- What does GAPR invest in?
- The FT Vest U.S. Equity Moderate Buffer ETF - April aims to replicate the price performance of the SPDR S&P 500 ETF Trust for investors. From April 21, 2025, through April 17, 2026, the fund seeks to deliver returns that mirror the underlying ETF's gains, up to a predetermined maximum of 14.78%. Simultaneously, it provides protection against the initial 15% of losses experienced by the SPDR S&P 500 ETF Trust. All specified returns and buffer levels are calculated prior to any fees and expenses.
- What is the expense ratio of GAPR?
- FT Vest U.S. Equity Moderate Buffer ETF - April (GAPR) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GAPR?
- FT Vest U.S. Equity Moderate Buffer ETF - April (GAPR) manages $290.5M 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 GAPR actively managed or an index fund?
- GAPR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was GAPR launched?
- FT Vest U.S. Equity Moderate Buffer ETF - April (GAPR) launched in April 2023 and is managed by First Trust.
- How has GAPR performed?
- GAPR'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.
