XMAY
FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May
📎 Investment Objective
The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XMAY) 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 - May
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XMAY) 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 an options strategy to seek to enhance returns and provide a moderate buffer against losses. The options strategy involves buying and selling call and put options on the S&P 500 Index.
✨ Key Features
- Seeks to enhance returns through an options strategy while providing a moderate buffer against losses
- Invests in a portfolio of U.S. equity securities
- Tracks the FT Vest U.S. Equity Enhance & Moderate Buffer Index
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's investments may decline due to general market conditions
- Options risk: The options strategy may not be successful and could result in losses
- Tracking error risk: The ETF may not perfectly track its underlying index
- Liquidity risk: The ETF may have difficulty buying or selling certain investments at an optimal time and price
👤 Best For
This ETF may be suitable for investors seeking exposure to U.S. equities with the potential for enhanced returns and a moderate level of downside protection. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with the options strategy.