DV
Dividend Vision

NOVM — FT Vest U.S. Equity Max Buffer ETF – November

FT Vest U.S. Equity Max Buffer ETF – November (NOVM)

NOVM pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 11.8% over the past 1.7 years, 22.9 points behind SPY at 34.7%. Its deepest 1-year drawdown was 1.5%.

FT Vest U.S. Equity Max Buffer ETF – November is an ETF that invests substantially all of its assets in FLEX Options referencing an underlying equity ETF, designed to provide buffered equity exposure with defined risk parameters. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.85%. This fund may appeal to equity investors seeking defined-risk strategies with downside protection rather than current income.

NOVM key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
11/14/2024
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$34.09
AUM
$28,037,222
Average volume
562.0
Beta
0.1523
P/E ratio
26.2793