XNOV

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XNOV) 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.

✨ Key Features

• Seeks to provide a moderate buffer against losses of up to 15% while enhancing potential upside returns
• Invests in a portfolio of U.S. equity securities and options contracts
• Resets the buffer and enhancement levels on a monthly basis
• Designed to limit downside risk and capture a portion of the upside in the U.S. equity market

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
• Derivatives risk: The use of options contracts may not achieve the desired results and could reduce returns or increase volatility
• Liquidity risk: The ETF may have difficulty buying or selling certain investments at an optimal time and price
• Concentration risk: The ETF's performance may be more volatile due to its focus on U.S. equities

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. equity market with a moderate level of downside protection and the potential for enhanced upside returns. It may be particularly appealing to investors with a moderate risk tolerance who are looking to manage volatility in their portfolio.