- What are the top holdings of FAUG?
- FT Vest U.S. Equity Buffer ETF - August holds 5 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does FAUG have?
- FAUG holds 5 positions as reported by the fund's most recent disclosure.
- What sectors does FAUG invest in?
- FT Vest U.S. Equity Buffer ETF - August (FAUG) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FAUG most exposed to?
- FAUG's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FAUG a US-only fund?
- The country allocation card on this page shows FAUG's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does FAUG invest in?
- FAUG uses options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (ticker: SPY) over a one-year period, starting in August. In exchange for preventing realization of the first 10% of losses, the fund foregoes some upside return as well as the dividend component of SPY because the options are written on the price (not total) return version of the shares. Should shares of SPY decline greater than 10%, investors participate in the downside performance on a $1 for $1 basis. Shares must be held over a specific period to achieve the intended results. At the end of the target outcome period, the fund will reset for a new outcome period tied to the same index and buffer, but the cap may change based on market rates. The issuer publishes effective interim levels daily on its website. The targeted cap and buffer do not include the fund's expense ratio. The fund is actively managed and uses FLEX options on SPY shares exclusively.
