XSEPFT Vest U.S. Equity Enhance & Moderate Buffer ETF - September
Seeks to provide returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust while providing a buffer against the first 15% of losses.
By First Trust · Launched 2022
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$136M
#2,810 of 6,040 · mid-size
Return (1Y)
+8.8%
Track Record
3 years
#2,741 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,884+8.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 110.4% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 9 C6.65
90.5%
CBOE GLOBAL MARKETS, INC.SPY 9 C6.65
8.6%
CBOE GLOBAL MARKETS, INC.SPY 9 C663.71
7.6%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.71
3.6%
Dreyfus Government Cash Management Funds
0.8%
CBOE GLOBAL MARKETS, INC.SPY 9 C663.71
0.7%
CBOE GLOBAL MARKETS, INC.SPY 9 P663.71
0.0%
CBOE GLOBAL MARKETS, INC.SPY 9 C695.5
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 9 P564.16
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 9 P564.16
-1.2%
Asset allocation
Stocks
99.5%
Cash
0.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.8%Low
Year-on-year price swings
Max drawdown
-9.2%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.23Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust while providing a buffer against the first 15% of losses.
- Strategy
- Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to achieve a target outcome strategy, providing a buffer against the first 15% of losses and enhanced returns of approximately twice any positive price return up to a cap of 9.58%. The strategy is designed for a one-year Target Outcome Period.
- Inception date
- September 21, 2022
- Fund family
- First Trust
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Data updated on 2026-09-18