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MAYMFT Vest U.S. Equity Max Buffer ETF - May

Stay safeGrow my money1y track recordRanked #326 of 387 in this goal

Seeks to provide returns that match the price return of the State Street SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.

By First Trust · Launched 2025

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$39M

#4,011 of 6,040 · mid-size

Return (1Y)

+4.7%

Track Record

1 year

#4,323 of 6,040 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,466+4.7%

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 = 105.8% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 5 C5.92
81.7%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.92
16.3%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.92
10.9%
Dreyfus Government Cash Management Funds
6.2%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.18
0.3%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.18
0.3%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.18
0.1%
CBOE GLOBAL MARKETS, INC.SPY 5 C635.91
-2.0%
CBOE GLOBAL MARKETS, INC.SPY 5 C635.91
-4.0%
CBOE GLOBAL MARKETS, INC.SPY 5 C635.91
-4.0%

Asset allocation

Stocks
99.0%
Cash
1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.1%Low

Year-on-year price swings

Max drawdown
-1.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the price return of the State Street SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.
Strategy
Invests substantially all assets in FLEX Options referencing the Underlying ETF to provide a maximum available buffer against losses while setting a predetermined upside cap. The Fund employs a target outcome strategy to achieve these investment outcomes over the Target Outcome Period.
Inception date
May 16, 2025
Fund family
First Trust

Next steps

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Data updated on 2026-09-18