FT Vest Laddered Nasdaq Buffer ETF

Frequently Asked Questions About BUFQ

What does BUFQ invest in?

The FT Vest Laddered Nasdaq Buffer ETF (BUFQ) primarily aims to achieve capital growth for investors. It endeavors to accomplish this by offering exposure to prominent large-cap equities while simultaneously seeking to curb potential losses. The Fund implements this strategy through a laddered portfolio consisting of four specific FT Vest Nasdaq-100 Buffer ETFs, referred to as the "Underlying ETFs." Under typical market conditions, BUFQ commits substantially all of its holdings to these Underlying ETFs. Each Underlying ETF is designed to track the price movements of the Invesco QQQ TrustSM, Series 1 ("QQQ"), up to a predefined maximum return, and to provide a cushion against the initial 10% of QQQ's declines over a specific one-year period. It's important to note that these returns and buffers are stated before any fees, expenses, or taxes. Crucially, unlike its constituents, the Fund itself does not employ a direct target outcome strategy, nor does it offer any explicit loss protection of its own. The buffer mechanism is solely a characteristic of the Underlying ETFs. Therefore, comprehending the strategies and associated risks of these underlying investments is vital to understanding the Fund's overall operation.

What is the expense ratio of BUFQ?

FT Vest Laddered Nasdaq Buffer ETF (BUFQ) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BUFQ?

FT Vest Laddered Nasdaq Buffer ETF (BUFQ) manages $1.52B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BUFQ actively managed or an index fund?

BUFQ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BUFQ launched?

FT Vest Laddered Nasdaq Buffer ETF (BUFQ) launched in June 2022 and is managed by First Trust.

How has BUFQ performed?

BUFQ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.