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DMARFT Vest U.S. Equity Deep Buffer ETF - March

Stay safeGrow my money5y track recordRanked #125 of 387 in this goal

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 2021

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$465M

#1,722 of 6,040 · large

Return (1Y)

+12.1%

Track Record

5 years

#2,291 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,213+12.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 108.4% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 3 C5.63
91.8%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.63
14.5%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.63
1.8%
Dreyfus Government Cash Management Funds
0.3%
CBOE GLOBAL MARKETS, INC.SPY 3 P535.78
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P535.78
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P535.78
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P394.79
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P394.79
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P394.79
-0.0%

Asset allocation

Stocks
99.1%
Cash
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.7%Low

Year-on-year price swings

Max drawdown
-9.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.11Strong risk-adjusted returns
Sortino (3Y)
1.60Good 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 aiming for returns matching the ETF's price performance. The strategy includes a cap of 13.07% on returns before fees and expenses.
Inception date
March 19, 2021
Fund family
First Trust

Next steps

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Data updated on 2026-09-18