FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December

Frequently Asked Questions About XDEC

What does XDEC invest in?

Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) that reference the price performance of the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). The underlying ETF is an exchange-traded unit investment trust that uses a full replication strategy, meaning it invests in all of the stocks in the S&P 500® Index. The fund is non-diversified.

What is the expense ratio of XDEC?

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

How big is XDEC?

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC) manages $208.0M 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 XDEC actively managed or an index fund?

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

When was XDEC launched?

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC) launched in December 2021 and is managed by First Trust.

How has XDEC performed?

XDEC'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.