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DHSBDay Hagan Smart Buffer ETF

Grow my moneyStay safe1y track recordRanked #262 of 364 in this goal

Seeks long-term capital appreciation and preservation of capital.

By Day Hagan · Launched 2025

Annual Cost

0.68%

#3,555 of 5,861 · average

Fund Size

$38M

#3,916 of 5,861 · mid-size

Return (1Y)Goal

+8.2%

Track Record

1 year

#4,078 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,826+8.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

What it actually holds

By weight

Concentration

Top 4 holdings = 99.6% of fundconcentrated

SPDR S&P 500 ETF Trust
101.0%
SPDR S&P 500 ETF Trust
2.2%
SPDR S&P 500 ETF Trust
-0.5%
SPDR S&P 500 ETF Trust
-3.0%

Asset allocation

Stocks
99.8%
Cash
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.5%Low

Year-on-year price swings

Max drawdown
-7.6%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
NYSE Arca

Full fund details

Objective
Seeks long-term capital appreciation and preservation of capital.
Strategy
Actively manages a portfolio of U.S.-listed equity securities and ETFs that replicate broad-based U.S. equity indexes. Utilizes options strategies to generate income and hedge against losses, including selling covered calls and buying puts on U.S. Equity Investments across large-, mid-, and small-cap segments.
Inception date
February 13, 2025
Fund family
Day Hagan

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

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 2026-08-04