FT Vest U.S. Equity Dual Directional Buffer ETF - NovemberDLNV

First TrustDefined OutcomeBuffer#115 of 318 by YTD

$34.08

+0.7% last session

+9.4% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026DLNVS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.7%	+0.3%	+2.0%	+9.4%	—	—	—	+11.3%
Peer average	+0.8%	+96.8%	+0.9%	+8.5%	+9.8%	+50.0%	+54.0%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $20M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $33.79
Volume: 5K
Avg. volume 30D: 2K
High today: $34.08
Low today: $34.05
Previous close: $33.85
52-week high: $34.08
52-week low: $29.95
Our risk indicator: 3/5

DLNV in One Breath

DLNV Among Buffer ETFs

YTD

#1QMARFirst Trust+14.8%$614M

#2BAPRInnovator+14.7%$414M

#3PQAPPGIM+14.1%$31.7M

#4KAPRInnovator+13.9%$179M

#5KFEBInnovator+13.9%$40.7M

#6APRTAllianzIM+13.9%$47.0M

#7FMARFirst Trust+13.8%$1.2B

#8RSSEFirst Trust+13.6%$35.0M

#107DLNVFirst Trust+9.4%$20.3M

End-of-day Nov 5, 2026 · 289 Buffer ETFs by YTD

$10,000 in DLNV

$10,000 in DLNV became

$11,126

In the S&P 500 (VOO)

$11,593

Total return, dividends in · Nov 24, 2025 – Nov 4, 2026 · S&P 500 uses VOO

DLNV Returns by Period

Today

YTD

MAX

DLNV

+0.7%

+0.3%

+2.0%

+9.4%

—

+11.3%

Peer average

+0.8%

+96.8%

+0.9%

+8.5%

+9.8%

+50.0%

+54.0%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 372 Buffer ETFs

DLNV’s Defined Outcome Rank

YTD

#115of 318
defined outcome ETFs

Best · SIXH+18.4%

DLNV+9.4%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

DLNV Price and 52-Week Range

From the 52-week high

0.0%

From the 52-week low

+13.8%

Today $34.05 – $34.08

Previous close $33.85

$34.08 now

52-week low$29.9552-week high$34.08

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

DLNV’s Share of Buffer ETFs

Today

0.0%

of the $86.4B in 373 Buffer ETFs

DLNV$20.3M0.0%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$73.3B84.8%

Buffer ETF AUM · Nov 5, 2026

DLNV Fee per $100 vs Peers

Today

$0.85a year
per $100

$85 a year on $10,000

BUFR$0.10

BUFD$0.10

BUFQ$0.10

DLNV$0.85

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 5, 2026

Inside DLNV

5 holdings

DLNV

FT Vest U.S. Equity Dual Directional Buffer ETF - November

Today

DLNV reports no holdings we can show: […]

First Trust DLNV · holdings

How It Compares

DLNV

FT Vest U.S. Equity Dual Directional Buffer ETF - November’s Peers

Today


BUFR	First TrustRead Desk	0.10%	+1.1%	+11.8%	$10.9B
BUFD	First TrustRead Desk	0.10%	+0.9%	+9.8%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+0.8%	+11.0%	$1.7B
FMAY	First TrustRead Desk	0.85%	+1.2%	+9.5%	$1.5B
FJAN	First TrustRead Desk	0.85%	+1.1%	+12.4%	$1.5B
DLNV	First TrustThis fundRead Desk	0.85%	+0.7%	new	$20M

Buffer peers · Today’s and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put DLNV head to head with BUFR →

BUFR vs DLNV

YTD

BUFRFirst Trust · BufferDLNVFirst Trust · Buffer

Year to date

+10.3%

+9.4%

BUFR wins+0.9 pts

Past year

+11.8%

[…]

Level

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$20.3M

BUFR538.5× more

2–0BUFR wins

First Trust BUFR and First Trust DLNV · year-to-date · as of Nov 5, 2026 · AUM not scored

DLNV vs VOO

YTD

DLNV · FT Vest U.S. Equity Dual Directional Buffer ETF - November

+9.4%

VOO · S&P 500

+13.4%

Gap

4.0 pts

First Trust DLNV and Vanguard VOO · Today total return · as of Nov 5, 2026

DLNV vs Its Peer Average

YTD

DLNVAvsBPeer average

1D+0.7%+0.8%

1M+0.3%+96.8%

3M+2.0%+0.9%

YTD+9.4%+8.5%

1Y[…]+9.8%

3Y[…]+50.0%

5Y[…]+54.0%

2–2level

372 Buffer peers · each row scaled to its leader

The Details

DLNV

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−2.0%

52-week range

$34.08

$29.95at the high$34.08

First Trust DLNV · past-year price moves · as of Nov 5, 2026

DLNV

Fund Facts

Today

2025launched Nov 21

Tracks[…]

Exchange · CUSIPCBOE · 33744U402

StructureETF

Leverage1x

Cost on $10,000$85 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust DLNV · fund facts · as of Nov 5, 2026

DLNV

Payouts by Year

Today

$0no payouts on record

DLNV does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

First Trust DLNV · distributions by ex-date

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗prospectus · SEC 485BPOS ↗

Trading & Liquidity

Net asset value$33.79

Premium / discount[…]

Median spread · 30D[…]

Volume today5K

Average volume · 30D2K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.85%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$85.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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