Key stats
About FT Vest Laddered Moderate Buffer ETF
Home page
www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=BUFZ
Inception date
Oct 25, 2023
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
US33740U7292
BUFZ ladders a bundle of buffer ETFs into a single investment vehicle, thereby attempting to mitigate downside risk. It offers a fund-of-funds portfolio that equally invests across the issuer's own monthly Equity Buffer ETFs. Each of the underlying ETFs uses Flex options that aim for capped gains on the SPY and provide a buffer against the first 15% of losses over a one-year period. The strategy is designed to distribute the risk associated with market timing, reducing the impact of unfavorable entry points. Note that the fund itself does not pursue a specific outcome strategy. As a result, returns are subject to the caps set by the underlying ETFs. The adviser may acquire and dispose of securities that do not coincide with the beginning and end of the target outcome period, potentially impacting returns further. Initially, the fund will consist of four ETFs but will eventually hold all the calendar months representing each ETF.
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
BUFZ top holdings are FT Vest U.S. Equity Moderate Buffer ETF - October and FT Vest U.S. Equity Moderate Buffer ETF -November, occupying 8.35% and 8.35% of the portfolio correspondingly.
BUFZ assets under management is 623.97 M USD. It's risen 1.70% over the last month.
BUFZ fund flows account for 342.96 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, BUFZ doesn't pay dividends to its holders.
BUFZ shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Oct 25, 2023, and its management style is Active.
BUFZ expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
BUFZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFZ invests in funds.
BUFZ price has risen by 1.38% over the last month, and its yearly performance shows a 11.08% increase. See more dynamics on BUFZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a 4.73% increase in three-month performance and has increased by 11.47% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a 4.73% increase in three-month performance and has increased by 11.47% in a year.
BUFZ trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.