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

Frequently Asked Questions About DFEB

What does DFEB invest in?

The FT Vest U.S. Equity Deep Buffer ETF - February is designed to provide investors with returns (prior to fees and expenses) that emulate the price performance of the SPDR S&P 500 ETF Trust, its 'Underlying ETF'. These potential gains are limited by an upside cap of 11.87%. Concurrently, the Fund aims to cushion investors (before fees and expenses) against losses in the Underlying ETF. Specifically, it absorbs declines that occur once the Underlying ETF has fallen by 5%, continuing to provide protection for additional losses up to a total Underlying ETF decline of 30%. This investment period extends from February 23, 2026, to February 19, 2027.

What is the expense ratio of DFEB?

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

How big is DFEB?

FT Vest U.S. Equity Deep Buffer ETF - February (DFEB) manages $460.3M 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 DFEB actively managed or an index fund?

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

When was DFEB launched?

FT Vest U.S. Equity Deep Buffer ETF - February (DFEB) launched in February 2020 and is managed by First Trust.

How has DFEB performed?

DFEB'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.