GOCT vs XNOV
FT Vest US Equity Moderate Buffer ETF - October vs FT Vest US Equity Enhance & Moderate Buffer ETF - November
Which is better, GOCT or XNOV?
Each has led over a different period.
GOCT led over 3Y and the full window, XNOV over 1Y. The two have moved almost in lockstep, correlation 0.94.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GOCT | XNOV |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $450M | $25M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 16 | 12 |
| YTD Return | +9.10%Best | +7.66% |
| 1Y Return | +9.99% | +10.33%Best |
| 3Y Return (annualized) | +11.26%Best | +9.96% |
| Volatility (annualized) | 5.3% | 4.1%Best |
| Max Drawdown | -10.5% | -10.0%Best |
| $10,000 over 3 years | $13,603Best | $13,295 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 20, 2023 | Nov 17, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Nov 20, 2023 to Nov 11, 2026 (3 years).
GOCT vs XNOV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
GOCT vs XNOV Performance
FT Vest US Equity Moderate Buffer ETF - October (GOCT) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Enhance & Moderate Buffer ETF - November (XNOV) is an ETF from First Trust Portfolios (US). Over the past year GOCT returned +9.99% while XNOV returned +10.33%. Year to date, GOCT is up 9.10% versus a gain of 7.66% for XNOV.
Over three years, GOCT compounded at +11.26% per year against +9.96% for XNOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOCT has been the more volatile fund, with annualized monthly volatility of 5.3% compared with 4.1% for XNOV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -10.5% for GOCT and -10.0% for XNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GOCT charges 0.85% per year while XNOV charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, GOCT currently yields 0.00% against 0.00% for XNOV.
You are not choosing between two funds in isolation.
Whichever of GOCT and XNOV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GOCT or XNOV?
GOCT has an expense ratio of 0.85% while XNOV charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, GOCT or XNOV?
Over the past year GOCT returned +9.99% vs +10.33% for XNOV, so XNOV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOCT or XNOV?
GOCT has been the more volatile fund at 5.3% annualized versus 4.1% for XNOV. Worst drawdown: GOCT -10.5% vs XNOV -10.0%.
Should I hold both GOCT and XNOV?
GOCT and XNOV have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, GOCT or XNOV?
GOCT yields 0.00% while XNOV yields 0.00%, so XNOV currently pays the higher dividend yield.
Is XNOV better than GOCT?
GOCT led over 3Y and the full window, XNOV over 1Y. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.