DFEBFT Vest U.S. Equity Deep Buffer ETF - February
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust with a buffer against losses between -5% and -30%.
By First Trust · Launched 2020
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$446M
#1,755 of 6,040 · large
Return (1Y)
+11.3%
Track Record
6 years
#2,031 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,085+10.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 103.6% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 2 C6.88
96.1%
CBOE GLOBAL MARKETS, INC.SPY 2 P654.96
4.6%
Dreyfus Government Cash Management Funds
1.2%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.88
0.9%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.88
0.9%
CBOE GLOBAL MARKETS, INC.SPY 2 P654.96
0.0%
CBOE GLOBAL MARKETS, INC.SPY 2 P654.96
0.0%
CBOE GLOBAL MARKETS, INC.SPY 2 P482.6
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 2 P482.6
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 2 C771.27
-0.0%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.3%Low
Year-on-year price swings
Max drawdown
-14.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.23Strong risk-adjusted returns
Sortino (3Y)
1.82Good 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 buffer against losses between -5% and -30%.
- Strategy
- Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against losses between -5% and -30% while targeting a cap of 11.87%. The strategy aims to deliver returns matching the Underlying ETF's performance up to the cap.
- Inception date
- February 21, 2020
- Fund family
- First Trust
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Data updated on 2026-09-18