BUFQ

FT Vest Laddered Nasdaq Buffer ETF

$35.01
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FT Vest Laddered Nasdaq Buffer ETF (BUFQ) seeks to provide investors with exposure to the Nasdaq-100 Index while aiming to limit downside risk through a laddered buffer strategy.

Overview

ETF tracking FT Vest Laddered Nasdaq Buffer ETF

Category Technology
Issuer Other
Inception Date 2022-06-16
Market Cap $1.1B
Average Volume N/A
Dividend Yield N/A
52-Week Range $27.46 - $35.52
VWAP $35.05

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FT Vest Laddered Nasdaq Buffer ETF (BUFQ) seeks to provide investors with exposure to the Nasdaq-100 Index while aiming to limit downside risk through a laddered buffer strategy.

🎯 Investment Strategy

BUFQ invests in a portfolio of options contracts on the Nasdaq-100 Index, using a laddered approach to provide a buffer against losses in the underlying index. The fund aims to limit downside risk to a predetermined level while allowing for upside participation.

✨ Key Features

  • Provides exposure to the Nasdaq-100 Index with a buffer against losses
  • Utilizes a laddered options strategy to manage risk
  • Aims to limit downside risk to a predetermined level
  • Allows for upside participation in the underlying index

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the Nasdaq-100 Index, and it may experience losses if the index declines
  • Options risk: The use of options contracts introduces additional risks, such as counterparty risk and liquidity risk
  • Laddered strategy risk: The effectiveness of the laddered buffer approach may be impacted by market conditions and the timing of option expirations
  • Lack of performance history: As a new fund, BUFQ does not have a long track record to evaluate its performance and risk profile

👤 Best For

BUFQ may be suitable for investors seeking exposure to the technology-heavy Nasdaq-100 Index with a level of downside protection. The fund's buffer strategy may appeal to investors with a moderate risk tolerance who want to limit potential losses while still participating in the upside of the underlying index.