FT Vest U.S. Equity Deep Buffer ETF - November

Frequently Asked Questions About DNOV

What does DNOV invest in?

The FT Vest U.S. Equity Deep Buffer ETF - November ("the Fund") is designed to provide investors with returns tracking the price appreciation of the SPDR S&P 500 ETF Trust ("the Underlying ETF"). This potential gain is capped at a maximum of 12.93% (before fees and expenses). Furthermore, the Fund aims to protect against losses in the Underlying ETF falling within the range of -5% to -30% (prior to fees and expenses) over the defined period from November 24, 2025, to November 20, 2026.

What is the expense ratio of DNOV?

FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DNOV?

FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) manages $409.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DNOV actively managed or an index fund?

DNOV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DNOV launched?

FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) launched in November 2019 and is managed by First Trust.

How has DNOV performed?

DNOV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.