OCTM vs HYBX
Comparison between FT VEST U.S. EQUITY MAX BUFFER ETF - OCTOBER (OCTM, ETF) and TCW High Yield Bond ETF (HYBX, ETF).
OCTM vs HYBX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OCTM
$32M
Winner
HYBX
$32M
Expense Ratio
OCTM
0.85%
Winner
HYBX
0.50%
Max Drawdown
Winner
OCTM
3.29%
HYBX
5.48%
Sharpe Ratio
Winner
OCTM
1.20
HYBX
0.16
5Y Beta
OCTM
0.16
Winner
HYBX
0.16
OCTM vs HYBX - Historical Returns
Returns include dividend reinvestment.
1M
OCTM
+0.45%
Winner
HYBX
+0.57%
3M
Winner
OCTM
+1.98%
HYBX
+0.69%
6M
Winner
OCTM
+3.11%
HYBX
+1.83%
1Y
Winner
OCTM
+6.64%
HYBX
+4.49%
Max(CAGR)
Winner
OCTM
+6.11%
HYBX
+5.43%
OCTM vs HYBX - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | OCTM | HYBX |
|---|---|---|
| 2026 | +3.24% | +2.18% |
| 2025 | +7.07% | +6.16% |
| 2024 | +0.33% | -0.26% |
OCTM vs HYBX Drawdown Comparison
The maximum drawdown for OCTM was -3.29%, occurring on Apr 8, 2025. Recovery took 62 trading sessions.
The maximum drawdown for HYBX was -3.92%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.
The current OCTM drawdown is -0.01%. The current HYBX drawdown is -0.18%.
| Rank | OCTM | HYBX |
|---|---|---|
| #1 | -3.29% Feb 19, 2025 - May 19, 2025 | -3.92% Feb 28, 2025 - May 12, 2025 |
| #2 | -1.64% Feb 25, 2026 - Apr 9, 2026 | -2.15% Jan 27, 2026 - Apr 8, 2026 |
| #3 | -1.17% Oct 28, 2025 - Dec 10, 2025 | -1.76% Oct 28, 2025 - Dec 19, 2025 |
| #4 | -0.60% May 19, 2025 - Jun 3, 2025 | -1.72% Dec 6, 2024 - Jan 24, 2025 |
| #5 | -0.59% Dec 6, 2024 - Jan 17, 2025 | -1.49% Aug 13, 2025 - Sep 2, 2025 |
| #6 | -0.51% Oct 21, 2024 - Nov 6, 2024 | -1.48% Sep 23, 2025 - Oct 28, 2025 |
| #7 | -0.49% Jun 2, 2026 - Jun 15, 2026 | -1.38% Dec 19, 2025 - Dec 23, 2025 |
| #8 | -0.47% Feb 2, 2026 - Feb 9, 2026 | -1.38% Apr 27, 2026 - Jun 16, 2026 |
| #9 | -0.46% Jul 28, 2025 - Aug 8, 2025 | -0.85% Nov 18, 2024 - Dec 3, 2024 |
| #10 | -0.43% Nov 13, 2024 - Nov 25, 2024 | -0.84% May 20, 2025 - May 28, 2025 |
| #11 | -0.43% Jan 16, 2026 - Jan 26, 2026 | -0.81% Jan 20, 2026 - Jan 27, 2026 |
| #12 | -0.37% Dec 11, 2025 - Dec 19, 2025 | -0.75% Jun 16, 2026 - Jul 6, 2026 |
| #13 | -0.36% Feb 9, 2026 - Feb 25, 2026 | -0.72% Jul 9, 2025 - Jul 21, 2025 |
| #14 | -0.31% Jun 12, 2025 - Jun 23, 2025 | -0.69% Jul 23, 2025 - Aug 11, 2025 |
| #15 | -0.29% Jan 24, 2025 - Feb 6, 2025 | -0.69% Jul 6, 2026 - Jul 9, 2026 |
Correlation
Correlation between OCTM and HYBX is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
0.99
-101
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