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

Frequently Asked Questions About DAUG

What does DAUG invest in?

The FT Vest U.S. Equity Deep Buffer ETF - August (referred to as the "Fund") aims to replicate the price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF") for its investors. This objective is subject to an upper limit on gains, capped at 11.98%. Concurrently, the Fund is designed to cushion investors against declines in the Underlying ETF, covering losses between -5% and -30%. All aforementioned returns and buffer protections are calculated prior to the deduction of fees and expenses, and apply over the period from August 18, 2025, until August 21, 2026.

What is the expense ratio of DAUG?

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

How big is DAUG?

FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) manages $445.2M 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 DAUG actively managed or an index fund?

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

When was DAUG launched?

FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) launched in November 2019 and is managed by First Trust.

How has DAUG performed?

DAUG'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.