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

Frequently Asked Questions About GNOV

What does GNOV invest in?

The FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV) aims to deliver investment performance that mirrors the price appreciation of the SPDR S&P 500 ETF Trust, serving as its benchmark. This potential for growth is subject to an upper limit, or cap, set at 13.25%. Concurrently, the fund is structured to safeguard investors by cushioning against initial downturns, absorbing the first 15% of any losses incurred by the benchmark ETF. These return objectives and downside protection apply to the specific duration spanning from November 24, 2025, to November 20, 2026, and are stated before the deduction of any fees and expenses.

What is the expense ratio of GNOV?

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

How big is GNOV?

FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV) manages $295.0M 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 GNOV actively managed or an index fund?

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

When was GNOV launched?

FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV) launched in November 2023 and is managed by First Trust.

How has GNOV performed?

GNOV'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.