The FT Cboe Vest U.S. Equity Buffer ETF - November (Ticker: FNOV) is a unique investment vehicle that offers investors an innovative approach to participating in the U.S. large-cap equities market while mitigating downside risks. This exchange-traded fund is meticulously designed to align with the interests of investors seeking exposure to some of the most robust and established companies in the U.S. economy. As part of the Size and Style category, FNOV focuses on large-cap stocks, catering to those who prefer stability and consistent performance over volatile market shifts.
FNOV stands out in the broad-based niche by providing a defined outcome strategy with a precise risk management feature. The ETF is structured to buffer the first 10% of losses on the S&P 500 Index over a one-year period, offering a layer of protection against market downturns while still allowing for potential capital appreciation. This makes it an attractive option for investors who are cautious about market volatility but do not want to completely forgo growth opportunities.
By investing in FNOV, investors gain access to a diversified portfolio of large-cap equities with the added benefit of a risk-buffering mechanism. This ETF is particularly suitable for those who are planning for medium to long-term financial goals and are looking for a balanced investment strategy that combines growth potential with a defensive stance. FNOV's strategic positioning within the large-cap space offers both seasoned investors and newcomers a compelling proposition in navigating the complexities of the financial markets.
FT Cboe Vest U.S. Equity Buffer ETF - November (FNOV) Fund Flow Chart
FT Cboe Vest U.S. Equity Buffer ETF - November (FNOV) 1 year Net Flows: $168M
FNOV ETF FAQ
What was FNOV’s price range in the past 12 months?
FNOV lowest ETF price was $41.76 and its highest was $50.75 in the past 12 months.