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GFEBFT Vest U.S. Equity Moderate Buffer ETF - February

Grow my money3y track recordRanked #1,717 of 3,055 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a 15% buffer against losses.

By First Trust · Launched 2023

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$382M

#1,869 of 6,040 · large

Return (1Y)

+11.3%

Track Record

3 years

#2,879 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,126+11.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 105.1% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 2 C6.91
89.8%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.45
5.6%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.91
4.7%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.91
2.1%
CBOE GLOBAL MARKETS, INC.SPY 2 C6.91
1.2%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.45
0.3%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.45
0.1%
CBOE GLOBAL MARKETS, INC.SPY 2 P689.45
0.1%
CBOE GLOBAL MARKETS, INC.SPY 2 C772.53
-0.0%

Asset allocation

Stocks
99.2%
Cash
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.5%Low

Year-on-year price swings

Max drawdown
-9.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.10Strong risk-adjusted returns
Sortino (3Y)
1.62Good 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 15% buffer against 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 12.05% on returns. Employs a target outcome strategy over a one-year period.
Inception date
February 17, 2023
Fund family
First Trust

Next steps

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Data updated on 2026-09-18