FSEPFT Vest U.S. Equity Buffer ETF - September
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, up to a cap of 14.00%, while providing a buffer against the first 10% of losses.
By First Trust · Launched 2020
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$1.3B
#1,054 of 6,040 · large
Return (1Y)
+13.2%
Track Record
5 years
#2,161 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,303+13.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 103.1% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 9 C6.64
89.4%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.64
6.1%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.7
3.3%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.64
3.1%
Dreyfus Government Cash Management Funds
0.8%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.7
0.2%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.7
0.1%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.64
0.1%
CBOE GLOBAL MARKETS, INC.SPY 9 C756.62
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 9 P597.33
-0.0%
Asset allocation
Stocks
99.6%
Cash
0.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
7.5%Low
Year-on-year price swings
Max drawdown
-13.8%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.08Strong risk-adjusted returns
Sortino (3Y)
1.57Good 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 14.00%, while providing a buffer against the first 10% of losses.
- Strategy
- Invests 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 14.00% on returns. The strategy is designed to achieve predetermined outcomes based on the Underlying ETF's performance over the Target Outcome Period.
- Inception date
- September 18, 2020
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18