XAPR

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April

$36.02
+0.00%
Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XAPR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Equity Enhance & Moderate Buffer Index.

Overview

ETF tracking FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April

Category Other
Issuer Other
Inception Date 2024-04-22
Market Cap $52.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $30.85 - $36.08
VWAP $36.01

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XAPR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Equity Enhance & Moderate Buffer Index.

🎯 Investment Strategy

The ETF uses a fund-of-funds structure to invest in other ETFs that provide exposure to U.S. equity markets. It aims to provide upside participation in rising markets while limiting downside losses through the use of buffer protection strategies.

✨ Key Features

  • Seeks to provide enhanced upside exposure to U.S. equities with a moderate level of downside buffer protection
  • Utilizes a fund-of-funds approach to gain diversified exposure to U.S. stocks
  • Employs buffer protection strategies to limit losses in down markets
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Buffered loss risk: The buffer protection strategies may not fully protect against losses in all market environments
  • Underlying fund risk: The performance of the ETF is dependent on the performance of the underlying funds it invests in
  • Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time and price

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. equities with a moderate level of downside protection. It may be particularly appealing to those with a medium-term investment horizon and a moderate risk tolerance.