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SNOVFT Vest U.S. Small Cap Moderate Buffer ETF - November

Stay safeGrow my money2y track recordRanked #216 of 387 in this goal

Seeks to provide returns that match the price return of the iShares Russell 2000 ETF, with a cap of 18.42% and a buffer against the first 15% of losses.

By First Trust · Launched 2023

Annual Cost

0.90%

#4,877 of 6,040 · expensive

Fund Size

$114M

#2,967 of 6,040 · mid-size

Return (1Y)

+12.0%

Track Record

2 years

#3,230 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,201+12.0%

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

Russell 2000 Index

Holdings

By weight

Concentration

Top 10 holdings = 107.5% of fundconcentrated

CBOE GLOBAL MARKETS, INC.IWM 11 C2.36
99.1%
CBOE GLOBAL MARKETS, INC.IWM 11 P235.6
3.8%
CBOE GLOBAL MARKETS, INC.IWM 11 C2.36
2.3%
CBOE GLOBAL MARKETS, INC.IWM 11 C2.36
1.1%
Dreyfus Government Cash Management Funds
0.9%
CBOE GLOBAL MARKETS, INC.IWM 11 P235.6
0.1%
CBOE GLOBAL MARKETS, INC.IWM 11 C2.36
0.0%
CBOE GLOBAL MARKETS, INC.IWM 11 P235.6
0.0%
CBOE GLOBAL MARKETS, INC.IWM 11 P200.26
-0.0%
CBOE GLOBAL MARKETS, INC.IWM 11 P200.26
-0.0%

Asset allocation

Stocks
99.0%
Cash
0.9%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.8%Low

Year-on-year price swings

Max drawdown
-15.4%Moderate

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 iShares Russell 2000 ETF, with a cap of 18.42% and a buffer against the first 15% of losses.
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 18.42%. Focuses on small-capitalization U.S. equities.
Inception date
November 17, 2023
Fund family
First Trust

Next steps

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Data updated on 2026-09-18