XSEP

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

$41.66
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

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

Category Other
Issuer Other
Inception Date 2022-09-22
Market Cap $129.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $36.03 - $42.03
VWAP $41.63

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF 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 equity securities and options contracts designed to provide a buffer against losses while enhancing returns in rising markets. The fund aims to track its underlying index, which uses a rules-based strategy to provide moderate downside protection and upside participation.

✨ Key Features

  • Seeks to provide a buffer against the first 15% of losses in the U.S. equity market
  • Aims to enhance returns in rising markets up to a cap
  • Utilizes a rules-based index methodology to manage risk and return
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Derivatives risk: The use of options contracts may not achieve the desired results and could reduce returns
  • Tracking error risk: The fund may not perfectly track its underlying index
  • Limited performance history: This is a new fund with limited track record

👤 Best For

This ETF may be suitable for investors seeking moderate downside protection and enhanced upside participation in the U.S. equity market, while maintaining a low-cost investment. It may be appropriate as a core or satellite holding in a diversified portfolio.