DFEBFT Cboe Vest U.S. Equity Deep Buffer ETF - February
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 and uses flexoptions exclusively.
DFEB Summary Data
DFEB Portfolio Data
DFEB Index Data
DFEB Portfolio Management
DFEB Tax Exposures
DFEB Fund Structure
DFEB Factset Analytics Block Liquidity
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 Top 10 Holdings
DFEB Economic Development
DFEB Performance Statistics
DFEB Benchmark Comparison Summary
DFEB Benchmark Comparison Market Cap Size