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AUGMFT Vest U.S. Equity Max Buffer ETF - August

Take a bet2y track recordRanked #564 of 995 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.

By First Trust · Launched 2024

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$44M

#3,868 of 6,040 · mid-size

Return (1Y)

+5.4%

Track Record

2 years

#3,667 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,542+5.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 104.3% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 8 C6.41
45.9%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.41
41.1%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.41
15.2%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.42
1.5%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.42
0.9%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.42
0.3%
CBOE GLOBAL MARKETS, INC.SPY 8 P257.38
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 8 P257.38
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 8 P257.38
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 8 C688.48
-0.5%

Asset allocation

Stocks
98.8%
Cash
1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.2%Low

Year-on-year price swings

Max drawdown
-4.3%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 SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.
Strategy
Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a maximum buffer against losses while setting a predetermined upside cap of at least 7%. The Fund employs a target outcome strategy to achieve these investment outcomes over an approximate one-year period.
Inception date
August 16, 2024
Fund family
First Trust

Next steps

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Data updated on 2026-09-18