XAUG

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

$36.83
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XAUG) 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 - August

Category Other
Issuer Other
Inception Date 2023-08-21
Market Cap $28.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $31.79 - $37.09
VWAP $36.86

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XAUG) 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 invests in a portfolio of U.S. equity securities and uses a buffer strategy to seek to limit downside risk. The fund aims to enhance returns compared to a traditional U.S. equity index while providing a moderate level of downside protection.

✨ Key Features

  • Seeks to track the performance of the FT Vest U.S. Equity Enhance & Moderate Buffer Index
  • Utilizes a buffer strategy to limit downside risk
  • Aims to enhance returns compared to a traditional U.S. equity index
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk - The value of the fund's investments may decline due to general market conditions
  • Equity risk - The fund is subject to the risks associated with the stock market, including volatility
  • Buffer strategy risk - The buffer strategy may not be effective in limiting downside losses
  • Tracking error risk - The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. equity market with a moderate level of downside protection. It could be a component of a diversified portfolio, particularly for investors with a medium-term investment horizon and a moderate risk tolerance.