FT Cboe Vest U.S. Equity Enhance & Moderate… (XDEC) Performance
XDEC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.4% since Dec 31, 2025
- 1 year
- +9.1% total return
- 3 years
- +10.2% a year
- Since first price
- +7.9% a year since 2021
XDEC trailing returns vs SPY, QQQ, AGG
| Period | XDEC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.2% | +0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.5% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.0% | +5.0% | +7.8% | +8.4% | −1.5% |
| YTD | +7.4% | +7.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.1% | +9.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +33.9%+10.2%/yr | +33.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 17, 2021 | +44.8%+7.9%/yr | +44.8% | — | — | — |
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: XDEC vs SPY
From Dec 17, 2021: XDEC grew to $14,479, SPY to $17,607.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XDEC returns by calendar year
3 of 4 full years positive. Best 2023 (+14.4%), worst 2022 (−3.4%). 2026 is year to date.
XDEC annual returns table
| Year | XDEC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.4% | −3.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.7% | −10.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.6% | −2.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.4% | −3.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −3.4% | −11.7% | −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.
XDEC largest drawdowns
Now 0.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 29, 2021 | −11.7% | Jun 16, 2022 | Jan 27, 2023 | 6 months | 1.1 years |
| Feb 19, 2025 | −10.1% | Apr 8, 2025 | Jun 3, 2025 | 48 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XDEC risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +10.0% | +7.7% |
| Volatility (annualized) | 4.3% | 6.9% |
| Sharpe ratio | 1.25 | 0.58 |
| Sortino ratio | 2.42 | 0.89 |
| Best month | +4.4% | +5.3% |
| Worst month | −2.4% | −4.8% |
| Best 12 months | +14.8% | +19.4% |
| Worst 12 months | +4.4% | −3.4% |
| Positive months | 83% | 74% |
| Beta vs S&P 500 | 0.31 | — |
| Correlation with S&P 500 | 0.89 | — |
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.
XDEC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 47 | −3.4% | +9.7% | +19.4% | 98% |
| 3-year (a year) | 23 | +6.6% | +10.1% | +13.3% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
XDEC performance overview
FT Cboe Vest U.S. Equity Enhance & Moderate… (XDEC) returned +9.1% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +7.9% a year, turning $10,000 into about $14,479. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.7%, from Dec 29, 2021 to Jun 16, 2022, and it took 7 months to get back to the old high. XDEC finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+14.4%) and the worst 2022 (−3.4%). Volatility has been 6.9% a year.
Related: XDEC chart. See the XDEC overview for the latest quote and fund facts.
XDEC performance FAQ
What is the XDEC return over the past year?
XDEC returned +9.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.1%.
How much would $10,000 invested in XDEC be worth?
$10,000 invested in XDEC at its first recorded close on December 17, 2021 would be worth about $14,479 on October 23, 2026 with distributions reinvested.
What was the worst year for XDEC?
The worst calendar year was 2022, with a total return of −3.4%. The best was 2023 at +14.4%.
What is the biggest drawdown of XDEC?
The largest peak-to-trough decline was −11.7% between December 29, 2021 and June 16, 2022. It recovered to the old high on January 27, 2023, 7 months after the bottom.
How volatile is XDEC?
Over the past 3 years XDEC had an annualized volatility of 4.3% and a Sharpe ratio of 1.25 (excess return over 1–3 month T-bills per unit of risk).