FT Vest U.S. Equity Max Buffer ETF - April (APXM) Performance

Cboe BZX: APXMTotal returns, calendar years, drawdowns and risk since 2025.

APXM total return

Distributions reinvested · as of Oct 23, 2026
YTD
+3.7%
since Dec 31, 2025
1 year
+4.7%
total return
Since first price
+9.3%
since 2025

APXM trailing returns vs SPY, QQQ, AGG

APXM trailing returns
PeriodAPXM total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.2%+0.2%−1.0%−5.0%+0.9%
3 months+1.6%+1.6%+3.2%+1.9%−0.4%
6 months+2.7%+2.7%+7.8%+8.4%−1.5%
YTD+3.7%+3.7%+12.3%+15.1%−1.0%
1 year+4.7%+4.7%+14.4%+15.9%−1.1%
Since inceptionApr 21, 2025+9.3%+9.3%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: APXM vs SPY

APXMS&P 500 (SPY)

From Apr 21, 2025: APXM grew to $10,932, SPY to $15,034.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

APXM returns by calendar year

APXMSPY

2026 is year to date.

APXM annual returns table

APXM calendar-year returns
YearAPXMLargest dropSPYQQQAGG
2026YTD+3.7%−0.6%+12.3%+15.1%−1.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

APXM risk statistics

APXM risk statistics
StatisticSince 2025
Annualized return+5.5%
Volatility (annualized)0.8%
Sharpe ratio2.14
Sortino ratio5.42
Best month+0.8%
Worst month−0.1%
Best 12 months+5.7%
Worst 12 months+4.7%
Positive months94%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

APXM rolling returns

APXM rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year7+4.6%+4.9%+5.7%100%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

APXM performance overview

FT Vest U.S. Equity Max Buffer ETF - April (APXM) returned +4.7% over the past year, with distributions reinvested. Since its first recorded price on Apr 21, 2025 it has returned +9.3%. Over the same year S&P 500 (SPY) returned +14.4%.

Related: APXM chart. See the APXM overview for the latest quote and fund facts.

APXM performance FAQ

What is the APXM return over the past year?

APXM returned +4.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.7%.

How much would $10,000 invested in APXM be worth?

$10,000 invested in APXM at its first recorded close on April 21, 2025 would be worth about $10,932 on October 23, 2026 with distributions reinvested.

How volatile is APXM?

Over the past history APXM had an annualized volatility of 0.8% and a Sharpe ratio of 2.14 (excess return over 1–3 month T-bills per unit of risk).