# FT Vest U.S. Equity Buffer ETF - November (FNOV) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

FT Vest U.S. Equity Buffer ETF - November (FNOV) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: FNOV +58.23%, SPY +86.64%. Regime FNOV BULL · SPY BULL. As of Oct 13, 2026. Research only.

- Interactive: https://www.lopjlb.com/vs/FNOV/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=FNOV%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| FNOV | +58.23% | -15.87% | +10.73% |
| SPY | +86.64% | -24.49% | +14.78% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| FNOV | +15.07% | +28.46% | +55.09% | +58.23% |
| SPY | +18.61% | +36.22% | +86.97% | +86.64% |

## Annual

| Year | FNOV | SPY |
|---|---:|---:|
| YTD | +10.73% | +14.78% |
| 2025 | +14.66% | +18.01% |
| 2024 | +13.02% | +25.59% |
| 2023 | +20.25% | +26.73% |
| 2022 | -9.16% | -18.64% |
| 2021 | +1.42% | +6.90% |

---

Research context only. Not personalized investment advice.