Key stats
About FT Vest Laddered Enhance & Moderate Buffer ETF
Home page
Inception date
Jun 24, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US33744U2042
BUFX holds a laddered portfolio of defined outcome buffer ETFs. It consists of 12 equity buffer funds, each of which uses FLEX options to provide approximately twice of any positive price returns of SPY, up to a predetermined upside cap while preventing realization of the first 15% of its losses over a one-year period. Each underlying ETFs target outcome period, during which it resets its cap and refreshes its buffer, occurs every month on a rolling basis. This laddered approach creates a continuous hedge for BUFX regardless of each underlying ETF's outcome period, which in effect, reduces the timing risks associated with acquiring or disposing of any one underlying ETF at any one time. The fund generally rebalances its portfolio to equal weight every quarter. Information on BUFX's exposure to the underlying ETFs, remaining cap, and buffer are provided daily on the issuer's 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%
ETF99.98%
Cash0.02%
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
BUFX top holdings are FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November and FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December, occupying 8.37% and 8.35% of the portfolio correspondingly.
BUFX assets under management is 7.31 M USD. It's risen 0.48% over the last month.
BUFX fund flows account for 7.16 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, BUFX doesn't pay dividends to its holders.
BUFX shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Jun 24, 2025, and its management style is Active.
BUFX expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
BUFX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFX invests in funds.
BUFX trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.