FMARFT Vest U.S. Equity Buffer ETF - March
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a 10% buffer against losses over the Target Outcome Period.
By First Trust · Launched 2021
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$1.2B
#1,097 of 6,040 · large
Return (1Y)
+15.8%
Track Record
5 years
#2,291 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,571+15.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 106.6% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 3 C5.64
99.6%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.64
3.4%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.64
2.7%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.64
0.7%
Dreyfus Government Cash Management Funds
0.3%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.98
0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.98
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.98
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.98
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P507.58
-0.0%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.2%Low
Year-on-year price swings
Max drawdown
-14.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.10Strong risk-adjusted returns
Sortino (3Y)
1.59Good 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 10% buffer against losses over the Target Outcome Period.
- Strategy
- Invests in FLEX Options to provide a buffer against the first 10% of Underlying ETF losses while matching returns up to a cap of 17.17%. Employs a target outcome strategy for the period from March 23, 2026 to March 19, 2027.
- Inception date
- March 19, 2021
- Fund family
- First Trust
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Data updated on 2026-09-18