DJUL

FT Vest U.S. Equity Deep Buffer ETF - July

$46.81
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Deep Buffer ETF - July seeks to provide investors with a buffer against losses in the U.S. equity market during the month of July.

Overview

ETF tracking FT Vest U.S. Equity Deep Buffer ETF - July

Category Other
Issuer Other
Inception Date 2020-07-20
Market Cap $407.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $38.30 - $47.23
VWAP $46.82

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Deep Buffer ETF - July seeks to provide investors with a buffer against losses in the U.S. equity market during the month of July.

🎯 Investment Strategy

The ETF uses a options-based strategy to provide a buffer against losses of up to 10% in the U.S. equity market during the month of July. It aims to participate in the upside of the market up to a cap, while limiting downside exposure.

✨ Key Features

  • Provides a buffer against losses of up to 10% in the U.S. equity market during the month of July
  • Participates in the upside of the market up to a cap
  • Resets the buffer and upside cap on an annual basis in July
  • Designed to help manage risk and volatility during a specific time period

⚠️ Primary Risks

  • Market risk - The ETF's performance is tied to the U.S. equity market and can be volatile
  • Capped upside potential - Investors forgo gains above the upside cap in exchange for the buffer
  • Reset risk - The buffer and cap reset annually, which can impact performance
  • Liquidity risk - As a new ETF, trading volume and liquidity may be limited

👤 Best For

This ETF may be suitable for investors seeking to manage downside risk in their U.S. equity exposure during the month of July. It could be used as a tactical position or as part of a broader diversified portfolio.