NCV vs DDEC

Comparison between Virtus Convertible & Income Fund (NCV, ETF) and FT VEST U.S. EQUITY DEEP BUFFER ETF - DECEMBER (DDEC, ETF).

5-Year PerformanceDDEC has outperformed NCV, delivering a return of +8.1% compared to +5.5%

NCV vs DDEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NCV(ETF)	DDEC(ETF)
Net Assets	$420M	$418M
Expense Ratio	N/A	0.85%
Max Drawdown	84.83%	10.22%
Sharpe Ratio	2.08	1.82
5Y Beta	0.74	0.42
5Y Dividends CAGR	-1.12%	N/A

Net Assets

Winner

NCV

$420M

DDEC

$418M

Expense Ratio

NCV

N/A

DDEC

0.85%

Max Drawdown

NCV

84.83%

Winner

DDEC

10.22%

Sharpe Ratio

Winner

NCV

2.08

DDEC

1.82

5Y Beta

NCV

0.74

Winner

DDEC

0.42

5Y Dividends CAGR

NCV

-1.12%

DDEC

N/A

NCV vs DDEC - Historical Returns

Returns include dividend reinvestment.

Period	NCV	DDEC
1 month	+1.73%	+0.85%
3 months	+10.81%	+4.08%
6 months	+16.64%	+4.87%
1 year	+40.69%	+15.39%
5 years(CAGR)	+5.50%	+8.12%
10 years(CAGR)	+8.15%	N/A
Max(CAGR)	+6.57%	+8.38%

Winner

NCV

+1.73%

DDEC

+0.85%

Winner

NCV

+10.81%

DDEC

+4.08%

Winner

NCV

+16.64%

DDEC

+4.87%

Winner

NCV

+40.69%

DDEC

+15.39%

5Y(CAGR)

NCV

+5.50%

Winner

DDEC

+8.12%

10Y(CAGR)

NCV

+8.15%

DDEC

N/A

Max(CAGR)

NCV

+6.57%

Winner

DDEC

+8.38%

NCV vs DDEC - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NCV	DDEC
2026	+16.90%	+4.03%
2025	+22.91%	+12.36%
2024	+16.54%	+12.72%
2023	+13.01%	+17.22%
2022	-33.85%	-7.13%
2021	+11.44%	+8.21%
2020	+12.09%	+0.75%
2019	+20.19%	N/A
2018	-16.72%	N/A
2017	+23.13%	N/A
2016	+28.60%	N/A
2015	-32.82%	N/A
2014	+8.50%	N/A
2013	+21.81%	N/A
2012	+9.97%	N/A
2011	-7.46%	N/A
2010	+25.26%	N/A
2009	+112.18%	N/A
2008	-58.08%	N/A
2007	-16.53%	N/A
2006	+21.89%	N/A
2005	+0.06%	N/A
2004	+14.67%	N/A
2003	+18.55%	N/A

NCV vs DDEC Drawdown Comparison

The maximum drawdown for NCV was -78.88%, occurring on Nov 21, 2008. Recovery took 917 trading sessions.

The maximum drawdown for DDEC was -10.22%, occurring on Jun 16, 2022. Recovery took 355 trading sessions.

The current NCV drawdown is -2.34%. The current DDEC drawdown is -1.01%.

Rank	NCV	DDEC
#1	-78.88% Jun 5, 2007 - Jan 24, 2011	-10.22% Jan 3, 2022 - Jun 2, 2023
#2	-56.13% Feb 13, 2020 - Dec 7, 2020	-9.40% Feb 19, 2025 - Jun 24, 2025
#3	-47.95% Jul 3, 2014 - Oct 6, 2017	-5.50% Sep 14, 2023 - Nov 10, 2023
#4	-44.60% Nov 5, 2021 - Nov 10, 2025	-4.18% Jan 27, 2026 - Apr 14, 2026
#5	-30.39% Sep 14, 2018 - Feb 10, 2020	-3.28% Jul 16, 2024 - Aug 15, 2024
#6	-27.22% Apr 4, 2011 - Sep 12, 2012	-2.36% Mar 28, 2024 - May 7, 2024
#7	-15.11% Feb 10, 2004 - Sep 7, 2004	-1.90% Nov 12, 2025 - Nov 25, 2025
#8	-12.69% Dec 30, 2004 - Jul 28, 2005	-1.67% Jan 20, 2021 - Feb 5, 2021
#9	-11.98% Oct 8, 2012 - Jan 23, 2013	-1.67% Aug 1, 2023 - Aug 30, 2023
#10	-11.39% Feb 11, 2026 - Apr 9, 2026	-1.61% Dec 24, 2024 - Jan 17, 2025
#11	-11.17% May 21, 2013 - Oct 17, 2013	-1.33% Aug 30, 2024 - Sep 13, 2024
#12	-8.21% Feb 10, 2021 - Jun 1, 2021	-1.30% Feb 24, 2021 - Mar 10, 2021
#13	-8.02% Jul 11, 2003 - Oct 3, 2003	-1.28% Jul 25, 2025 - Aug 8, 2025
#14	-7.53% Jul 7, 2021 - Aug 31, 2021	-1.25% May 7, 2021 - May 28, 2021
#15	-7.40% Sep 8, 2005 - Jan 6, 2006	-1.24% Jan 9, 2026 - Jan 27, 2026