DLFEFT Vest U.S. Equity Dual Directional Buffer ETF - February
Seeks to provide returns that match the positive price return of the Underlying ETF up to a predetermined upside cap or match the absolute value of the negative price return of the Underlying ETF.
By First Trust · Launched 2026
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$68M
#3,434 of 6,040 · mid-size
Return (1Y)
N/A
Track Record
7 months
#5,190 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,686+6.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 120.9% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 2 C6.92
43.9%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.92
30.4%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.92
16.9%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.92
6.8%
CBOE GLOBAL MARKETS, INC.SPY 2 P603.28
5.6%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.46
5.5%
CBOE GLOBAL MARKETS, INC.SPY 2 P603.28
3.9%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.46
3.8%
CBOE GLOBAL MARKETS, INC.SPY 2 P603.28
2.1%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.46
2.1%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-5.0%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 American, Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the positive price return of the Underlying ETF up to a predetermined upside cap or match the absolute value of the negative price return of the Underlying ETF.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to achieve a target outcome strategy, providing returns that match the positive price return up to a 12.40% cap and a 10% buffer against losses exceeding the Inverse Performance Threshold. The strategy aims for dual directional returns regardless of the Underlying ETF's performance during the Target Outcome Period.
- Inception date
- February 19, 2026
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18