FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.59: the stock has moved about 41% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFT Vest U.S. Equity Deep Buffer ETF - November (DNOV) trades at $52.78. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for DNOV: DNOV does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) Financial Services Profile
FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) aims to replicate the SPDR S&P 500 ETF Trust's price return, offering investors a capped upside of 12.93% and a downside buffer between -5% and -30%. This ETF operates within the asset management sector, providing a risk-managed investment strategy.
What Is the Investment Thesis for DNOV?
DNOV presents a targeted investment strategy for investors seeking S&P 500 exposure with downside protection. The ETF's defined outcome strategy, capping upside at 12.93% while buffering losses between -5% and -30% until November 20, 2026, offers a unique risk-return profile. The fund's appeal lies in its ability to provide market participation with a pre-defined level of risk mitigation. With a beta of 0.59, DNOV exhibits lower volatility compared to the broader market. However, investors may want to evaluate the opportunity cost of the capped upside in strongly rising markets. The fund's success hinges on its ability to accurately track the S&P 500's price return within the defined parameters.
Based on FMP financials and quantitative analysis
DNOV Key Highlights
Market Cap of $0.38B indicates moderate size and liquidity within the ETF market.
- Beta of 0.59 suggests lower volatility compared to the S&P 500, offering a degree of downside protection.
- The fund aims for a 12.93% upside cap, providing a defined upper limit on potential returns.
- DNOV buffers against losses between -5% and -30%, offering a cushion during market downturns.
- The defined outcome period spans from November 24, 2025, to November 20, 2026, providing a specific timeframe for the buffer and cap.
Who Are DNOV's Competitors?
DNOV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| DAPR FT Vest U.S. Equity Deep Buffer ETF - April | $41.98 | +0.37% | $312M | — |
| DAUG FT Vest U.S. Equity Deep Buffer ETF - August | $47.90 | +0.29% | $370M | — |
| DDEC FT Vest U.S. Equity Deep Buffer ETF - December | $48.87 | +0.23% | $370M | — |
| DFEB FT Vest U.S. Equity Deep Buffer ETF - February | $51.92 | +0.22% | $471M | — |
| DJAN FT Vest U.S. Equity Deep Buffer ETF - January | $46.91 | +0.28% | $376M | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $165B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DNOV's Key Strengths?
Defined outcome strategy provides downside protection.
- Transparent and accessible investment vehicle.
- Established brand in the ETF market.
- Moderate market cap indicates liquidity.
What Are DNOV's Weaknesses?
Capped upside limits potential returns in strongly rising markets.
- Defined outcome period restricts flexibility.
- Reliance on the performance of the SPDR S&P 500 ETF Trust.
What Are the Key Risks for DNOV?
Capped upside may limit returns in strongly rising markets.
- Changes in market volatility could impact the effectiveness of the buffer.
- Increased competition from other ETF providers offering similar strategies.
- Reliance on the performance of the SPDR S&P 500 ETF Trust.
What Threats Does DNOV Face?
- Increased competition from other ETF providers.
- Changes in market volatility and investor sentiment.
- Regulatory changes impacting the ETF industry.
- Potential for tracking error.
What Are DNOV's Competitive Advantages?
- Defined Outcome Strategy: Offers a unique risk-return profile with a capped upside and downside buffer.
- First-Mover Advantage: Established presence in the buffered ETF market.
- Brand Recognition: FT Vest is a recognized brand in the ETF industry.
What Does DNOV Do?
The FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) is designed to provide investors with exposure to the SPDR S&P 500 ETF Trust while mitigating downside risk. Established to offer a buffered investment strategy, the fund seeks to match the price return of the SPDR S&P 500 ETF Trust, up to a predetermined upside cap. Specifically, DNOV aims to provide an upside cap of 12.93% while buffering against losses between -5% and -30%. This buffer is effective over a defined period, from November 24, 2025, to November 20, 2026. DNOV achieves its investment objective through a combination of financial instruments designed to track the S&P 500's performance while limiting potential losses. The fund is part of a suite of FT Vest ETFs that offer similar buffered strategies for different time horizons and market segments. By employing a defined outcome strategy, DNOV caters to investors seeking market participation with a degree of downside protection. The ETF is available to investors across the United States, offering a transparent and accessible way to implement a buffered investment strategy.
What Products and Services Does DNOV Offer?
- Offers a defined outcome ETF that tracks the SPDR S&P 500 ETF Trust.
- Provides a buffer against losses between -5% and -30% over a specific period.
- Seeks to match the price return of the SPDR S&P 500 ETF Trust.
- Limits upside potential with a predetermined cap of 12.93%.
- Employs a strategy designed to mitigate downside risk while participating in market gains.
- Offers a transparent and accessible way to implement a buffered investment strategy.
- Caters to investors seeking market exposure with a defined level of risk management.
How Does DNOV Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Attracts investors seeking downside protection and capped upside potential.
- Utilizes financial instruments to create a buffered investment strategy.
What Industry Does DNOV Operate In?
DNOV operates within the asset management industry, specifically in the exchange-traded fund (ETF) segment. The ETF market has experienced substantial growth, driven by increasing investor demand for diversified, low-cost investment vehicles. Buffered ETFs, like DNOV, represent a growing niche within the ETF market, catering to investors seeking downside protection. The competitive landscape includes a variety of ETF providers offering similar defined outcome strategies. The growth of this segment is influenced by market volatility and investor risk appetite. The increasing complexity of financial markets has also contributed to the demand for structured investment products like DNOV.
Who Are DNOV's Key Customers?
- Retail investors seeking downside protection.
- Financial advisors looking for risk-managed investment solutions.
- Institutional investors seeking defined outcome strategies.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 42 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
| 2026-10-05 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved +0.5%.
DNOV Financials
Bull Case vs Bear Case
Bull Case
- Defined outcome strategy provides downside protection.
- Transparent and accessible investment vehicle.
- Established brand in the ETF market.
- Moderate market cap indicates liquidity.
Bear Case
- Capped upside limits potential returns in strongly rising markets.
- Defined outcome period restricts flexibility.
- Reliance on the performance of the SPDR S&P 500 ETF Trust.
- Potential: Capped upside may limit returns in strongly rising markets.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
DNOV Latest News
No recent news available for DNOV.
DNOV Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for DNOV.
Price Targets
Wall Street price target analysis for DNOV.
DNOV MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for DNOV; grades run from A+ (80-100) to F (below 30).
What Investors Ask About FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) — Financials
What does FT Vest U.S. Equity Deep Buffer ETF - November do?
FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) is an exchange-traded fund designed to provide investors with a return profile linked to the SPDR S&P 500 ETF Trust.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on publicly available data and may be subject to change.