FT Cboe Vest U.S. Equity Buffer ETF - October (FOCT) Performance
FOCT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.1% since Dec 31, 2025
- 1 year
- +12.8% total return
- 5 years
- +9.3% a year
- Since first price
- +10.6% a year since 2020
FOCT trailing returns vs SPY, QQQ, AGG
| Period | FOCT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.3% | +4.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.9% | +7.8% | +8.4% | −1.5% |
| YTD | +11.1% | +11.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.8% | +12.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +51.5%+14.9%/yr | +51.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +56.2%+9.3%/yr | +56.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionOct 19, 2020 | +83.5%+10.6%/yr | +83.5% | — | — | — |
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: FOCT vs SPY
From Oct 19, 2020: FOCT grew to $18,346, SPY to $24,093.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FOCT returns by calendar year
4 of 5 full years positive. Best 2023 (+17.8%), worst 2022 (−7.6%). 2026 is year to date.
FOCT annual returns table
| Year | FOCT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.1% | −5.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.9% | −13.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.6% | −2.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.8% | −8.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.6% | −14.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.1% | −2.6% | +28.7% | +27.4% | −1.8% |
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.
FOCT largest drawdowns
Now 1.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 3, 2022 | −14.1% | Oct 12, 2022 | May 26, 2023 | 9 months | 1.4 years |
| Feb 19, 2025 | −13.1% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FOCT risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +14.0% | +9.5% | +11.4% |
| Volatility (annualized) | 7.8% | 10.3% | 10.0% |
| Sharpe ratio | 1.17 | 0.59 | 0.83 |
| Sortino ratio | 2.31 | 0.94 | 1.40 |
| Best month | +6.9% | +6.9% | +7.9% |
| Worst month | −3.8% | −6.3% | −6.3% |
| Best 12 months | +23.3% | +23.3% | +23.3% |
| Worst 12 months | +2.3% | −10.2% | −10.2% |
| Positive months | 72% | 65% | 68% |
| Beta vs S&P 500 | 0.60 | 0.63 | — |
| Correlation with S&P 500 | 0.95 | 0.97 | — |
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.
FOCT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 61 | −10.2% | +11.3% | +23.3% | 82% |
| 3-year (a year) | 37 | +5.9% | +8.1% | +15.5% | 100% |
| 5-year (a year) | 13 | +7.8% | +9.2% | +11.1% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
FOCT performance overview
FT Cboe Vest U.S. Equity Buffer ETF - October (FOCT) returned +12.8% over the past year and +9.3% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +10.6% a year, turning $10,000 into about $18,346. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.1%, from Jan 3, 2022 to Oct 12, 2022, and it took 7 months to get back to the old high. FOCT finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+17.8%) and the worst 2022 (−7.6%). Volatility has been 10.0% a year.
Related: FOCT chart. See the FOCT overview for the latest quote and fund facts.
FOCT performance FAQ
What is the FOCT return over the past year?
FOCT returned +12.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.8%.
What is the average annual return of FOCT?
FOCT has returned +9.3% a year over 5 years, +10.6% a year since October 19, 2020 (total return, distributions reinvested).
How much would $10,000 invested in FOCT be worth?
$10,000 invested in FOCT at its first recorded close on October 19, 2020 would be worth about $18,346 on October 23, 2026 with distributions reinvested.
What was the worst year for FOCT?
The worst calendar year was 2022, with a total return of −7.6%. The best was 2023 at +17.8%.
What is the biggest drawdown of FOCT?
The largest peak-to-trough decline was −14.1% between January 3, 2022 and October 12, 2022. It recovered to the old high on May 26, 2023, 7 months after the bottom.
How volatile is FOCT?
Over the past 3 years FOCT had an annualized volatility of 7.8% and a Sharpe ratio of 1.17 (excess return over 1–3 month T-bills per unit of risk).