GMARFT Vest U.S. Equity Moderate Buffer ETF - March
Seeks to provide returns that match the price return of the Underlying ETF up to a cap of 14.10% 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
$399M
#1,836 of 6,040 · large
Return (1Y)
+12.9%
Track Record
3 years
#2,896 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,285+12.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 108.9% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 3 C5.66
76.7%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.66
28.7%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.66
3.1%
Dreyfus Government Cash Management Funds
0.3%
CBOE GLOBAL MARKETS, INC.SPY 3 P564
0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P564
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P564
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P479.4
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P479.4
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P479.4
-0.0%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.0%Low
Year-on-year price swings
Max drawdown
-9.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
1.11Strong risk-adjusted returns
Sortino (3Y)
1.61Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the Underlying ETF up to a cap of 14.10% while providing a buffer against the first 15% of losses.
- Strategy
- Invests substantially all assets in FLEX Options referencing the Underlying ETF to provide a buffer against the first 15% of losses and a cap of 14.10% on returns. The strategy is designed to produce pre-determined outcomes based on the Underlying ETF's performance over the Target Outcome Period.
- Inception date
- March 17, 2023
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18