SMAY
FT Vest U.S. Small Cap Moderate Buffer ETF - May
📎 Investment Objective
The FT Vest U.S. Small Cap Moderate Buffer ETF (SMAY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Small Cap Moderate Buffer Index.
Overview
ETF tracking FT Vest U.S. Small Cap Moderate Buffer ETF - May
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest U.S. Small Cap Moderate Buffer ETF (SMAY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Small Cap Moderate Buffer Index.
🎯 Investment Strategy
The ETF invests in a portfolio of U.S. small-cap stocks that are designed to provide moderate downside protection compared to the broader small-cap market. The fund aims to limit losses in down markets while still participating in upside potential.
✨ Key Features
- Provides moderate downside buffer protection for U.S. small-cap stocks
- Tracks an index designed to limit losses in market downturns
- Invests in a diversified portfolio of U.S. small-cap equities
- Expense ratio of 0.00%
⚠️ Primary Risks
- Equity market risk - The value of the ETF's holdings may decline due to general market and economic conditions
- Small-cap risk - Smaller companies may have less liquidity and greater price volatility than larger companies
- Index tracking risk - The fund may not perfectly track its underlying index
- Buffered loss risk - The downside buffer may not fully protect against losses in severe market downturns
👤 Best For
This ETF may be suitable for investors seeking exposure to U.S. small-cap stocks with some downside protection, as part of a diversified portfolio. It may be particularly appealing to more conservative investors who want to limit losses in market downturns while still participating in potential small-cap upside.