DDEC FT Cboe Vest U.S. Equity Deep Buffer ETF – December
What is DDEC?
DDEC aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral.
DDEC Factset Analytics Insight
DDEC uses options in an effort to moderate losses on SPY ETF over a one-year period starting each December. The fund foregoes some upside return of SPY’s dividend as options are written on the price (not total) return version of the index. The fund provides a 5% coverage on SPY’s losses between 5%-30%, and a 25% coverage if the losses went beyond the buffer zone. In exchange for preventing realization of SPY’s losses, investors forego 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 and uses flex options exclusively.
DDEC Summary Data
DDEC Portfolio Data
DDEC Index Data
DDEC Portfolio Management
DDEC Tax Exposures
DDEC Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DDEC. DDEC is rated a N/A out of 5.
DDEC Sector/Industry Breakdown
DDEC Top 10 Holdings
DDEC Performance Statistics
DDEC Benchmark Comparison Summary
DDEC Benchmark Comparison Market Cap Size