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DOCT vs UFEB

FT Vest U.S. Equity Deep Buffer ETF - October

DOCTCCboe

Innovator U.S. Equity Ultra Buffer ETF

UFEBBCboe

Overlap

0.0%by weight

Expense ratio

UFEB −0.06pt a year

DOCT0.85%UFEB0.79%

Avg volume · 30D

UFEB 2.0×the volume

DOCT16.3KUFEB32.8K

5Y return · a year

DOCT +0.7pt

DOCT+8.0%UFEB+7.3%

DOCT vs UFEB Performance

Oct 29, 2021 – Oct 30, 2026

+46.9%DOCT+42.2%UFEB

Oct 29, 2021 to Oct 30, 2026. DOCT +46.9%. UFEB +42.2%. Use the arrow keys to read each point.−10%0%10%20%30%Oct 2021Apr 2024Oct 2026
Expense ratio
DOCT 0.85%
UFEB 0.79%, better
Fund size
DOCT $422M
UFEB $167M
1Y total return
DOCT +9.3%
UFEB +9.7%, better
Holdings
DOCT 3
UFEB 3
Avg volume (30D)
DOCT 16.3K sh
UFEB 32.8K sh, better
NAV per share
DOCT $48.11
UFEB $39.55
52W range

ETF.net Grade

DOCT: Cost 31, Risk 51, Mission not scored, Tradability 61, Holdings 52, Durability 65. UFEB: Cost 67, Risk 64, Mission not scored, Tradability 63, Holdings not scored, Durability 45.
Pillar letters and Scores for DOCT, UFEB, with each pillar’s weight
PillarDOCTUFEB
Cost30% weightD31B67Higher
Mission25% weightNot scoredNot scored
Risk15% weightC51B64Higher
Tradability15% weightB61B63Higher
Holdings10% weightC52Not scored
Durability5% weightB65HigherC45

Rank among S&P 500 Deep Buffer 25-30% funds

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

Same Category. DOCT and UFEB are both graded against the same 19 S&P 500 Deep Buffer 25-30% funds, so their Grades compare head to head.

S&P 500 Deep Buffer 25-30%⁠

Category · 19 funds
See all 19 ›

UFEB ranks 1st and DOCT 14th of 19 funds in the S&P 500 Deep Buffer 25-30% Category.

  1. Rank 1BPSCXPacer Swan SOS Conservative (January) ETFScore 63
  2. Rank 1BUFEBInnovator U.S. Equity Ultra Buffer ETFScore 63
  3. Rank 3BPSCQPacer Swan SOS Conservative (October) ETFScore 60
  4. Rank 12CDSEPFT Vest U.S. Equity Deep Buffer ETF - SeptemberScore 46
  5. Rank 14CDOCTFT Vest U.S. Equity Deep Buffer ETF - OctoberScore 45
  6. Rank 15CDDECFT Vest U.S. Equity Deep Buffer ETF - DecemberScore 44

Our read on each fund

ETF.net Research

DOCTCFT Vest U.S. Equity Deep Buffer ETF - October

UFEBBInnovator U.S. Equity Ultra Buffer ETF

In short

DOCT First Trust runs a dozen near-identical deep-buffer funds, one resetting each month. DOCT is the October slot: a 25-point cushion against losses, a cap on the upside, and the SPDR S&P 500 ETF Trust as its reference.

UFEB No data

Stated mandate

DOCT The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust, subject to a predetermined upside cap, while providing downside protection over the stated October outcome period.

UFEB No data

Why people hold it

  • DOCT Deep, not shallow: the outcome period carries 25 percentage points of downside buffer against the reference fund, versus the 9-to-15 point cushions typical of standard buffer products.
  • One rung on a 12-month ladder. Same recipe resets in every calendar month (DMAR, DJUN, DDEC and the rest), so an October start date is a choice, not a constraint.
  • Fee sits at 0.85%, exactly the median for deep-buffer funds, and the fund has been running resets since its 2020 launch at a multi-hundred-million size.

UFEB No data

Worth knowing

  • DOCT The reference is price return, so S&P 500 dividends do not flow through, and the fund itself has not been paying a distribution.
  • Protection is paid for with a ceiling. A new cap is set each October from market pricing at the reset, and buffer and cap only fully apply if you hold the whole period.
  • Cheaper deep-buffer plumbing exists: the Pacer Swan SOS Conservative funds (PSCX, PSCW, PSCQ) charge 0.49%. DOCT also trades thinly, so spreads deserve a look.

UFEB No data

Full DOCT profile⁠

Full UFEB profile⁠

DOCT vs UFEB Holdings

How DOCT and UFEB differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of DOCT and 0.0% of UFEB.

Level by level

  • Holdings0 in both0.0%
  • Sector11 Sectors98.0%
  • Countryby domicile100%

Sector

Sector weights in DOCT and UFEB, widest gap first
SectorMore in DOCTMore in UFEB
CommunicationUFEB +1.0 points
TechnologyUFEB +0.8 points
Consumer DiscretionaryDOCT +0.4 points
FinancialsDOCT +0.4 points
Health CareDOCT +0.4 points
EnergyDOCT +0.3 points
Consumer StaplesDOCT +0.3 points
IndustrialsUFEB +0.1 points
UtilitiesDOCT +0.1 points
MaterialsUFEB +0.1 points
Real EstateSame weight

Country, concentration and asset class

Country by domicile

Country weights in DOCT and UFEB, widest gap first
CountryMore in DOCTMore in UFEB
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • DOCT102.8%
  • UFEB102.7%

Securities held

  • DOCT2
  • UFEB3

Asset class

DOCT
Multi-Asset
UFEB
Equity

Holdings

  • Only in DOCT2
  • In both0
  • Only in UFEB3

Only in DOCT

2 securities, 100% of DOCT by weight

  • 2027-10-15 State Street® SPDR® S&P 500® ETF Trust C 7.5697.57%
  • 2027-10-15 State Street® SPDR® S&P 500® ETF Trust P 725.094.12%

Only in UFEB

3 securities, 100% of UFEB by weight

  • Spy 01/29/2027 6.89 C101.63%
  • Spy 01/29/2027 657.37 P0.72%
  • Us Bank Mmda - Usbgfs 9 09/01/20370.32%

Weight gaps

DOCT and UFEB share no securities.

All 4 DOCT holdings⁠All 6 UFEB 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.

DOCT vs UFEB Cost

Overpaying DOCT vs UFEB

$1,025

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

  • DOCT 0.85%

    $16,199

  • UFEB 0.79%

    $15,174

$10,000
30 years

Cost over time

  • DOCT 0.85%
  • UFEB 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DOCT $16,199UFEB $15,174

Year by year

YearDOCTUFEBOverpaying
10$1,508$1,405$103
20$5,706$5,331$375
30$16,199$15,174$1,025

Expense ratio

  • 0.85%DOCT
  • 0.79%UFEB, cheaper
  • Middle half of S&P 500 Deep Buffer 25-30% funds
  • Median 0.85%

UFEB 7th cheapest of 19 funds

DOCT 8th cheapest of 19 funds

DOCT vs UFEB Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DOCT None
UFEB None

Distribution history

DOCTAll DOCT payments⁠

No distribution history available.

UFEBAll UFEB payments⁠

No distribution history available.

DOCT vs UFEB Risk

Fall from peak · 5 years

  • DOCT
  • UFEB
Oct 29, 2021 to Oct 30, 2026. Worst fall: DOCT −9.9% · Apr 2025. Use the arrow keys to read each point.−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DOCT 5.9%UFEB 5.9%Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
DOCT 1.23UFEB 1.43, better
Worst fallMax drawdown, 5 years
DOCT −9.9%UFEB −9.0%, better
Market sensitivityBeta, 5 years
DOCT 0.47UFEB 0.46

Popular comparisons

  • DOCTCvsPSCXB

    FT Vest U.S. Equity Deep Buffer ETF - October · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsPSCXB

    Innovator U.S. Equity Ultra Buffer ETF · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.79% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DOCTCvsPSCQB

    FT Vest U.S. Equity Deep Buffer ETF - October · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsPSCQB

    Innovator U.S. Equity Ultra Buffer ETF · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.79% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DOCTCvsDFEBC

    FT Vest U.S. Equity Deep Buffer ETF - October · FT Vest U.S. Equity Deep Buffer ETF - February

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UFEBBvsDFEBC

    Innovator U.S. Equity Ultra Buffer ETF · FT Vest U.S. Equity Deep Buffer ETF - February

    Expense ratio
    0.79% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.