DNOVFT Vest U.S. Equity Deep Buffer ETF - November
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust with a buffer against losses between -5% and -30%.
By First Trust · Launched 2019
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$402M
#1,829 of 6,040 · large
Return (1Y)
+12.8%
Track Record
6 years
#1,985 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,286+12.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 103.4% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 11 C6.58
86.2%
CBOE GLOBAL MARKETS, INC.SPY 11 C6.58
10.4%
CBOE GLOBAL MARKETS, INC.SPY 11 C6.58
2.9%
CBOE GLOBAL MARKETS, INC.SPY 11 P626.08
2.7%
Dreyfus Government Cash Management Funds
0.9%
CBOE GLOBAL MARKETS, INC.SPY 11 P626.08
0.3%
CBOE GLOBAL MARKETS, INC.SPY 11 P626.08
0.0%
CBOE GLOBAL MARKETS, INC.SPY 11 P461.32
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 11 C744.24
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 11 P461.32
-0.1%
Asset allocation
Stocks
99.4%
Cash
0.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.4%Low
Year-on-year price swings
Max drawdown
-15.2%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
1.11Strong risk-adjusted returns
Sortino (3Y)
1.63Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust with a buffer against losses between -5% and -30%.
- Strategy
- Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against losses between -5% and -30% while matching returns up to a cap of 12.93%. The strategy employs a target outcome approach for the specified period.
- Inception date
- November 15, 2019
- Fund family
- First Trust
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Data updated on 2026-09-18