (0.48%). In terms of maximum drawdown, XIDE dropped -6.61% vs IVVB's -13.08%.

Which ETF is better, XIDE or IVVB?

On 1-year performance, IVVB leads with 13.77% vs 7.39% for XIDE. On fees, IVVB is cheaper at 0.50% per year. On volatility, XIDE has been the lower-risk option at 0.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XIDE or IVVB?

Over the 1-year period, IVVB has performed better with a 13.77% return vs 7.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XIDE or IVVB?

IVVB is cheaper with a 0.50% expense ratio, compared with 0.85% for XIDE.

Which ETF pays a higher dividend yield, XIDE or IVVB?

XIDE has the higher dividend yield at 6.38%, compared with 1.18% for IVVB.

What is the main difference between XIDE and IVVB?

They also come from different issuers: FT Vest and iShares. Their fees differ too: 0.85% for XIDE and 0.50% for IVVB.

Which has better risk-adjusted returns?

XIDE currently has the higher Sharpe Ratio (2.55 vs 1.89), 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.