NOVZ vs XAPR

Comparison between TrueShares Structured Outcome (November) ETF (NOVZ, ETF) and FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - APRIL (XAPR, ETF).

NOVZ vs XAPR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVZ(ETF)	XAPR(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.79%	0.85%
Max Drawdown	16.96%	6.18%
Sharpe Ratio	1.40	1.77
5Y Beta	0.74	0.31

Net Assets

Winner

NOVZ

$31M

XAPR

$31M

Expense Ratio

Winner

NOVZ

0.79%

XAPR

0.85%

Max Drawdown

NOVZ

16.96%

Winner

XAPR

6.18%

Sharpe Ratio

NOVZ

1.40

Winner

XAPR

1.77

5Y Beta

NOVZ

0.74

Winner

XAPR

0.31

NOVZ vs XAPR - Historical Returns

Returns include dividend reinvestment.

Period	NOVZ	XAPR
1 month	+0.34%	+0.49%
3 months	+8.56%	+2.29%
6 months	+6.76%	+3.44%
1 year	+17.99%	+7.95%
5 years(CAGR)	+10.98%	N/A
Max(CAGR)	+13.69%	+11.22%

NOVZ

+0.34%

Winner

XAPR

+0.49%

Winner

NOVZ

+8.56%

XAPR

+2.29%

Winner

NOVZ

+6.76%

XAPR

+3.44%

Winner

NOVZ

+17.99%

XAPR

+7.95%

5Y(CAGR)

NOVZ

+10.98%

XAPR

N/A

Max(CAGR)

Winner

NOVZ

+13.69%

XAPR

+11.22%

NOVZ vs XAPR - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	NOVZ	XAPR
2026	+6.68%	+2.97%
2025	+13.16%	+12.56%
2024	+19.69%	+8.25%
2023	+18.35%	N/A
2022	-9.93%	N/A
2021	+22.93%	N/A
2020	+10.30%	N/A

NOVZ vs XAPR Drawdown Comparison

The maximum drawdown for NOVZ was -16.62%, occurring on Oct 12, 2022. Recovery took 367 trading sessions.

The maximum drawdown for XAPR was -6.18%, occurring on Apr 8, 2025. Recovery took 18 trading sessions.

The current NOVZ drawdown is -1.96%. The current XAPR drawdown is -0.52%.

Rank	NOVZ	XAPR
#1	-16.62% Dec 29, 2021 - Jun 15, 2023	-6.18% Mar 24, 2025 - Apr 17, 2025
#2	-14.63% Feb 19, 2025 - Jun 27, 2025	-2.71% Jul 16, 2024 - Aug 15, 2024
#3	-8.30% Jul 31, 2023 - Dec 8, 2023	-1.27% May 29, 2026 - Jun 10, 2026
#4	-7.19% Jul 16, 2024 - Sep 19, 2024	-1.26% Aug 30, 2024 - Sep 13, 2024
#5	-6.72% Jan 12, 2026 - Apr 15, 2026	-1.08% Apr 17, 2025 - Apr 22, 2025
#6	-4.53% Sep 3, 2021 - Oct 20, 2021	-1.07% Feb 19, 2025 - Mar 21, 2025
#7	-4.50% Mar 28, 2024 - May 15, 2024	-0.84% May 19, 2025 - Jun 2, 2025
#8	-3.90% Oct 29, 2025 - Dec 23, 2025	-0.70% Apr 26, 2024 - May 3, 2024
#9	-3.57% Feb 12, 2021 - Mar 11, 2021	-0.66% Nov 11, 2025 - Nov 25, 2025
#10	-3.50% Dec 6, 2024 - Jan 23, 2025	-0.64% Dec 11, 2024 - Dec 24, 2024
#11	-3.46% May 7, 2021 - Jun 11, 2021	-0.51% May 28, 2024 - Jun 5, 2024
#12	-3.35% Jun 2, 2026 - Jun 10, 2026	-0.45% Oct 29, 2024 - Nov 6, 2024
#13	-3.14% Nov 18, 2021 - Dec 23, 2021	-0.44% May 2, 2025 - May 12, 2025
#14	-2.89% Jan 21, 2021 - Feb 4, 2021	-0.41% Apr 17, 2026 - Apr 24, 2026
#15	-2.51% Jul 12, 2021 - Jul 23, 2021	-0.40% Oct 6, 2025 - Oct 20, 2025