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The investment objective of the FT Vest U.S. Equity Deep Buffer ETF - October (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 9.34% (before fees, expenses and taxes) and 8.49% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from October 19, 2020 to October 15, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the SPDR S&P 500 ETF Trust.
FT Vest U.S. Equity Deep Buffer ETF - October trades on the BATS stock market under the symbol DOCT.
As of March 4, 2025, DOCT stock price declined to $39.09 with 23,893 million shares trading.
DOCT has a beta of 0.29, meaning it tends to be less sensitive to market movements. DOCT has a correlation of 0.68 to the broad based SPY ETF.
DOCT has a market cap of $298.05 million. This is considered a Small Cap stock.
In the last 3 years, DOCT traded as high as $40.40 and as low as $29.97.
DOCT has underperformed the market in the last year with a return of +4.6%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DOCT shares. However, DOCT has outperformed the market in the last 3 month and 2 week periods, returning -1.8% and -2.9%, while SPY returned -4.2% and -5.4%, respectively. This indicates DOCT has been having a stronger performance recently.
DOCT support price is $39.10 and resistance is $39.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DOCT shares will trade within this expected range on the day.