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XMARFT Vest U.S. Equity Enhance & Moderate Buffer ETF - March

Grow my moneyGet income3y track recordRanked #1,177 of 1,706 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 2023

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$154M

#2,685 of 6,040 · mid-size

Return (1Y)

+11.2%

Track Record

3 years

#2,896 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,113+11.1%

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 = 130.3% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 3 C5.65
106.1%
CBOE GLOBAL MARKETS, INC.SPY 3 C563.99
19.1%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.65
2.7%
CBOE GLOBAL MARKETS, INC.SPY 3 C5.65
1.3%
CBOE GLOBAL MARKETS, INC.SPY 3 C563.99
0.5%
Dreyfus Government Cash Management Funds
0.3%
CBOE GLOBAL MARKETS, INC.SPY 3 C563.99
0.2%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.99
0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.99
0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P563.99
0.0%

Asset allocation

Stocks
99.1%
Cash
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.1%Low

Year-on-year price swings

Max drawdown
-7.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.17Strong risk-adjusted returns
Sortino (3Y)
1.76Good downside protection

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 State Street SPDR S&P 500 ETF Trust to achieve enhanced returns of approximately twice the Underlying ETF's positive price return, while providing a buffer against the first 15% of losses. The cap for returns is set at 12.22% for the Target Outcome Period.
Inception date
March 17, 2023
Fund family
First Trust

Next steps

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Data updated on 2026-09-18