FT Vest U.S. Equity Enhance & Moderate Buffer ETF - October
$40.47+0.01 (+0.02%)
- 0.85%
- $40M
- +9.7%
- 0M sh
- $40.46
- low $36.64high $40.51
The ETF.net XOCT Grade
C
Score 45 out of 100
- 27 of 61
Score 45 of 100 falls in the C 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.F13 out of 100Rank 47 of 61Mission
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.C52 out of 100Rank 22 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A84 out of 100Rank 1 of 59Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 4 of 33Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 26 of 61
Our read on XOCT
CMost buffer funds hand over upside to buy protection. This one leans the other way: roughly 2x the price move of the S&P 500 ETF it references, up to a yearly cap, with the first 15% of losses cushioned. October is its reset month.
The Fund seeks approximately twice the positive price return of the State Street® SPDR® S&P 500® ETF Trust, subject to a 10.26% upside cap and protection against the first 15% of losses during the current outcome period.
Why people hold it
- Double-speed upside, not half: the fund aims for about twice the positive price return of its S&P 500 ETF reference, up to a cap set for each one-year period.cboe.com
- The first 15% of reference losses is absorbed over the outcome period, so ordinary market chop lands on the buffer before it lands on you.ftportfolios.com
- The rules are written in advance. FLEX options on the S&P 500 ETF lock the cap and buffer for the October-to-October stretch, so the terms are known before you commit.cboe.com
- One rung of a 12-month ladder: First Trust runs an Enhance & Moderate Buffer fund for every calendar month, and this is the October start line.ftportfolios.com
Worth knowing
- 0.85% a year runs above the typical fee in its buffer peer group, and laddered rivals like BUFF charge a fraction of that.
- Upside has two ceilings: gains stop at the period's cap, and the mandate follows price return, so the reference ETF's dividends don't flow through.
- Built for full-period holders and thinly traded. Buy partway through the October cycle and your effective cap and remaining cushion differ from the headline terms.
XOCT Holdings
- Other
- 4
- 122%
- 2026-10-16 State Street® SPDR® S&P 500® ETF Trust C 6.65
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
XOCT 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.
XOCT$10,968
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 | XOCT |
|---|---|
| Year to date | +7.2% |
| 1 month | +0.5% |
| 3 months | +1.9% |
| 1 year | +9.7% |
| 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 | XOCT |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +10.3% | |
| 2024 | +7.0% | |
| 2023 | +5.6% |
XOCT in the news
XOCT Dividends
No distributions in the last 12 months.
XOCT Risk
- 4.6%
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.
- 1.21
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.
- −10.0%
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.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XOCT Cost
0.85%
XOCT0.85%
- The middle half of S&P 500 Buffer 15% funds
- Median 0.79%
36 of the 51 S&P 500 Buffer 15% funds charge less.
Other funds in S&P 500 Buffer 15%
- CPDECInnovator U.S. Equity Power Buffer ETFExpense ratio 0.79%1 year return +14.4%
- CPFEBInnovator U.S. Equity Power Buffer ETFExpense ratio 0.79%1 year return +13.4%
- CGJUNFT Vest U.S. Equity Moderate Buffer ETF - JuneExpense ratio 0.85%1 year return +9.9%
- CGMARFT Vest U.S. Equity Moderate Buffer ETF - MarchExpense ratio 0.85%1 year return +14.0%
- CGAPRFT Vest U.S. Equity Moderate Buffer ETF - AprilExpense ratio 0.85%1 year return +9.8%