FT Cboe Vest U.S. Equity Deep Buffer ETF - April (DAPR) Performance
DAPR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.1% since Dec 31, 2025
- 1 year
- +7.8% total return
- 5 years
- +6.0% a year
- Since first price
- +6.2% a year since 2021
DAPR trailing returns vs SPY, QQQ, AGG
| Period | DAPR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.4% | +2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.6% | +4.6% | +7.8% | +8.4% | −1.5% |
| YTD | +6.1% | +6.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.8% | +7.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +38.7%+11.5%/yr | +38.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.9%+6.0%/yr | +33.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 19, 2021 | +39.1%+6.2%/yr | +39.1% | — | — | — |
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: DAPR vs SPY
From Apr 19, 2021: DAPR grew to $13,906, SPY to $19,696.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DAPR returns by calendar year
3 of 4 full years positive. Best 2024 (+15.0%), worst 2022 (−6.8%). 2026 is year to date.
DAPR annual returns table
| Year | DAPR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.1% | −1.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.7% | −10.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.0% | −3.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.8% | −4.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.8% | −10.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DAPR largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −10.5% | Apr 8, 2025 | Jul 23, 2025 | 48 days | 5 months |
| Apr 4, 2022 | −10.4% | Sep 30, 2022 | Dec 12, 2023 | 6 months | 1.7 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DAPR risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +11.3% | +6.4% | +6.2% |
| Volatility (annualized) | 4.8% | 6.6% | 6.4% |
| Sharpe ratio | 1.38 | 0.44 | 0.47 |
| Sortino ratio | 2.72 | 0.65 | 0.70 |
| Best month | +5.7% | +5.7% | +5.7% |
| Worst month | −3.0% | −4.4% | −4.4% |
| Best 12 months | +21.6% | +21.6% | +21.6% |
| Worst 12 months | +4.8% | −6.8% | −6.8% |
| Positive months | 83% | 70% | 71% |
| Beta vs S&P 500 | 0.27 | 0.37 | — |
| Correlation with S&P 500 | 0.71 | 0.88 | — |
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.
DAPR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 55 | −6.8% | +6.7% | +21.6% | 78% |
| 3-year (a year) | 31 | +3.9% | +8.7% | +11.7% | 100% |
| 5-year (a year) | 7 | +5.9% | +6.0% | +6.4% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
DAPR performance overview
FT Cboe Vest U.S. Equity Deep Buffer ETF - April (DAPR) returned +7.8% over the past year and +6.0% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +6.2% a year, turning $10,000 into about $13,906. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.5%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. DAPR finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+15.0%) and the worst 2022 (−6.8%). Volatility has been 6.4% a year.
Related: DAPR chart. See the DAPR overview for the latest quote and fund facts.
DAPR performance FAQ
What is the DAPR return over the past year?
DAPR returned +7.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.8%.
What is the average annual return of DAPR?
DAPR has returned +6.0% a year over 5 years, +6.2% a year since April 19, 2021 (total return, distributions reinvested).
How much would $10,000 invested in DAPR be worth?
$10,000 invested in DAPR at its first recorded close on April 19, 2021 would be worth about $13,906 on October 23, 2026 with distributions reinvested.
What was the worst year for DAPR?
The worst calendar year was 2022, with a total return of −6.8%. The best was 2024 at +15.0%.
What is the biggest drawdown of DAPR?
The largest peak-to-trough decline was −10.5% between February 19, 2025 and April 8, 2025. It recovered to the old high on July 23, 2025, 3 months after the bottom.
How volatile is DAPR?
Over the past 3 years DAPR had an annualized volatility of 4.8% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).