CTAUCorgi U.S. Equities 30% Structured Buffer ETF - August Series
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a buffer against losses between -5% and -35%.
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What's inside
How Beacon categorizes this fundListing
- 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 cap while providing a buffer against losses between -5% and -35%.
- Strategy
- Invests primarily in FLEX Options on the SPDR S&P 500 ETF Trust to provide returns that match its price return up to a cap while offering a buffer against losses between -5% and -35%. The Fund aims to achieve these outcomes over an approximately one-year period.
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 2026-08-06