DAUG

FT Cboe Vest U.S. Equity Deep Buffer ETF - August
*Unless otherwise stated, data provided by FactSet.

DAUG Fund Description

DAUG aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral.

DAUG Factset Analytics Insight

DAUG uses flex options in an effort to moderate losses on an ETF—SPY, over a one-year period starting each August. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund offers a buffer for the first 5-30% losses on the SPY. The fund will cover 5% of the losses between the buffer zone and additional 25% coverage on SPYs realized losses if it falls below the buffer zone. Investors forego the upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed.

PERFORMANCE [as of 11/30/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DAUG 0.16% 0.87% 5.57% 6.57% -- -- --
DAUG (NAV) -0.41% 0.24% 5.04% 6.08% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DAUG Summary Data

First Trust
FT Cboe Vest
11/06/19
Open-Ended Fund
0.85%
$140.30M
$837.05K
0.30%

DAUG Portfolio Data

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N/A
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DAUG Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

DAUG Portfolio Management

0.85%
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DAUG Tax Exposures

20.00% / 39.60%
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Ordinary income
No

DAUG Fund Structure

Open-Ended Fund
Yes
No
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N/A
N/A
Low
Daily

DAUG Factset Analytics Block Liquidity

As of 12/01/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DAUG. DAUG is rated a N/A out of 5.

DAUG Tradability

24,399
$837.05K
11,147
$359.16K
0.30%
$0.10
-0.13%
0.22% / -0.49%
None
100.00%
50,000
0.22
0.01%
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0
$34.84
N/A

DAUG Top 10 Holdings

99.11%
0.89%
100.00%

DAUG Countries


DAUG
Segment Benchmark
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99.90%
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0.10%

DAUG Regions


DAUG
Segment Benchmark
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100.00%

DAUG Economic Development


DAUG
Segment Benchmark
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100.00%

DAUG Performance Statistics

0.71
0.29
0.27
0.35
0.57%
MSCI USA Large Cap Index

DAUG Benchmark Comparison Holdings

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DAUG Benchmark Comparison Summary


DAUG
Segment Benchmark
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DAUG Benchmark Comparison Market Cap Size


DAUG
Segment Benchmark
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