MUSQ vs XNOV

Comparison between MUSQ GLOBAL MUSIC INDUSTRY INDEX ETF (MUSQ, ETF) and FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - NOVEMBER (XNOV, ETF).

MUSQ vs XNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUSQ(ETF)	XNOV(ETF)
Net Assets	$23M	$23M
Expense Ratio	0.76%	0.85%
Max Drawdown	23.60%	10.00%
Sharpe Ratio	-0.60	1.80
5Y Beta	0.86	0.41
P/E Ratio	52.96	N/A
Forward P/E	25.43	N/A
PEG Ratio	0.63	N/A
Debt to Equity	169.45%	N/A
P/S Ratio	1.77	N/A
P/B Ratio	5.85	N/A

Net Assets

MUSQ

$23M

XNOV

$23M

Expense Ratio

Winner

MUSQ

0.76%

XNOV

0.85%

Max Drawdown

MUSQ

23.60%

Winner

XNOV

10.00%

Sharpe Ratio

MUSQ

-0.60

Winner

XNOV

1.80

5Y Beta

MUSQ

0.86

Winner

XNOV

0.41

P/E Ratio

MUSQ

52.96

XNOV

N/A

Forward P/E

MUSQ

25.43

XNOV

N/A

PEG Ratio

MUSQ

0.63

XNOV

N/A

Debt to Equity

MUSQ

169.45%

XNOV

N/A

P/S Ratio

MUSQ

1.77

XNOV

N/A

P/B Ratio

MUSQ

5.85

XNOV

N/A

MUSQ vs XNOV - Historical Returns

Returns include dividend reinvestment.

Period	MUSQ	XNOV
1 month	-0.97%	+0.63%
3 months	-1.66%	+4.64%
6 months	-7.94%	+4.52%
1 year	-8.38%	+12.25%
Max(CAGR)	+1.51%	+10.13%

MUSQ

-0.97%

Winner

XNOV

+0.63%

MUSQ

-1.66%

Winner

XNOV

+4.64%

MUSQ

-7.94%

Winner

XNOV

+4.52%

MUSQ

-8.38%

Winner

XNOV

+12.25%

Max(CAGR)

MUSQ

+1.51%

Winner

XNOV

+10.13%

MUSQ vs XNOV - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	MUSQ	XNOV
2026	-9.94%	+3.91%
2025	+19.92%	+11.04%
2024	-3.31%	+8.37%
2023	+1.76%	+2.14%

MUSQ vs XNOV Drawdown Comparison

The maximum drawdown for MUSQ was -23.12%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for XNOV was -10.00%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The current MUSQ drawdown is -15.73%. The current XNOV drawdown is -0.27%.

Rank	MUSQ	XNOV
#1	-23.12% Sep 16, 2025 - Mar 27, 2026	-10.00% Feb 19, 2025 - Jun 3, 2025
#2	-18.82% Feb 14, 2025 - May 20, 2025	-3.60% Feb 25, 2026 - Apr 9, 2026
#3	-15.69% Jul 18, 2023 - May 6, 2024	-1.89% Jul 31, 2024 - Aug 13, 2024
#4	-14.51% May 6, 2024 - Jan 30, 2025	-1.65% Dec 6, 2024 - Jan 21, 2025
#5	-7.33% Jul 23, 2025 - Aug 13, 2025	-1.00% Mar 27, 2024 - Apr 29, 2024
#6	-2.50% Aug 18, 2025 - Sep 8, 2025	-0.99% Feb 2, 2026 - Feb 25, 2026
#7	-1.91% Jun 30, 2025 - Jul 17, 2025	-0.89% Jan 12, 2026 - Jan 26, 2026
#8	-1.61% Jun 10, 2025 - Jun 23, 2025	-0.82% Jun 4, 2026 - Jun 10, 2026
#9	-1.57% May 27, 2025 - Jun 4, 2025	-0.72% Dec 11, 2025 - Dec 22, 2025
#10	-1.09% May 20, 2025 - May 27, 2025	-0.60% Jan 24, 2025 - Feb 6, 2025
#11	-0.94% Jan 30, 2025 - Feb 4, 2025	-0.60% Jul 29, 2025 - Aug 6, 2025
#12	-0.93% Jul 13, 2023 - Jul 18, 2023	-0.56% Jun 12, 2025 - Jun 23, 2025
#13	-0.92% Jul 17, 2025 - Jul 22, 2025	-0.54% Feb 12, 2024 - Feb 22, 2024
#14	-0.91% Jun 24, 2025 - Jun 26, 2025	-0.53% Dec 29, 2023 - Jan 8, 2024
#15	-0.53% Jul 7, 2023 - Jul 11, 2023	-0.46% Oct 9, 2025 - Oct 20, 2025