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CTAU vs XNOV

Corgi U.S. Equities 30% Structured Buffer ETF - August Series

CTAUCCboe

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

XNOVCCboe

Overlap

Expense ratio

CTAU −0.55pt a year

CTAU0.30%XNOV0.85%

Avg volume · 30D

XNOV 10.6×the volume

CTAU947XNOV10.1K

CTAU vs XNOV Performance

Sep 30, 2026 – Oct 30, 2026

−0.4%CTAU+0.4%XNOV

Sep 30, 2026 to Oct 30, 2026. CTAU −0.4%. XNOV +0.4%. Use the arrow keys to read each point.0%0.75%1%1.25%Sep 30Oct 15Oct 30
Expense ratio
CTAU 0.30%, better
XNOV 0.85%
Fund size
CTAU $1M
XNOV $25M
1Y total return
CTAU No data
XNOV +10.2%
Holdings
CTAU 4
XNOV 4
Avg volume (30D)
CTAU 947 sh
XNOV 10.1K sh, better
NAV per share
CTAU $25.14
XNOV $40.66
52W range

ETF.net Grade

CTAU: Cost 92, Risk 45, Mission not scored, Tradability 10, Holdings not scored, Durability 8. XNOV: Cost 40, Risk 53, Mission not scored, Tradability 73, Holdings 66, Durability 38.
Pillar letters and Scores for CTAU, XNOV, with each pillar’s weight
PillarCTAUXNOV
Cost30% weightA92HigherC40
Mission25% weightNot scoredNot scored
Risk15% weightC45C53Higher
Tradability15% weightF10A73Higher
Holdings10% weightNot scoredB66
Durability5% weightF8D38Higher

Rank among S&P 500 Accelerated, 15% Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CTAU and XNOV are both graded against the same 7 S&P 500 Accelerated, 15% Buffer funds, so their Grades compare head to head.

S&P 500 Accelerated, 15% Buffer⁠

Category · 7 funds
See all 7 ›

XNOV ranks 2nd and CTAU 7th of 7 funds in the S&P 500 Accelerated, 15% Buffer Category.

  1. Rank 1BXMARFT Vest U.S. Equity Enhance & Moderate Buffer ETF - MarchScore 54
  2. Rank 2CXNOVFT Vest U.S. Equity Enhance & Moderate Buffer ETF - NovemberScore 52
  3. Rank 3CXSEPFT Vest U.S. Equity Enhance & Moderate Buffer ETF - SeptemberScore 51
  4. Rank 6CXDECFT Vest U.S. Equity Enhance & Moderate Buffer ETF - DecemberScore 44
  5. Rank 7CCTAUCorgi U.S. Equities 30% Structured Buffer ETF - August SeriesScore 40

Our read on each fund

ETF.net Research

CTAUCCorgi U.S. Equities 30% Structured Buffer ETF - August Series

XNOVCFT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

In short

CTAU No data

XNOV Most upside-boosted funds pay for the boost by dropping downside cover. XNOV runs both at once: roughly twice the price gain of the big S&P 500 ETF up to a cap, plus a 15% buffer, on a November-to-November clock that resets each year.

Stated mandate

CTAU No data

XNOV The Fund seeks approximately twice the positive price return of the State Street® SPDR® S&P 500® ETF Trust, subject to an 11.06% upside cap, while protecting against the first 15% of losses during its November 2025–November 2026 outcome period.

Why people hold it

CTAU No data

  • XNOV Two-sided design: it aims for about twice the reference S&P 500 ETF's price gain up to a cap while absorbing the first 15% of losses across the outcome period.
  • The payoff is written in FLEX options on the SPDR S&P 500 ETF Trust, so the terms are defined in the fund's documents up front, not left to a manager's judgment.ftportfolios.com
  • One of a monthly series running the same recipe on different calendars (XMAR, XJUN, XDEC), so the 2x-plus-15%-buffer structure isn't tied to a single start date.
  • Terms are mechanical and repeat: the doubled upside and 15% buffer carry into each new period, with a fresh cap struck every November since the 2023 launch.

Worth knowing

CTAU No data

  • XNOV The fee is 0.85%, above the 0.79% typical in its accelerated-buffer peer group. Structured payoffs cost more than plain index exposure.
  • It's thinly traded, so spreads and order handling matter more here than with mainstream S&P 500 funds.
  • Upside stops at the cap, income isn't part of the design, and the buffer math applies over the full period. Enter mid-period and your own cap and buffer differ from the stated terms.ftportfolios.com

Full CTAU profile⁠

Full XNOV profile⁠

CTAU vs XNOV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CTAU vs XNOV Cost

Overpaying XNOV vs CTAU

$10,050

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CTAU 0.30%

    $6,149

  • XNOV 0.85%

    $16,199

$10,000
30 years

Cost over time

  • CTAU 0.30%
  • XNOV 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XNOV $16,199CTAU $6,149

Year by year

YearCTAUXNOVOverpaying
10$545$1,508$963
20$2,113$5,706$3,593
30$6,149$16,199$10,050

Expense ratio

  • 0.30%CTAU, cheaper
  • 0.85%XNOV
  • Middle half of S&P 500 Accelerated, 15% Buffer funds
  • Median 0.85%

CTAU cheapest of 7 funds

XNOV 2nd cheapest of 7 funds

CTAU vs XNOV Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CTAU None
XNOV None

Distribution history

CTAUAll CTAU payments⁠

No distribution history available.

XNOVAll XNOV payments⁠

No distribution history available.

CTAU vs XNOV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CTAU No dataXNOV 4.2%since Dec 2023
Return per unit of riskSharpe ratio, 3 years
CTAU No dataXNOV 1.23since Dec 2023
Worst fallMax drawdown, 5 years
CTAU No dataXNOV −10.0%since Nov 2023
Market sensitivityBeta, 5 years
CTAU 0.00XNOV 0.32

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