BUFT FT Cboe Vest Buffered Allocation Defensive ETF
What is BUFT?
BUFT is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY.
BUFT Factset Analytics Insight
BUFT is a basket of defined outcome buffer ETFs. It consists of five to seven equity buffer funds, taken from a universe of defined outcome ETFs (U.S. Equity Buffer, U.S. Equity Deep Buffer, and U.S. Equity Enhance & Moderate Buffer) offered by the issuer. Each underlying ETF has exposure to SPY’s capped gains and provides buffer to either the first 10%, first 15%, or 5%-30% of losses, over a defined one-year period. For selection and weighting, the fund adviser considers various factors including the current price of SPY, NAV, target outcome period, implied volatility, price sensitivity, remaining cap, and remaining buffer. Underlying ETFs are also selected such that the resulting portfolio has an optimal downside protection, while providing some upside growth participation. The portfolio is evaluated on a monthly basis. Information on BUFT’s exposure to the underlying ETFs is provided daily on the issuer’s website.
BUFT Summary Data
BUFT Portfolio Data
BUFT Index Data
BUFT Portfolio Management
BUFT Tax Exposures
BUFT Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BUFT. BUFT is rated a N/A out of 5.
BUFT Sector/Industry Breakdown
BUFT Top 10 Holdings
BUFT Performance Statistics
BUFT Benchmark Comparison Summary
BUFT Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.