Key stats
About FT Vest Laddered Nasdaq Buffer ETF
Home page
Inception date
Jun 15, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33740U7524
BUFQ is a basket of defined outcome buffer ETFs. It consists of four equity buffer funds, each of which has exposure to QQQs capped gains and 10% buffered losses. The fund will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and finally, a fourth ETF with options expiring within 12 months. Unlike the monthly equity buffers that reset annually on a specific month, BUFQ refreshes quarterly (one of the underlying ETFs resets its cap and refreshes its buffer). This creates a continuous hedge for BUFQ regardless of each underlying ETFs outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFQs exposure to the underlying ETFs, remaining cap and buffer is provided daily on the issuers website. Prior to May 10, 2024, the fund was called FT Vest Fund of Nasdaq-100 Buffer ETFs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.96%
Mutual fund0.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFQ invests in funds. The fund's major sectors are ETF, with 99.96% stocks, and Mutual fund, with 0.04% of the basket. The assets are mostly located in the North America region.
BUFQ top holdings are FT Vest Nasdaq-100 Buffer ETF - December and FT Vest Nasdaq-100 Buffer ETF - September, occupying 25.09% and 25.08% of the portfolio correspondingly.
BUFQ assets under management is 1.03 B USD. It's risen 2.12% over the last month.
BUFQ fund flows account for 208.16 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BUFQ doesn't pay dividends to its holders.
BUFQ shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Jun 15, 2022, and its management style is Active.
BUFQ expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
BUFQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFQ invests in funds.
BUFQ price has risen by 1.68% over the last month, and its yearly performance shows a 17.05% increase. See more dynamics on BUFQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.89% over the last month, showed a 5.80% increase in three-month performance and has increased by 16.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.89% over the last month, showed a 5.80% increase in three-month performance and has increased by 16.67% in a year.
BUFQ trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.