FLTB vs DNOV

Comparison between FIDELITY LIMITED TERM BOND ETF (FLTB, ETF) and FT VEST U.S. EQUITY DEEP BUFFER ETF - NOVEMBER (DNOV, ETF).

5-Year PerformanceDNOV has outperformed FLTB, delivering a return of +8.0% compared to +2.2%

FLTB vs DNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLTB(ETF)	DNOV(ETF)
Net Assets	$389M	$389M
Expense Ratio	0.25%	0.85%
Max Drawdown	11.00%	15.03%
Sharpe Ratio	0.21	2.10
5Y Beta	0.01	0.43
5Y Dividends CAGR	32.39%	N/A

Net Assets

Winner

FLTB

$389M

DNOV

$389M

Expense Ratio

Winner

FLTB

0.25%

DNOV

0.85%

Max Drawdown

Winner

FLTB

11.00%

DNOV

15.03%

Sharpe Ratio

FLTB

0.21

Winner

DNOV

2.10

5Y Beta

Winner

FLTB

0.01

DNOV

0.43

5Y Dividends CAGR

FLTB

32.39%

DNOV

N/A

FLTB vs DNOV - Historical Returns

Returns include dividend reinvestment.

Period	FLTB	DNOV
1 month	+0.07%	+0.92%
3 months	-0.00%	+4.16%
6 months	+0.94%	+4.51%
1 year	+4.25%	+17.17%
5 years(CAGR)	+2.21%	+8.03%
10 years(CAGR)	+2.45%	N/A
Max(CAGR)	+2.40%	+8.12%

FLTB

+0.07%

Winner

DNOV

+0.92%

FLTB

-0.00%

Winner

DNOV

+4.16%

FLTB

+0.94%

Winner

DNOV

+4.51%

FLTB

+4.25%

Winner

DNOV

+17.17%

5Y(CAGR)

FLTB

+2.21%

Winner

DNOV

+8.03%

10Y(CAGR)

FLTB

+2.45%

DNOV

N/A

Max(CAGR)

FLTB

+2.40%

Winner

DNOV

+8.12%

FLTB vs DNOV - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FLTB	DNOV
2026	+0.49%	+4.21%
2025	+6.52%	+14.13%
2024	+5.22%	+11.17%
2023	+5.83%	+18.48%
2022	-5.69%	-7.53%
2021	-1.20%	+6.13%
2020	+5.47%	+7.05%
2019	+5.93%	+1.47%
2018	+1.24%	N/A
2017	+2.10%	N/A
2016	+2.11%	N/A
2015	+0.83%	N/A
2014	-0.07%	N/A

FLTB vs DNOV Drawdown Comparison

The maximum drawdown for FLTB was -9.37%, occurring on Oct 20, 2022. Recovery took 838 trading sessions.

The maximum drawdown for DNOV was -15.03%, occurring on Mar 18, 2020. Recovery took 118 trading sessions.

The current FLTB drawdown is -0.48%. The current DNOV drawdown is -0.69%.

Rank	FLTB	DNOV
#1	-9.37% Feb 11, 2021 - Jun 12, 2024	-15.03% Feb 19, 2020 - Aug 6, 2020
#2	-8.20% Mar 5, 2020 - May 29, 2020	-9.98% Feb 19, 2025 - Jun 24, 2025
#3	-1.98% Aug 4, 2016 - May 17, 2017	-9.57% Jan 4, 2022 - Jun 9, 2023
#4	-1.76% Sep 7, 2017 - Dec 18, 2018	-7.88% Jul 28, 2023 - Nov 14, 2023
#5	-1.63% Oct 15, 2015 - Mar 17, 2016	-4.18% Feb 25, 2026 - Apr 13, 2026
#6	-1.52% Feb 23, 2026 - Mar 26, 2026	-2.88% Sep 2, 2020 - Oct 12, 2020
#7	-1.36% Apr 3, 2025 - Apr 28, 2025	-2.80% Oct 12, 2020 - Nov 5, 2020
#8	-1.19% Apr 27, 2015 - Oct 2, 2015	-2.77% Jul 16, 2024 - Aug 15, 2024
#9	-1.09% Oct 1, 2024 - Jan 27, 2025	-1.98% Mar 28, 2024 - May 6, 2024
#10	-1.08% Oct 15, 2014 - Jan 15, 2015	-1.98% Dec 6, 2024 - Jan 22, 2025
#11	-0.96% Feb 2, 2015 - Apr 1, 2015	-1.84% Nov 15, 2021 - Dec 8, 2021
#12	-0.85% Sep 4, 2019 - Oct 2, 2019	-1.51% Dec 15, 2021 - Dec 23, 2021
#13	-0.59% Apr 30, 2025 - May 30, 2025	-1.49% Jan 25, 2021 - Feb 8, 2021
#14	-0.55% Oct 4, 2019 - Dec 3, 2019	-1.30% Jul 28, 2025 - Aug 8, 2025
#15	-0.51% May 6, 2016 - Jun 3, 2016	-1.22% Oct 8, 2025 - Oct 20, 2025