PEPS vs NOVM

Comparison between PARAMETRIC EQUITY PLUS ETF (PEPS, ETF) and FT VEST U.S. EQUITY MAX BUFFER ETF - NOVEMBER (NOVM, ETF).

PEPS vs NOVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PEPS(ETF)	NOVM(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.10%	0.85%
Max Drawdown	21.47%	3.26%
Sharpe Ratio	1.57	1.87
5Y Beta	1.04	0.16
P/E Ratio	29.86	N/A
Forward P/E	21.83	N/A
5Y EPS CAGR	24.96%	N/A
Debt to Equity	22.53%	N/A
P/S Ratio	3.94	N/A
P/B Ratio	5.83	N/A

Net Assets

PEPS

$28M

Winner

NOVM

$28M

Expense Ratio

Winner

PEPS

0.10%

NOVM

0.85%

Max Drawdown

PEPS

21.47%

Winner

NOVM

3.26%

Sharpe Ratio

PEPS

1.57

Winner

NOVM

1.87

5Y Beta

PEPS

1.04

Winner

NOVM

0.16

P/E Ratio

PEPS

29.86

NOVM

N/A

Forward P/E

PEPS

21.83

NOVM

N/A

5Y EPS CAGR

PEPS

24.96%

NOVM

N/A

Debt to Equity

PEPS

22.53%

NOVM

N/A

P/S Ratio

PEPS

3.94

NOVM

N/A

P/B Ratio

PEPS

5.83

NOVM

N/A

PEPS vs NOVM - Historical Returns

Returns include dividend reinvestment.

Period	PEPS	NOVM
1 month	+1.65%	+0.39%
3 months	+10.84%	+2.39%
6 months	+8.62%	+2.68%
1 year	+26.85%	+7.87%
Max(CAGR)	+17.02%	+6.50%

Winner

PEPS

+1.65%

NOVM

+0.39%

Winner

PEPS

+10.84%

NOVM

+2.39%

Winner

PEPS

+8.62%

NOVM

+2.68%

Winner

PEPS

+26.85%

NOVM

+7.87%

Max(CAGR)

Winner

PEPS

+17.02%

NOVM

+6.50%

PEPS vs NOVM - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	PEPS	NOVM
2026	+8.05%	+2.34%
2025	+20.60%	+7.49%
2024	-1.46%	+0.23%

PEPS vs NOVM Drawdown Comparison

The maximum drawdown for PEPS was -21.26%, occurring on Apr 8, 2025. Recovery took 93 trading sessions.

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

The current PEPS drawdown is -2.64%. The current NOVM drawdown is -0.18%.

Rank	PEPS	NOVM
#1	-21.26% Feb 19, 2025 - Jul 3, 2025	-3.26% Feb 19, 2025 - May 19, 2025
#2	-9.80% Feb 2, 2026 - Apr 22, 2026	-1.48% Feb 25, 2026 - Apr 9, 2026
#3	-5.37% Nov 12, 2025 - Dec 10, 2025	-0.81% Dec 16, 2024 - Jan 17, 2025
#4	-4.87% Jun 2, 2026 - Jun 10, 2026	-0.62% May 19, 2025 - Jun 3, 2025
#5	-4.67% Dec 6, 2024 - Feb 6, 2025	-0.45% Jun 2, 2026 - Jun 10, 2026
#6	-3.41% Oct 8, 2025 - Oct 21, 2025	-0.44% Jul 28, 2025 - Aug 8, 2025
#7	-3.04% Dec 11, 2025 - Dec 24, 2025	-0.38% Feb 2, 2026 - Feb 9, 2026
#8	-2.91% Jan 12, 2026 - Jan 28, 2026	-0.37% Jan 12, 2026 - Jan 26, 2026
#9	-2.29% Nov 11, 2024 - Nov 25, 2024	-0.35% Oct 9, 2025 - Oct 17, 2025
#10	-2.27% Jul 28, 2025 - Aug 8, 2025	-0.34% Dec 11, 2025 - Dec 19, 2025
#11	-2.05% Nov 3, 2025 - Nov 12, 2025	-0.29% Feb 9, 2026 - Feb 25, 2026
#12	-1.82% May 14, 2026 - May 22, 2026	-0.28% Jan 23, 2025 - Feb 6, 2025
#13	-1.56% Aug 14, 2025 - Aug 22, 2025	-0.26% Jun 12, 2025 - Jun 16, 2025
#14	-1.51% Aug 28, 2025 - Sep 8, 2025	-0.24% Aug 18, 2025 - Aug 22, 2025
#15	-1.37% Sep 22, 2025 - Sep 30, 2025	-0.23% Dec 6, 2024 - Dec 16, 2024