FEBMFT Vest U.S. Equity Max Buffer ETF - February
Seeks to provide returns that match the price return of the State Street SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.
By First Trust · Launched 2025
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$46M
#3,841 of 6,040 · mid-size
Return (1Y)
+6.1%
Track Record
1 year
#4,110 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,607+6.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 9 holdings = 100.1% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 2 C6.87
89.1%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.87
8.6%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.41
5.6%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.41
0.5%
CBOE GLOBAL MARKETS, INC.SPY 2 P363.47
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 2 C737.69
-0.4%
CBOE GLOBAL MARKETS, INC.SPY 2 P363.47
-0.4%
CBOE GLOBAL MARKETS, INC.SPY 2 C737.69
-4.0%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.2%Low
Year-on-year price swings
Max drawdown
-2.6%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
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the State Street SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to provide a buffer against losses and a cap on returns. Seeks to provide the maximum available buffer of 47.28% against Underlying ETF losses over the Target Outcome Period while limiting gains to a cap of 7%.
- Inception date
- February 20, 2025
- Fund family
- First Trust
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Data updated on 2026-09-18