FAUGFT Vest U.S. Equity Buffer ETF - August
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, up to a cap of 14.29%, while providing a buffer against the first 10% of losses.
By First Trust · Launched 2019
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$1.3B
#1,039 of 6,040 · large
Return (1Y)
+11.7%
Track Record
6 years
#1,976 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,116+11.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 103.2% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 8 C6.43
86.8%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.43
8.6%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.43
4.3%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.44
2.3%
Dreyfus Government Cash Management Funds
0.7%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.43
0.2%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.44
0.2%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.44
0.1%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.44
0.0%
CBOE GLOBAL MARKETS, INC.SPY 8 P579.1
-0.0%
Asset allocation
Stocks
98.8%
Cash
1.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
7.0%Low
Year-on-year price swings
Max drawdown
-23.4%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
1.09Strong 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, up to a cap of 14.29%, while providing a buffer against the first 10% of losses.
- Strategy
- Invests substantially all assets in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against the first 10% of losses and a cap of 14.29% on returns. The strategy is designed to achieve predetermined outcomes based on the Underlying ETF's performance over the Target Outcome Period.
- Inception date
- November 6, 2019
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18