DAPRFT Vest U.S. Equity Deep Buffer ETF - April
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a cap of 12.04% and a buffer against losses between -5% and -30%.
By First Trust · Launched 2021
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$322M
#2,019 of 6,040 · large
Return (1Y)
+8.1%
Track Record
5 years
#2,321 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,793+7.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 115.2% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 4 C5.25
98.0%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.25
7.4%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.25
6.3%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.25
3.1%
Dreyfus Government Cash Management Funds
0.4%
CBOE GLOBAL MARKETS, INC.SPY 4 P500.09
0.1%
CBOE GLOBAL MARKETS, INC.SPY 4 P500.09
0.0%
CBOE GLOBAL MARKETS, INC.SPY 4 P500.09
0.0%
CBOE GLOBAL MARKETS, INC.SPY 4 P500.09
0.0%
CBOE GLOBAL MARKETS, INC.SPY 4 P368.49
-0.0%
Asset allocation
Stocks
99.1%
Cash
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.6%Low
Year-on-year price swings
Max drawdown
-10.5%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.78Decent risk-adjusted returns
Sortino (3Y)
1.13Good downside protection
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, with a cap of 12.04% and a buffer against losses between -5% and -30%.
- Strategy
- Invests in FLEX Options to provide a deep buffer against Underlying ETF losses between -5% and -30% while matching the price return of the SPDR S&P 500 ETF Trust up to a cap of 12.04%. Employs a target outcome strategy to achieve these results over the Target Outcome Period.
- Inception date
- April 16, 2021
- Fund family
- First Trust
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Data updated on 2026-09-18