GAUGFT Vest U.S. Equity Moderate 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 11.89%, while providing a buffer against the first 15% of losses.
By First Trust · Launched 2023
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$389M
#1,853 of 6,040 · large
Return (1Y)
+9.4%
Track Record
3 years
#3,051 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,953+9.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 103.4% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 8 C6.45
71.0%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.45
21.4%
CBOE GLOBAL MARKETS, INC.SPY 8 C6.45
8.1%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.46
2.0%
Dreyfus Government Cash Management Funds
0.7%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.46
0.5%
CBOE GLOBAL MARKETS, INC.SPY 8 P643.46
0.1%
CBOE GLOBAL MARKETS, INC.SPY 8 C719.97
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 8 P546.94
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 8 P546.94
-0.2%
Asset allocation
Stocks
98.7%
Cash
1.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.5%Low
Year-on-year price swings
Max drawdown
-10.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.02Strong risk-adjusted returns
Sortino (3Y)
1.53Good 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 11.89%, while providing a buffer against the first 15% of losses.
- Strategy
- Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against the first 15% of losses and a cap of 11.89% on returns. The strategy aims for returns that match the Underlying ETF's performance over the Target Outcome Period.
- Inception date
- August 18, 2023
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18