Key stats
About FT Vest U.S. Equity Buffer & Premium Income ETF - September
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Inception date
Sep 15, 2023
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
US33740F3753
XISE provides no upside potential. Instead, the fund aims for a targeted rate of income and limited downside protection over a one-year period starting each September. The actively managed portfolio consists of FLEX options that reflect the price performance of SPY and short-term US Treasurys. The premiums received by selling at-the-money call options are used to purchase a laddered portfolio of US Treasury securities. A portion of these securities matures on or about each monthly distribution. At each outcome period, the fund provides a targeted level of income and a buffer against the first 10% of SPYs losses. The target income level will vary based on current market conditions, and any subsequent losses after the 10% buffer will be experienced by the investors on a one-to-one basis. The fund must be held during the entire return period to achieve the intended results. Investors who buy at any other time than the annual reset day may have a different investment return.
Related funds
Classification
What's in the fund
Exposure type
Rights & Warrants
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XISE trades at 30.27 USD today, its price has fallen −0.01% in the past 24 hours. Track more dynamics on XISE price chart.
XISE net asset value is 30.41 today — it's risen 0.45% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XISE assets under management is 57.78 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XISE price has risen by 0.56% over the last month, and its yearly performance shows a −0.46% decrease. See more dynamics on XISE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.88% increase in three-month performance and has increased by 5.51% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.88% increase in three-month performance and has increased by 5.51% in a year.
XISE fund flows account for −20.26 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XISE invests in cash. See more details in our Analysis section.
XISE expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XISE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XISE technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XISE shows the strong sell signal. See more of XISE technicals for a more comprehensive analysis.
Today, XISE technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XISE shows the strong sell signal. See more of XISE technicals for a more comprehensive analysis.
Yes, XISE pays dividends to its holders with the dividend yield of 6.03%.
XISE trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XISE shares are issued by AJM Ventures LLC
XISE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 15, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.