FT Vest U.S. Equity Deep Buffer ETF - April

Frequently Asked Questions About DAPR

What does DAPR invest in?

The FT Vest U.S. Equity Deep Buffer ETF - April seeks to replicate the price performance of the SPDR S&P 500 ETF Trust. It aims to provide investors with upside participation in the underlying ETF's gains, limited to a maximum of 14.16%, while also offering protection against losses that occur within a range of -5% to -30%. These targets for returns and downside protection are calculated prior to fees and expenses, covering the investment period from April 21, 2025, to April 17, 2026.

What is the expense ratio of DAPR?

FT Vest U.S. Equity Deep Buffer ETF - April (DAPR) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DAPR?

FT Vest U.S. Equity Deep Buffer ETF - April (DAPR) manages $332.9M 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 DAPR actively managed or an index fund?

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

When was DAPR launched?

FT Vest U.S. Equity Deep Buffer ETF - April (DAPR) launched in April 2021 and is managed by First Trust.

How has DAPR performed?

DAPR'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.