DMAYFT Vest U.S. Equity Deep Buffer ETF - May
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust with a buffer against losses.
By First Trust · Launched 2020
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$379M
#1,879 of 6,040 · large
Return (1Y)
+8.4%
Track Record
6 years
#2,086 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,831+8.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 105.7% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 5 C5.93
88.1%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.93
15.2%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.93
1.6%
Dreyfus Government Cash Management Funds
0.4%
CBOE GLOBAL MARKETS, INC.SPY 5 P564.49
0.4%
CBOE GLOBAL MARKETS, INC.SPY 5 P564.49
0.1%
CBOE GLOBAL MARKETS, INC.SPY 5 P564.49
0.0%
CBOE GLOBAL MARKETS, INC.SPY 5 P415.94
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 5 P415.94
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 5 C667.29
-0.1%
Asset allocation
Stocks
99.0%
Cash
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.6%Low
Year-on-year price swings
Max drawdown
-13.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.88Decent risk-adjusted returns
Sortino (3Y)
1.27Good 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.
- Strategy
- Employs a target outcome strategy using FLEX Options to provide returns matching the SPDR S&P 500 ETF Trust's price performance, with a buffer against losses between -5% and -30%. The cap for returns is set at 13.56% before fees and expenses.
- Inception date
- May 15, 2020
- Fund family
- First Trust
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Data updated on 2026-09-18