BUFTFT Vest Buffered Allocation Defensive ETF
Seeks to provide investors with capital preservation.
By First Trust · Launched 2021
1.21%
#5,483 of 5,854 · expensive
$146M
#2,630 of 5,854 · mid-size
0.00%
4 years
#2,465 of 5,854 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 8 holdings = 100.0% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide investors with capital preservation.
- Strategy
- Invests in a portfolio of ETFs that provide a defined buffer against losses of SPY over a one-year period while seeking returns based on SPY's price return, up to a predetermined cap. Employs a target outcome strategy to manage downside risk and upside potential.
- Inception date
- October 26, 2021
- Fund family
- First Trust
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You can build this cheaper yourself
Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.
Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-03