FFEB

FT Vest U.S. Equity Buffer ETF - February

$55.36
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - February seeks to provide investors with a buffer against losses in the U.S. equity market during a specified 12-month period, while providing upside participation.

Overview

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

Category Other
Issuer Other
Inception Date 2020-02-24
Market Cap $1.1B
Average Volume N/A
Dividend Yield N/A
52-Week Range $44.91 - $55.83
VWAP $55.41

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - February seeks to provide investors with a buffer against losses in the U.S. equity market during a specified 12-month period, while providing upside participation.

🎯 Investment Strategy

The ETF uses a defined outcome strategy, investing in a portfolio of FT Vest U.S. Equity Buffer ETF options contracts that are designed to provide a buffer against the first 10-15% of losses in the U.S. equity market over a 12-month period, while allowing for participation in a portion of the market's gains.

✨ Key Features

  • Defined outcome strategy providing a buffer against initial losses in the U.S. equity market
  • Resets annually in February to provide a new 12-month outcome period
  • Potential for upside participation, subject to a cap, if the market rises
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk - the ETF's returns are tied to the performance of the U.S. equity market
  • Capped upside potential - the ETF's gains may be limited by the upside cap
  • Reset risk - the buffer and upside cap reset annually, so investors may be subject to different levels of protection and participation
  • Liquidity risk - the ETF's options-based strategy may result in lower liquidity compared to traditional equity ETFs

👤 Best For

This ETF may be suitable for investors seeking equity market exposure with a level of downside protection, who have a medium-term investment horizon and are comfortable with the reset risk and capped upside potential.