DV
Dividend Vision

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

FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - November (XNOV)

XNOV pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 30.6% over the past 2.7 years, 46.2 points behind SPY at 76.8%. Its deepest 1-year drawdown was 3.6%.

XNOV is an equity ETF that employs a buffered strategy designed to provide moderate downside protection while maintaining equity exposure to U.S. markets. The fund carries an expense ratio of 0.85% and currently offers no yield, positioning it as a capital appreciation-focused vehicle rather than an income-generating one. This ETF appeals to investors seeking equity market participation with structured risk management features, rather than those prioritizing dividend income.

XNOV key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$40.17
AUM
$22,654,016
Average volume
1699.0
Beta
0.3033
P/E ratio
26.359