IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

DOCT vs PMNV: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 DOCT can fall 6.2% before its buffer engages and PMNV 0.9%, and DOCT resets 16 days sooner.

askIQ about this page

askIQ about DOCT and PMNV

Net assets: $421m on Nov 3, 2026 for FT Vest U.S. Equity Deep Buffer ETF - October, and $5.6m on Nov 4, 2026 for PGIM S&P 500 Max Buffer ETF - November.

DOCT on its own →PMNV on its own →
At a glance
6.2%
DOCT can fall this far before its buffer
0.9%
PMNV can fall this far before its buffer
12.9%
DOCT can still gain
7.4%
PMNV can still gain
DOCT Between buffer and cap
Between buffer and capDOCT: reference +0.5% since period start, fund +0.3%; buffer −5 to −30; cap +14.2%; Between buffer and cap. Data to Nov 4, 2026.25 pts of buffer+13.7% more to the cap−30.0% floor−5.0% buffer start0% period start+14.2% capfirst 5 pts are yours to lose+0.5% gain capturedTODAY · SPY +0.5%Between buffer and capDOCT: reference +0.5% since period start, fund +0.3%; buffer −5 to −30; cap +14.2%; Between buffer and cap. Data to Nov 4, 2026.25 pts−30.0% floor−5.0% buffer start0% start+14.2% capfirst 5 pts are yours to lose+0.5% gain captured+13.7% more to the capTODAY · SPY +0.5%

DOCT: reference +0.5% since period start, fund +0.3%; buffer −5 to −30; cap +14.2%; Between buffer and cap. Data to Nov 4, 2026.

DOCT: reference +0.5% since period start, fund +0.3%; buffer −5 to −30; cap +14.2%; Between buffer and cap. Data to Nov 4, 2026.
PMNV Full floor
Full floorPMNV: reference +1.5% since period start, fund +0.4%; buffer Floor; cap +8.3%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% period start+8.3% cap+1.5% gain captured+6.8% more to the capTODAY · SPY +1.5%Full floorPMNV: reference +1.5% since period start, fund +0.4%; buffer Floor; cap +8.3%; Full floor. Data to Nov 4, 2026.full floor beneathfull floor0% start+8.3% cap+1.5% gain captured+6.8% more to the capTODAY · SPY +1.5%

PMNV: reference +1.5% since period start, fund +0.4%; buffer Floor; cap +8.3%; Full floor. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PMNV costs 0.35 points a year less; their one-year returns differ by 3.7 points; DOCT is far larger, $421m against $5.1m.

Points (pts) are percentage points.

DOCT vs PMNV: Cap, Buffer & Days Left
MeasureDOCTPMNV
Return
Total return, 1 year+10.6%+6.9%
Drawdown
Index fall to the buffer5.4%1.4%
Benchmark
What it tracksSPYSPY
Cost and size
Expense ratio0.85%0.50%
Net assets, as of Nov 3, 2026$421m$5.1m
Holdings
Holdings in commonnot published

Method

Window by window

Window by window: DOCT vs PMNV: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowDOCTPMNVDOCTPMNV
3 months+2.1%+1.9%+2.5 pts+2.3 pts
6 months+5.2%+3.8%+0.7 pts−0.7 pts
1 year+10.6%+6.9%−2.9 pts−6.6 pts
3 years+39.2%–−37.2 pts–
Since launchNot the same days: DOCT Aug 2020 · PMNV Nov 2025+284.8%+6.8%+157.9 pts−5.4 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

DOCT FT Vest U.S. Equity Deep Buffer ETF - October · Absorbs losses from 5.0% to 30.0% on SPY and caps the gain at 14.2%, over a period ending Oct 15, 2027 PMNV PGIM S&P 500 Max Buffer ETF - November · Absorbs the whole loss on SPY and caps the gain at 8.3%, over a period ending Oct 31, 2027
Issuer First Trust PGIM
Reference index SPY SPY
Buffer 5% to 30% 100%
Outcome period Oct 19, 2026 to Oct 15, 2027 Nov 1, 2026 to Oct 31, 2027
Days left 345 361
Starting cap +14.2% +8.3%
Can still gain 12.9% 7.4%
Fall before buffer 6.2% 0.9%
Protection left, index points 25.0% of 25.0% 100.0% of 100.0%
Index return this period +0.5% +1.5%
Fund return this period +0.3% +0.4%
State today Open Open
Expense ratio 0.85% 0.50%
Net assets, DOCT as of Nov 3, 2026 and PMNV as of Nov 4, 2026 $421m $5.6m

As of Nov 4, 2026. Source: ETFIQ.

These are two different products. PMNV is a floor fund, which caps how far a holder can fall. DOCT is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.

Where each one stands today

DOCT resets first, on Oct 15, 2027, 345 days from now; PMNV runs to Oct 31, 2027, 361 days. DOCT can still gain 12.9% before its cap, PMNV 7.4%. A fall from here reaches DOCT’s buffer after 6.2% and PMNV’s after 0.9%. Both track SPY, so what separates them is where each is in its own period.

Alert

DOCT and PMNV flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DOCT

From its price on Nov 4, 2026, the fund can gain about 12.9% more before it reaches its cap. The fund's price can fall 6.2% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 5.4% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 345 days remained on Nov 4, 2026. On Oct 15, 2027 the period ends and a new cap is set.

PMNV

From its price on Nov 4, 2026, the fund can gain about 7.4% more before it reaches its cap. The fund's price can fall 0.9% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.4% from today's level to the point where the buffer begins. Protection left, in index points: 100.0% of the 100.0% buffer still sits below today's SPY level. 361 days remained on Nov 4, 2026. On Oct 31, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, DOCT or PMNV?
From their prices on Nov 4, 2026, DOCT can gain about 12.9% before its cap and PMNV about 7.4%, so DOCT has more room left this period.
Which resets first, DOCT or PMNV?
DOCT ends its outcome period on Oct 15, 2027 and PMNV on Oct 31, 2027. A new cap is set the day after each.
Which is cheaper, DOCT or PMNV?
DOCT charges 0.85% a year and PMNV charges 0.50%, so PMNV is cheaper. Fees come from each fund's prospectus.
Other comparisons
DOCT vs NVBTDOCT vs DDTNDOCT vs CPSODOCT vs NVBUPMNV vs GOCTPMNV vs PNOVPMNV vs ZNOVPMNV vs FOCT
Where to next
State Street® SPDR® S&P 500® ETF Trust →All buffer ETFs ranked by the Downside Cover Score →How the scores are computed →DOCT on its own →PMNV on its own →PMNV dividend history →Method →Standards and sources →
Sources and dates
DOCT filings on SEC EDGAR ↗
First Trust page for DOCT ↗
PMNV filings on SEC EDGAR ↗
PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, DOCT against PMNV, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/doct-vs-pmnv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.