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MPDBm+ DynaBuffer ETF

Seeks to generate levered upside exposure to SPY ETF Trust while providing reduced downside risk through the HSBC DynaBuffer US Large Cap Index.

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

HSBC DynaBuffer US Large Cap Index

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to generate levered upside exposure to SPY ETF Trust while providing reduced downside risk through the HSBC DynaBuffer US Large Cap Index.
Strategy
Actively manages a portfolio to generate levered upside exposure to SPY ETF while using total return swaps to gain exposure to the HSBC DynaBuffer US Large Cap Index. Aims to provide downside protection through a diversified portfolio of synthetic buffer notes referencing SPY ETF.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-15