First Trust Exchange-Traded Fund VIII FT Vest Laddered Small Cap Moderate Buffer ETFFirst Trust Exchange-Traded Fund VIII FT Vest Laddered Small Cap Moderate Buffer ETFFirst Trust Exchange-Traded Fund VIII FT Vest Laddered Small Cap Moderate Buffer ETF

First Trust Exchange-Traded Fund VIII FT Vest Laddered Small Cap Moderate Buffer ETF

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Key stats


Assets under management (AUM)
‪62.45 M‬USD
Fund flows (1Y)
‪61.55 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.07%
Shares outstanding
‪2.90 M‬
Expense ratio
1.00%

About First Trust Exchange-Traded Fund VIII FT Vest Laddered Small Cap Moderate Buffer ETF


Issuer
AJM Ventures LLC
Brand
FT Vest
Inception date
May 29, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
BUFS holds a laddered portfolio of defined outcome buffer ETFs. It consists of four equity buffer funds, each of which has exposure to IWMs capped gains and 15% 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, BUFS refreshes quarterly (one of the underlying ETFs resets its cap and refreshes its buffer). This creates a continuous hedge regardless of each underlying ETFs outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFS exposure to the underlying ETFs, remaining cap, and buffer are provided daily on the issuers website.

Classification


Asset Class
Equity
Category
Size and style
Focus
Small cap
Niche
Broad-based
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.