Key stats
About FT Vest Laddered Small Cap Moderate Buffer ETF
Home page
Inception date
May 29, 2024
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
US33740F2433
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
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%
ETF99.99%
Cash0.01%
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
BUFS top holdings are FT Vest U.S. Small Cap Moderate Buffer ETF - November and FT Vest U.S. Small Cap Moderate Buffer ETF - February, occupying 25.08% and 25.04% of the portfolio correspondingly.
BUFS assets under management is 92.84 M USD. It's risen 5.34% over the last month.
BUFS fund flows account for 78.67 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, BUFS doesn't pay dividends to its holders.
BUFS shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on May 29, 2024, and its management style is Active.
BUFS expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
BUFS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFS invests in funds.
BUFS price has risen by 5.00% over the last month, and its yearly performance shows a 4.81% increase. See more dynamics on BUFS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.12% over the last month, showed a 7.82% increase in three-month performance and has increased by 3.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.12% over the last month, showed a 7.82% increase in three-month performance and has increased by 3.60% in a year.
BUFS trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.