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

Frequently Asked Questions About GAUG

What does GAUG invest in?

The FT Vest U.S. Equity Moderate Buffer ETF - August is designed to offer investors a targeted investment experience. Its primary goal is to mirror the price appreciation of the SPDR S&P 500 ETF Trust (referred to as the "Underlying ETF") over a defined timeframe. This strategy aims to provide returns, before accounting for any fees and expenses, that track the Underlying ETF's performance, with a maximum upside limited to 11.89%. Simultaneously, it endeavors to protect investors from the first 15% of any declines in the Underlying ETF's value, also prior to fees and expenses. This specific investment period runs from August 18, 2025, through August 21, 2026.

What is the expense ratio of GAUG?

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

How big is GAUG?

FT Vest U.S. Equity Moderate Buffer ETF - August (GAUG) manages $291.5M 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 GAUG actively managed or an index fund?

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

When was GAUG launched?

FT Vest U.S. Equity Moderate Buffer ETF - August (GAUG) launched in August 2023 and is managed by First Trust.

How has GAUG performed?

GAUG'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.