RCLO vs NOVM
Comparison between RECKONER BBB-B CLO ETF (RCLO, ETF) and FT VEST U.S. EQUITY MAX BUFFER ETF - NOVEMBER (NOVM, ETF).
RCLO vs NOVM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
RCLO
$30M
NOVM
$28M
Expense Ratio
Winner
RCLO
0.50%
NOVM
0.85%
Max Drawdown
RCLO
4.69%
Winner
NOVM
3.26%
Sharpe Ratio
RCLO
0.63
Winner
NOVM
1.87
5Y Beta
Winner
RCLO
0.04
NOVM
0.16
RCLO vs NOVM - Historical Returns
Returns include dividend reinvestment.
1M
RCLO
+0.37%
Winner
NOVM
+0.55%
3M
Winner
RCLO
+2.88%
NOVM
+2.55%
6M
RCLO
+2.67%
Winner
NOVM
+2.87%
1Y
RCLO
N/A
NOVM
+8.14%
Max(CAGR)
RCLO
+5.57%
Winner
NOVM
+6.64%
RCLO vs NOVM - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | RCLO | NOVM |
|---|---|---|
| 2026 | +2.15% | +2.60% |
| 2025 | +1.39% | +7.49% |
| 2024 | N/A | +0.23% |
RCLO vs NOVM Drawdown Comparison
The maximum drawdown for RCLO was -3.70%, occurring on Mar 5, 2026. Recovery took 58 trading sessions.
The maximum drawdown for NOVM was -3.26%, occurring on Apr 4, 2025. Recovery took 62 trading sessions.
The current RCLO drawdown is -0.06%.
| Rank | RCLO | NOVM |
|---|---|---|
| #1 | -3.70% Feb 3, 2026 - Apr 28, 2026 | -3.26% Feb 19, 2025 - May 19, 2025 |
| #2 | -0.44% May 8, 2026 - Jun 9, 2026 | -1.48% Feb 25, 2026 - Apr 9, 2026 |
| #3 | -0.24% Nov 17, 2025 - Nov 28, 2025 | -0.81% Dec 16, 2024 - Jan 17, 2025 |
| #4 | -0.10% Jan 6, 2026 - Jan 8, 2026 | -0.62% May 19, 2025 - Jun 3, 2025 |
| #5 | -0.07% Apr 30, 2026 - May 6, 2026 | -0.45% Jun 2, 2026 - Jun 15, 2026 |
| #6 | -0.06% Jun 12, 2026 - Jun 15, 2026 | -0.44% Jul 28, 2025 - Aug 8, 2025 |
| #7 | -0.06% Jan 13, 2026 - Jan 16, 2026 | -0.38% Feb 2, 2026 - Feb 9, 2026 |
| #8 | -0.04% Dec 9, 2025 - Dec 12, 2025 | -0.37% Jan 12, 2026 - Jan 26, 2026 |
| #9 | -0.04% Dec 12, 2025 - Dec 18, 2025 | -0.35% Oct 9, 2025 - Oct 17, 2025 |
| #10 | -0.04% Dec 1, 2025 - Dec 3, 2025 | -0.34% Dec 11, 2025 - Dec 19, 2025 |
| #11 | -0.03% May 6, 2026 - May 8, 2026 | -0.29% Feb 9, 2026 - Feb 25, 2026 |
| #12 | -0.02% Oct 22, 2025 - Oct 24, 2025 | -0.28% Jan 23, 2025 - Feb 6, 2025 |
| #13 | -0.02% Dec 26, 2025 - Dec 30, 2025 | -0.26% Jun 12, 2025 - Jun 16, 2025 |
| #14 | -0.02% Oct 27, 2025 - Oct 30, 2025 | -0.24% Aug 18, 2025 - Aug 22, 2025 |
| #15 | -0.02% Nov 5, 2025 - Nov 10, 2025 | -0.23% Dec 6, 2024 - Dec 16, 2024 |
Correlation
Correlation between RCLO and NOVM is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
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