DSEPFT Cboe Vest U.S. Equity Deep Buffer ETF - September
DSEP Fund Description
DSEP aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral.
DSEP Factset Analytics Insight
DSEP uses flex options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each September. Using SPY is a slightly different approach then 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 funds expense ratio. The fund is actively managed and uses flex options exclusively.
DSEP Summary Data
DSEP Portfolio Data
DSEP Index Data
DSEP Portfolio Management
DSEP Tax Exposures
DSEP Fund Structure
DSEP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DSEP. DSEP is rated a N/A out of 5.
DSEP Sector/Industry Breakdown
DSEP Top 10 Holdings
DSEP Economic Development
DSEP Performance Statistics
DSEP Benchmark Comparison Summary
DSEP Benchmark Comparison Market Cap Size