BGLD

FT Vest Gold Strategy Quarterly Buffer ETF

$24.25

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The FT Vest Gold Strategy Quarterly Buffer ETF (BGLD) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest Gold Strategy Quarterly Buffer Index.

Overview

ETF tracking FT Vest Gold Strategy Quarterly Buffer ETF

Category Commodities

Issuer Other

Inception Date 2021-01-21

Market Cap $69.1M

Average Volume N/A

Dividend Yield 18.95%

52-Week Range $18.17 - $24.31

VWAP $24.23

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of exchange-traded futures contracts on gold and cash equivalents to track the performance of the underlying index. The index aims to provide exposure to gold with a built-in quarterly buffer to limit downside risk.

✨ Key Features

Provides exposure to the gold commodity through a rules-based futures-based strategy
Incorporates a quarterly buffer mechanism to limit downside risk
Low expense ratio of 0.00%
Limited performance history available due to the fund's recent inception

⚠️ Primary Risks

Commodity risk: The fund's performance is tied to the price of gold, which can be volatile and subject to market fluctuations
Derivatives risk: The use of futures contracts exposes the fund to the risks associated with the derivatives market
Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price
Limited performance history: With a limited track record, the fund's long-term performance is uncertain

👤 Best For

This ETF may be suitable for investors seeking exposure to the gold commodity with a focus on downside risk management. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.