SMAYFT Vest U.S. Small Cap Moderate Buffer ETF - May
Seeks to provide returns that match the price return of the iShares Russell 2000 ETF, with a 15% buffer against losses and a cap of 19.15%.
By First Trust · Launched 2023
Annual Cost
0.90%
#4,877 of 6,040 · expensive
Fund Size
$112M
#2,983 of 6,040 · mid-size
Return (1Y)
+11.4%
Track Record
3 years
#2,955 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,133+11.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 110.0% of fundconcentrated
CBOE GLOBAL MARKETS, INC.IWM 5 C2.1
105.7%
CBOE GLOBAL MARKETS, INC.IWM 5 C2.1
1.7%
CBOE GLOBAL MARKETS, INC.IWM 5 C2.1
1.7%
CBOE GLOBAL MARKETS, INC.IWM 5 P209.85
0.4%
Dreyfus Government Cash Management Funds
0.4%
CBOE GLOBAL MARKETS, INC.IWM 5 P209.85
0.1%
CBOE GLOBAL MARKETS, INC.IWM 5 P209.85
0.0%
CBOE GLOBAL MARKETS, INC.IWM 5 P178.37
-0.0%
CBOE GLOBAL MARKETS, INC.IWM 5 P178.37
-0.0%
CBOE GLOBAL MARKETS, INC.IWM 5 C244.48
-0.2%
Asset allocation
Stocks
98.5%
Cash
1.4%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
7.3%Low
Year-on-year price swings
Max drawdown
-14.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.64Decent risk-adjusted returns
Sortino (3Y)
0.95Moderate downside risk
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the iShares Russell 2000 ETF, with a 15% buffer against losses and a cap of 19.15%.
- Strategy
- Invests primarily in FLEX Options referencing the iShares Russell 2000 ETF to achieve a target outcome strategy, providing a buffer against the first 15% of losses and capping returns at 19.15%. Focuses on small-capitalization U.S. equities.
- Inception date
- May 19, 2023
- Fund family
- First Trust
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Data updated on 2026-09-18