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FBProShares S&P 500 Dynamic Daily Buffer ETF

Stay safeGrow my moneyNewRanked #287 of 340 in this goal

Seeks investment results that track the performance of the S&P 500 Daily Dynamic Buffer Index.

By ProShares · Launched 2025

Annual Cost

0.58%

#2,930 of 5,562 · average

Fund Size

$2M

#5,360 of 5,562 · small

Dividend YieldGoal

—

Track Record

12 months

#4,504 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,237+12.4%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Structured outcome

Index tracked

S&P 500 Daily Dynamic Buffer Index

What it actually holds

By weight

Concentration

Top 10 holdings = 34.8% of fund✓ well diversified

NVIDIA Corp.
6.2%
Apple, Inc.
5.9%
Microsoft Corp.
5.3%
Amazon.com, Inc.
3.3%
Broadcom, Inc.
2.7%
Repurchase Agreement
2.7%
Alphabet, Inc.
2.7%
Alphabet, Inc.
2.1%
Meta Platforms, Inc.
2.0%
Repurchase Agreement
1.9%

Asset allocation

Stocks
172.8%
Other
3.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-1.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks investment results that track the performance of the S&P 500 Daily Dynamic Buffer Index.
Strategy
Invests in financial instruments to track the S&P 500 Daily Dynamic Buffer Index, utilizing a Dynamic Buffer Strategy for upside participation and downside mitigation. The strategy includes a long position in the S&P 500 Index and options to create daily caps and buffers against losses.
Inception date
June 24, 2025
Fund family
ProShares

Our take

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

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

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 2026-06-19