NOVM vs URAN

Comparison between FT VEST U.S. EQUITY MAX BUFFER ETF - NOVEMBER (NOVM, ETF) and THEMES URANIUM & NUCLEAR ETF (URAN, ETF).

NOVM vs URAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVM(ETF)	URAN(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.85%	0.35%
Max Drawdown	3.26%	34.22%
Sharpe Ratio	1.48	0.00
5Y Beta	0.15	1.17
P/E Ratio	N/A	-84.65
Debt to Equity	N/A	93.74%
P/B Ratio	N/A	2.31

Net Assets

NOVM

$28M

Winner

URAN

$28M

Expense Ratio

NOVM

0.85%

Winner

URAN

0.35%

Max Drawdown

Winner

NOVM

3.26%

URAN

34.22%

Sharpe Ratio

Winner

NOVM

1.48

URAN

0.00

5Y Beta

Winner

NOVM

0.15

URAN

1.17

P/E Ratio

NOVM

N/A

URAN

-84.65

Debt to Equity

NOVM

N/A

URAN

93.74%

P/B Ratio

NOVM

N/A

URAN

2.31

NOVM vs URAN - Historical Returns

Returns include dividend reinvestment.

Period	NOVM	URAN
1 month	+0.43%	-8.78%
3 months	+1.70%	-20.26%
6 months	+2.83%	-26.30%
1 year	+7.07%	-2.91%
Max(CAGR)	+6.47%	+19.55%

Winner

NOVM

+0.43%

URAN

-8.78%

Winner

NOVM

+1.70%

URAN

-20.26%

Winner

NOVM

+2.83%

URAN

-26.30%

Winner

NOVM

+7.07%

URAN

-2.91%

Max(CAGR)

NOVM

+6.47%

Winner

URAN

+19.55%

NOVM vs URAN - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	NOVM	URAN
2026	+2.98%	-16.39%
2025	+7.49%	+43.15%
2024	+0.23%	+4.09%

NOVM vs URAN Drawdown Comparison

The maximum drawdown for NOVM was -3.26%, occurring on Apr 4, 2025. Recovery took 62 trading sessions.

The maximum drawdown for URAN was -34.22%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current NOVM drawdown is -0.01%. The current URAN drawdown is -32.24%.

Rank	NOVM	URAN
#1	-3.26% Feb 19, 2025 - May 19, 2025	-34.22% Jan 28, 2026 - Jul 17, 2026
#2	-1.48% Feb 25, 2026 - Apr 9, 2026	-31.96% Nov 22, 2024 - May 27, 2025
#3	-0.81% Dec 16, 2024 - Jan 17, 2025	-23.82% Oct 15, 2025 - Jan 28, 2026
#4	-0.62% May 19, 2025 - Jun 3, 2025	-10.49% Jul 24, 2025 - Sep 15, 2025
#5	-0.45% Jun 2, 2026 - Jun 15, 2026	-10.28% Oct 18, 2024 - Nov 21, 2024
#6	-0.44% Jul 28, 2025 - Aug 8, 2025	-5.07% Oct 4, 2024 - Oct 16, 2024
#7	-0.38% Feb 2, 2026 - Feb 9, 2026	-5.06% Jun 9, 2025 - Jun 16, 2025
#8	-0.37% Jan 12, 2026 - Jan 26, 2026	-3.85% Jun 30, 2025 - Jul 14, 2025
#9	-0.35% Oct 9, 2025 - Oct 17, 2025	-3.82% May 27, 2025 - Jun 9, 2025
#10	-0.34% Dec 11, 2025 - Dec 19, 2025	-3.19% Jun 16, 2025 - Jun 24, 2025
#11	-0.29% Feb 9, 2026 - Feb 25, 2026	-3.12% Sep 23, 2025 - Oct 2, 2025
#12	-0.28% Jan 23, 2025 - Feb 6, 2025	-2.80% Sep 15, 2025 - Sep 18, 2025
#13	-0.26% Jun 12, 2025 - Jun 16, 2025	-1.99% Jun 24, 2025 - Jun 30, 2025
#14	-0.25% Jun 15, 2026 - Jul 2, 2026	-1.16% Jul 18, 2025 - Jul 24, 2025
#15	-0.24% Aug 18, 2025 - Aug 22, 2025	-1.16% Sep 27, 2024 - Oct 1, 2024