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XAPRFT Vest U.S. Equity Enhance & Moderate Buffer ETF - April

Grow my money2y track recordRanked #2,519 of 3,055 in this goal

Seeks to provide returns of approximately twice any positive price return of the Underlying ETF, with a buffer against the first 15% of losses.

By First Trust · Launched 2024

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$30M

#4,270 of 6,040 · small

Return (1Y)

+7.7%

Track Record

2 years

#3,459 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,764+7.6%

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 = 144.3% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 4 C5.27
52.5%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.27
34.4%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.27
26.9%
CBOE GLOBAL MARKETS, INC.SPY 4 C526.42
12.5%
CBOE GLOBAL MARKETS, INC.SPY 4 C526.42
8.2%
CBOE GLOBAL MARKETS, INC.SPY 4 C526.42
6.4%
CBOE GLOBAL MARKETS, INC.SPY 4 C5.27
2.3%
CBOE GLOBAL MARKETS, INC.SPY 4 C526.42
0.5%
Dreyfus Government Cash Management Funds
0.5%
CBOE GLOBAL MARKETS, INC.SPY 4 P526.42
0.1%

Asset allocation

Stocks
98.9%
Cash
1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.7%Low

Year-on-year price swings

Max drawdown
-6.2%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 of approximately twice any positive price return of the Underlying ETF, with a buffer against the first 15% of losses.
Strategy
Invests in FLEX Options referencing the Underlying ETF to achieve enhanced returns of approximately twice the ETF's positive price return, capped at 10.38%, while providing a buffer against the first 15% of losses. The strategy is designed for a one-year Target Outcome Period, resetting with each new period.
Inception date
April 19, 2024
Fund family
First Trust

Next steps

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Data updated on 2026-09-18