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SEPMFT Vest U.S. Equity Max Buffer

Stay safeGrow my money1y track recordRanked #329 of 387 in this goal

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

By First Trust · Launched 2024

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$31M

#4,239 of 6,040 · small

Return (1Y)

+6.3%

Track Record

1 year

#3,738 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,619+6.2%

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 = 104.0% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 9 C6.62
74.7%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.62
15.2%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.62
9.9%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.68
2.7%
Dreyfus Government Cash Management Funds
0.7%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.68
0.7%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.68
0.3%
CBOE GLOBAL MARKETS, INC.SPY 9 P349.44
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 9 P349.44
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 9 P349.44
-0.2%

Asset allocation

Stocks
99.5%
Cash
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.5%Low

Year-on-year price swings

Max drawdown
-3.9%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 SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a buffer against losses.
Strategy
Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against losses and a cap on returns. The Fund seeks to provide the maximum available buffer while setting a predetermined upside cap of at least 7%.
Inception date
September 20, 2024
Fund family
First Trust

Next steps

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Data updated on 2026-09-18