FT Vest U.S. Small Cap Moderate Buffer ETF - November
$27.38+0.06 (+0.22%)
- 0.90%
- $112M
- +8.4%
- 8.45K sh
- $27.08
- low $23.39high $27.63
The ETF.net SNOV Grade
D
Score 29 out of 100
- 19 of 21
Score 29 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.F3 out of 100Rank 20 of 21Mission
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.D28 out of 100Rank 19 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A70 out of 100Rank 4 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C49 out of 100Rank 5 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 6 of 21
Our read on SNOV
In short
DA buffer built on small caps, not the S&P 500. It uses options on the Russell 2000 to absorb the first 15% of a year's losses, with upside capped at a level set each November when the period resets.
Stated mandate
The Fund seeks to match the price return of the iShares Russell 2000 ETF, subject to an upside cap, while buffering the first 15% of losses over its stated target outcome period.
Why people hold it
Worth knowing
SNOV Holdings
- Other
- 3
- 101%
- 2026-11-20 iShares Russell 2000 ETF C 2.36
Sectors
- Health Care20.9%
- Financials18.0%
- Technology14.4%
- Industrials13.4%
- Consumer Discretionary8.6%
- Real Estate6.5%
- Energy6.3%
- Materials4.3%
- Utilities2.7%
- Consumer Staples2.6%
- Communication2.3%
SNOV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
SNOV$10,837
Returns run to the Oct 20, 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 | SNOV |
|---|---|
| Year to date | +10.5% |
| 1 month | −0.4% |
| 3 months | +0.8% |
| 1 year | +8.4% |
| 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 | SNOV |
|---|---|---|
| 2026 YTD | +10.5% | |
| 2025 | +7.0% | |
| 2024 | +9.2% | |
| 2023 | +5.6% |
SNOV in the news
SNOV Dividends
No distributions in the last 12 months.
SNOV Risk
- 8.2%
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.
- 0.82
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.
- −15.3%
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.
- 0.57
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SNOV Cost
0.90%
SNOV0.90%
- Middle half of Russell 2000 Buffer 15% funds
- Median 0.74%
12 of the 14 Russell 2000 Buffer 15% funds charge less.
Other funds in Russell 2000 Buffer 15%
- CRBProShares Russell 2000 Dynamic Buffer ETFExpense ratio 0.58%1 year return +13.4%
- CSCJLCorgi U.S. Small-Cap 15% Structured Buffer ETF - July SeriesExpense ratio 0.30%1 year return —
- CSCJNCorgi U.S. Small-Cap 15% Structured Buffer ETF - June SeriesExpense ratio 0.30%1 year return —
- CSCMYCorgi U.S. Small-Cap 15% Structured Buffer ETF - May SeriesExpense ratio 0.30%1 year return —
- DSMAYFT Vest U.S. Small Cap Moderate Buffer ETF - MayExpense ratio 0.90%1 year return +7.7%