ETF overview
The FT Vest Buffered Allocation Defensive ETF (BUFT) is designed to help investors safeguard their capital. This objective is achieved by allocating nearly all of its assets to a selection of other exchange-traded funds, referred to as "Underlying ETFs." These Underlying ETFs are structured to deliver returns linked to the price performance of the SPDR S&P 500 ETF Trust (SPY), incorporating a pre-set ceiling on potential gains (a "cap") and a specific safeguard against losses (a "buffer") from SPY's movements over a defined one-year period. First Trust Advisors L.P. serves as the advisor for both BUFT and its Underlying ETFs, with Vest Financial LLC acting as the sub-advisor. SPY, which aims to broadly track the S&P 500 Index's price and yield, is sponsored by PDR Services, LLC. It's crucial to understand that BUFT itself, in contrast to its Underlying ETFs, does not employ its own defined outcome strategy or provide a direct buffer against market declines. The protective buffer and the return caps are characteristics solely of the Underlying ETFs. As a result, BUFT may not fully capture the benefits of these buffers, and its overall upside potential could be restricted by the individual caps of the Underlying ETFs.
Fund facts
- Expense ratio
- 0.20%
- Fund assets
- 164.32M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Oct 26, 2021
- Number of holdings
- 7
Breakdown
Holdings (7)
| Name | Ticker | Weight |
|---|---|---|
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March | XMAR | 16.58% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December | XDEC | 16.29% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January | XJAN | 14.29% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February | XFEB | 13.99% |
| FT Vest U.S. Equity Deep Buffer ETF - March | DMAR | 13.79% |
| FT Vest U.S. Equity Moderate Buffer ETF - March | GMAR | 13.39% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April | XAPR | 11.60% |
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.20%
- Fund assets
- 164.32M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Oct 26, 2021
- Number of holdings
- 7
| Name | Ticker | Weight |
|---|---|---|
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March | XMAR | 16.58% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December | XDEC | 16.29% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January | XJAN | 14.29% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February | XFEB | 13.99% |
| FT Vest U.S. Equity Deep Buffer ETF - March | DMAR | 13.79% |
| FT Vest U.S. Equity Moderate Buffer ETF - March | GMAR | 13.39% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April | XAPR | 11.60% |
The FT Vest Buffered Allocation Defensive ETF (BUFT) is designed to help investors safeguard their capital. This objective is achieved by allocating nearly all of its assets to a selection of other exchange-traded funds, referred to as "Underlying ETFs." These Underlying ETFs are structured to deliver returns linked to the price performance of the SPDR S&P 500 ETF Trust (SPY), incorporating a pre-set ceiling on potential gains (a "cap") and a specific safeguard against losses (a "buffer") from SPY's movements over a defined one-year period. First Trust Advisors L.P. serves as the advisor for both BUFT and its Underlying ETFs, with Vest Financial LLC acting as the sub-advisor. SPY, which aims to broadly track the S&P 500 Index's price and yield, is sponsored by PDR Services, LLC. It's crucial to understand that BUFT itself, in contrast to its Underlying ETFs, does not employ its own defined outcome strategy or provide a direct buffer against market declines. The protective buffer and the return caps are characteristics solely of the Underlying ETFs. As a result, BUFT may not fully capture the benefits of these buffers, and its overall upside potential could be restricted by the individual caps of the Underlying ETFs.
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