

First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - November
$34.34+0.04 (+0.12%)
- 0.85%
- $27M
- +7.0%
- 0M sh
- $34.34
- low $32.16high $34.37
The ETF.net NOVM Grade
Score 36 out of 100
- 19 of 20
Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F21 out of 100Rank 12 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 4 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 13 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 8 of 20
NOVM Holdings
- Other
- 3
- 111%
- 2026-11-20 State Street® SPDR® S&P 500® ETF Trust C 6.57
NOVM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NOVM |
|---|---|
| Year to date | +4.5% |
| 1 month | +0.6% |
| 3 months | +1.5% |
| 1 year | +7.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NOVM |
|---|---|---|
| 2026 YTD | +4.5% | |
| 2025 | +7.6% | |
| 2024 | +0.2% |
NOVM in the news
NOVM Dividends
No distributions in the last 12 months.
NOVM Risk
- 2.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.76
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NOVM Cost
- The middle half of S&P 500 Max Buffer funds
- Median 0.52%
11 of the 20 S&P 500 Max Buffer funds charge less.
Other funds in S&P 500 Max Buffer
- CPMAPPGIM Rock ETF Trust - PGIM S&P 500 Max Buffer ETF - AprilExpense ratio 0.50%1 year return +6.6%
- CPMOCPGIM Rock ETF Trust - PGIM S&P 500 Max Buffer ETF - OctoberExpense ratio 0.50%1 year return +6.9%
- DMAYMFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - MayExpense ratio 0.85%1 year return +5.4%
- CFEBMFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - FebruaryExpense ratio 0.85%1 year return +6.6%
- DJANMFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - JanuaryExpense ratio 0.85%1 year return +6.8%




