FT Vest U.S. Equity Buffer ETF - December

Frequently Asked Questions About FDEC

What does FDEC invest in?

The FT Vest U.S. Equity Buffer ETF - December (FDEC) is designed to offer investors returns that largely mirror the price movements of the SPDR S&P 500 ETF Trust (its underlying benchmark). However, this aim comes with specific parameters: it limits potential gains to a predetermined maximum of 14.75% while also providing protection against the initial 10% of losses experienced by the underlying ETF. Both the upside cap and downside buffer are calculated before accounting for any fees and expenses. This investment strategy is applicable over a defined period, spanning from December 22, 2025, to December 18, 2026.

What is the expense ratio of FDEC?

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

How big is FDEC?

FT Vest U.S. Equity Buffer ETF - December (FDEC) manages $1.32B 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 FDEC actively managed or an index fund?

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

When was FDEC launched?

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

How has FDEC performed?

FDEC'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.