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XIDEFT Vest U.S. Equity Buffer & Premium Income ETF - December

Stay safeGrow my money2y track recordRanked #335 of 387 in this goal

Seeks to provide a consistent level of income of approximately 7.08% while providing a buffer against the first 10% of Underlying ETF losses.

By First Trust · Launched 2023

Annual Cost

0.85%

#4,672 of 6,035 · expensive

Fund Size

$23M

#4,465 of 6,035 · small

Return (1Y)

+6.4%

Track Record

2 years

#3,281 of 6,035 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,644+6.4%

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 = 108.9% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 12 C0.07
93.3%
CBOE GLOBAL MARKETS, INC.SPY 12 P680.58
5.0%
CBOE GLOBAL MARKETS, INC.SPY 12 C0.07
3.1%
CBOE GLOBAL MARKETS, INC.SPY 12 C0.07
3.1%
Dreyfus Government Cash Management Funds
1.4%
United States Treasury Bills
1.0%
United States Treasury Bills
0.5%
United States Treasury Bills
0.5%
United States Treasury Bills
0.5%
United States Treasury Bills
0.5%

Asset allocation

Stocks
96.8%
Cash
3.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.8%Low

Year-on-year price swings

Max drawdown
-6.6%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 a consistent level of income of approximately 7.08% while providing a buffer against the first 10% of Underlying ETF losses.
Strategy
Invests in FLEX Options and short-term U.S. Treasury securities to provide a consistent income level of approximately 7.08% while buffering against the first 10% of Underlying ETF losses. Employs a target outcome strategy to achieve these investment outcomes over the Target Outcome Period.
Inception date
December 15, 2023
Fund family
First Trust

Next steps

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Data updated on 2026-09-18