FDEC

FT Vest U.S. Equity Buffer ETF - December

$49.70
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - December (FDEC) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during certain market conditions.

Overview

ETF tracking FT Vest U.S. Equity Buffer ETF - December

Category Other
Issuer Other
Inception Date 2020-12-21
Market Cap $1.1B
Average Volume N/A
Dividend Yield N/A
52-Week Range $39.93 - $50.07
VWAP $49.71

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - December (FDEC) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during certain market conditions.

🎯 Investment Strategy

FDEC is a buffer ETF that attempts to provide investors with upside participation in the U.S. equity market up to a predetermined cap, while also limiting downside risk to a specified buffer level over a one-year outcome period. The fund uses a rules-based options strategy to achieve this objective.

✨ Key Features

  • Seeks to provide upside exposure to the U.S. equity market up to a predetermined cap
  • Aims to limit downside risk to a specified buffer level over a one-year outcome period
  • Utilizes a rules-based options strategy to achieve its investment objective
  • Resets annually on a specific date (in this case, December)

⚠️ Primary Risks

  • Market risk: The fund's value may decrease due to changes in general market conditions
  • Options risk: The fund's use of options exposes it to the risk of loss from adverse market movements
  • Capped upside potential: The fund's returns are capped, limiting its potential for upside participation
  • Reset risk: The fund's strategy resets annually, which may result in changes to the upside cap and downside buffer

👤 Best For

FDEC may be suitable for investors seeking U.S. equity exposure with the potential for limited downside risk, and who are comfortable with the fund's capped upside potential and annual reset mechanism. Investors should have a medium-term investment horizon and be willing to hold the fund for the full one-year outcome period.