ETF profile
FT Vest U.S. Small Cap Moderate Buffer ETF - August logo

FT Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG)

ETF overview

SAUG uses options in an effort to moderate losses on shares of iShares Russell 2000 ETF (ticker: IWM) over a one-year period, starting in August. The fund foregoes some upside return, as well as the dividend component of IWM because the options are written on the price (not total) return version of the shares, in exchange for preventing realization of the first 15% of the losses in IWM value. Should the shares of IWM decline greater than 15%, investors participate in the downside performance on a $1 for $1 basis. Shares must be held over a specific period to pursue the intended results. At the end of the target outcome period, the fund will reset for a new outcome period tied to the same index and buffer, but the cap may change based on market rates. The targeted cap and buffer do not include the funds expense ratio and should be taken into consideration. The fund is actively managed and uses FLEX options on IWM shares exclusively.

WebsiteN/A
CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
27.09 USD+0.15%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.90%
Fund assets
127.28M USD (all share classes)
Issuer
First Trust
Inception date
Aug 18, 2023
Number of holdings
4

Holdings (4)

NameTickerWeight
2027-08-20 iShares Russell 2000 ETF C 392.56%
2027-08-20 iShares Russell 2000 ETF P 299.9610.91%
2027-08-20 iShares Russell 2000 ETF C 353.20-0.61%
2027-08-20 iShares Russell 2000 ETF P 254.97-3.97%

Similar ETFs

Historical returns do not guarantee future returns. This is not investment advice.

FT Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG)

SAUG · CBOE
27.09 USD+0.15%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.90%
Fund assets
127.28M USD (all share classes)
Issuer
First Trust
Inception date
Aug 18, 2023
Number of holdings
4
Holdings (4)
NameTickerWeight
2027-08-20 iShares Russell 2000 ETF C 392.56%
2027-08-20 iShares Russell 2000 ETF P 299.9610.91%
2027-08-20 iShares Russell 2000 ETF C 353.20-0.61%
2027-08-20 iShares Russell 2000 ETF P 254.97-3.97%
ETF overview

SAUG uses options in an effort to moderate losses on shares of iShares Russell 2000 ETF (ticker: IWM) over a one-year period, starting in August. The fund foregoes some upside return, as well as the dividend component of IWM because the options are written on the price (not total) return version of the shares, in exchange for preventing realization of the first 15% of the losses in IWM value. Should the shares of IWM decline greater than 15%, investors participate in the downside performance on a $1 for $1 basis. Shares must be held over a specific period to pursue the intended results. At the end of the target outcome period, the fund will reset for a new outcome period tied to the same index and buffer, but the cap may change based on market rates. The targeted cap and buffer do not include the funds expense ratio and should be taken into consideration. The fund is actively managed and uses FLEX options on IWM shares exclusively.

CountryUnited States of America
Trades inUSD
Similar ETFs

Historical returns do not guarantee future returns. This is not investment advice.

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