FT Cboe Vest U.S. Equity Buffer ETF - April

10-Year Study

FAPR.US · · US · ETF

Executive Summary: FT Cboe Vest U.S. Equity Buffer ETF - April has compounded at 8.5% annually over the last 10 years, with a maximum drawdown of 15.4% and an annualized volatility of 8.4%.

1Y CAGR
+10.7%
3Y CAGR
+13.4%
5Y CAGR
+8.5%
10Y CAGR
+8.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
15.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.48
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.61
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
9.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +19.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -10.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.40.40.30.9————————2.0%
20251.50.1-2.5-2.53.52.31.01.11.10.50.51.07.6%
20241.32.10.81.53.32.10.81.81.0-0.12.6-0.318.1%
20233.8-0.32.01.40.24.51.9-0.5-3.0-1.56.73.119.5%
2022-2.0-1.72.9-7.40.7-5.96.3-2.8-5.95.43.6-2.9-10.3%
2021————0.71.61.11.5-2.43.8-0.62.48.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 8.4%. The dominant macroeconomic risk driver is QQQ.US, accounting for 34.3% of variance. Idiosyncratic stock-specific factors contribute 5.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-04-0110000
2021-05-0110065.463729106435
2021-06-0110228.292293888946
2021-07-0110344.598411590736
2021-08-0110502.774731665171
2021-09-0110254.876549363638
2021-10-0110640.348253746719
2021-11-0110581.19828531552
2021-12-0110838.400957033196
2022-01-0110622.071578107865
2022-02-0110442.29555046024
2022-03-0110750.008307579837
2022-04-019952.480643338982
2022-05-0110025.587345894395
2022-06-019434.087661582427
2022-07-0110032.233409763066
2022-08-019746.452663410095
2022-09-019169.242016415777
2022-10-019666.035290599144
2022-11-0110012.295218157045
2022-12-019718.8714983551
2023-01-0110092.047984581131
2023-02-0110060.479181204932
2023-03-0110264.84564516665
2023-04-0110407.736018343137
2023-05-0110430.997241883495
2023-06-0110902.867776559333
2023-07-0111108.89575648822
2023-08-0111055.727245538832
2023-09-0110720.101020170803
2023-10-0110556.940152194862
2023-11-0111267.404379756088
2023-12-0111613.664307313993
2024-01-0111763.533047552586
2024-02-0112009.437410693517
2024-03-0112107.466852756457
2024-04-0112291.895125112153
2024-05-0112700.628053035589
2024-06-0112966.470607782541
2024-07-0113068.487688166684
2024-08-0113302.096833150566
2024-09-0113435.018110524043
2024-10-0113415.07991891802
2024-11-0113761.339846475925
2024-12-0113720.798856877014
2025-01-0113923.503804871565
2025-02-0113935.134416641746
2025-03-0113587.87757950354
2025-04-0113248.928322201175
2025-05-0113710.829761074005
2025-06-0114019.871730967336
2025-07-0114155.45143388828
2025-08-0114304.323264546572
2025-09-0114456.518127139201
2025-10-0114533.280164822385
2025-11-0114611.3714152793
2025-12-0114760.90785232446
2026-01-0114824.045459076862
2026-02-0114877.213970026252
2026-03-0114922.407204333233
2026-04-0115053.334662546105
Annual Return Matrix
YearAnnual Return
2022-0.10329286239882263
20230.19496016685472006
20240.181435806460843
20250.07580527972874784
20260.01981089599279584
Total Factor Risk
0.08366351794252497
VTI.US Exposure
0.11137884387562597
VEA.US Exposure
-0.059911624895968595
VWO.US Exposure
0.014837770172288265
QQQ.US Exposure
0.34308112647836936
VTV.US Exposure
0.23141417177368948
IJR.US Exposure
-0.08733197650594698
QUAL.US Exposure
-0.052628440013927004
SHV.US Exposure
0.2679545101295314
TLT.US Exposure
0.012105824307525862
LQD.US Exposure
-0.021327511170809162
HYG.US Exposure
0.11083378181474339
GLD.US Exposure
-0.0032165998156024347
USO.US Exposure
-0.0011036107864329512
VNQ.US Exposure
0.024950420466012264
BTC-USD.CC Exposure
-0.008580099922560354
CPER.US Exposure
0.03185275008305568
VIX.INDX Exposure
0.01790623631383978
UUP.US Exposure
0.006437103486679912
TIP.US Exposure
0.004729425531988686
Idiosyncratic Exposure
0.056617898677897315
Value Score
41.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
8.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →20.6x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$405.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.50
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is FT Cboe Vest U.S. Equity Buffer ETF - April a high-risk investment?

FT Cboe Vest U.S. Equity Buffer ETF - April (FAPR.US) has an annualized volatility of 8.4% and experienced a maximum drawdown of 15.4% over the last 10 years. Its primary macro risk driver is QQQ.US.

What is the 10-year return of FAPR.US?

Over the past 10 years, FAPR.US has generated a Compound Annual Growth Rate (CAGR) of 8.5%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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