XMAYFT Vest U.S. Equity Enhance & Moderate Buffer ETF - May
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
$19M
#4,580 of 6,040 · small
Return (1Y)
+7.8%
Track Record
2 years
#3,499 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,778+7.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 122.7% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 5 C5.95
75.7%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.95
19.9%
CBOE GLOBAL MARKETS, INC.SPY 5 C594.21
12.6%
CBOE GLOBAL MARKETS, INC.SPY 5 C5.95
10.3%
CBOE GLOBAL MARKETS, INC.SPY 5 C594.21
2.2%
CBOE GLOBAL MARKETS, INC.SPY 5 C594.21
0.8%
Dreyfus Government Cash Management Funds
0.6%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.21
0.5%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.21
0.1%
CBOE GLOBAL MARKETS, INC.SPY 5 P594.21
0.1%
Asset allocation
Stocks
98.9%
Cash
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.1%Low
Year-on-year price swings
Max drawdown
-8.2%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 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 11.04% for the Target Outcome Period.
- Inception date
- May 17, 2024
- Fund family
- First Trust
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Data updated on 2026-09-18