Key stats
About FT Vest U.S. Equity Quarterly Dynamic Buffer ETF
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Inception date
Nov 15, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33740U5395
FHDG utilizes a target outcome strategy with FLEX Options to provide a buffer against the first 5% or 7.5% of losses in the SPDR S&P 500 ETF over a three-month Target Outcome Period. In exchange for this protection, the fund sets an upside cap, aiming for a minimum of 3.5%. If a 7.5% buffer requires a cap below 3.5%, the fund may adjust the buffer to 5% to optimize the cap. Losses that exceed the buffer result in a direct one-to-one impact on the fund. To achieve the intended results, shares must be held throughout the entire period. At the end of each Target Outcome Period, the fund resets its cap and buffer levels according to current market conditions. It is important to note that the calculations for cap and buffer do not include the fund's expense ratio, which could diminish net returns. This strategy is designed to adapt quarterly, responding to market trends while seeking to balance risk and return.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants98.94%
Cash1.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FHDG assets under management is 147.56 M USD. It's risen 980.65% over the last month.
FHDG fund flows account for 146.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FHDG doesn't pay dividends to its holders.
FHDG shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Nov 15, 2024, and its management style is Active.
FHDG expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
FHDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FHDG invests in cash.
FHDG price has risen by 0.78% over the last month, and its yearly performance shows a 6.36% increase. See more dynamics on FHDG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.20% over the last month, showed a 3.85% increase in three-month performance and has increased by 5.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.20% over the last month, showed a 3.85% increase in three-month performance and has increased by 5.59% in a year.
FHDG trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.