APXMFT Vest U.S. Equity Max Buffer
Seeks to provide returns that match the price return of the Underlying ETF up to a predetermined upside cap while providing a buffer against losses.
By First Trust · Launched 2025
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$21M
#4,531 of 6,040 · small
Return (1Y)
+4.8%
Track Record
1 year
#4,266 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,474+4.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 100.1% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 4 C5.24
91.4%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.24
20.3%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.24
10.2%
Dreyfus Government Cash Management Funds
0.4%
CBOE GLOBAL MARKETS, INC.SPY 4 P526.39
0.1%
CBOE GLOBAL MARKETS, INC.SPY 4 P526.39
0.0%
CBOE GLOBAL MARKETS, INC.SPY 4 P526.39
0.0%
CBOE GLOBAL MARKETS, INC.SPY 4 C564.52
-3.7%
CBOE GLOBAL MARKETS, INC.SPY 4 C564.52
-5.6%
CBOE GLOBAL MARKETS, INC.SPY 4 C564.52
-13.0%
Asset allocation
Stocks
98.9%
Cash
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.4%Low
Year-on-year price swings
Max drawdown
-0.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the Underlying ETF up to a predetermined upside cap while providing a buffer against losses.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to implement a target outcome strategy, aiming to provide a maximum buffer against losses while setting a predetermined upside cap. The Fund seeks to buffer against the first 50.09% of Underlying ETF losses over an approximate one-year period.
- Inception date
- April 16, 2025
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18