DFEB

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

DFEB Fund Description

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

DFEB Factset Analytics Insight

DFEB uses flex options in an effort to moderate losses on an ETF — SPY, over a one-year period starting each February. 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, resets annually and uses listed options exclusively.

DFEB Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/20/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFEB 2.05% 2.61% -- -- -- -- --
DFEB (NAV) 1.72% 2.50% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 3.12% 5.20% 14.37% 19.27% 14.59% 14.19% 14.21%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFEB Summary Data

First Trust
02/21/20
Open-Ended Fund
0.85%
$482.04M
$4.21M
0.39%

DFEB Portfolio Data

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11/23/20
3

DFEB Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

DFEB Portfolio Management

0.85%
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DFEB Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

DFEB Fund Structure

Open-Ended Fund
Yes
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100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DFEB Factset Analytics Block Liquidity

As of 11/23/20
5
4
3
2
1

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

DFEB Tradability

135,064
$4.21M
69,646
$2.14M
0.39%
$0.12
0.06%
1.85% / -0.80%
None
100.00%
50,000
1.39
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0
$31.74
N/A

DFEB Top 10 Holdings

0.00%

DFEB Countries


DFEB
Segment Benchmark
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0.10%
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99.90%

DFEB Regions


DFEB
Segment Benchmark
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100.00%

DFEB Economic Development


DFEB
Segment Benchmark
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100.00%

DFEB Performance Statistics

0.88
0.44
0.44
0.45
1.27%
MSCI USA Large Cap Index

DFEB Benchmark Comparison Holdings

3
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DFEB Benchmark Comparison Summary


DFEB
Segment Benchmark
3
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DFEB Benchmark Comparison Market Cap Size


DFEB
Segment Benchmark
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