GOCT

FT Vest U.S. Equity Moderate Buffer ETF - October

$38.69
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Moderate Buffer ETF - October seeks to provide investors with a buffer against downside losses in the U.S. equity market while participating in some of the upside potential.

Overview

ETF tracking FT Vest U.S. Equity Moderate Buffer ETF - October

Category Other
Issuer Other
Inception Date 2023-10-23
Market Cap $218.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $32.14 - $39.16
VWAP $38.75

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Moderate Buffer ETF - October seeks to provide investors with a buffer against downside losses in the U.S. equity market while participating in some of the upside potential.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equity securities and uses options strategies to provide a buffer against the first 10-15% of losses in the underlying equity portfolio. This buffer resets annually in October.

✨ Key Features

  • Provides a buffer against the first 10-15% of losses in the U.S. equity market
  • Resets the buffer annually in October
  • Participates in some of the upside potential of the U.S. equity market
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk - The ETF's performance is tied to the U.S. equity market, which can be volatile
  • Option strategy risk - The options used to provide the buffer expose the fund to the risks of the options market
  • Reset risk - The buffer resets annually, so investors may not be protected from losses exceeding the buffer in a given year
  • Limited performance history - This is a new ETF with no long-term track record

👤 Best For

This ETF may be suitable for investors seeking U.S. equity exposure with some downside protection, particularly those with a moderate risk tolerance and a time horizon of at least 3-5 years. However, the limited performance history means it may not be appropriate for all investors.