FAPR

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

FAPR Fund Description

FAPR aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral.

FAPR Factset Analytics Insight

FAPR uses options in an effort to moderate losses on an ETF — SPY, over a one-year period starting each April. 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 foregoes some upside return on SPY, in exchange for preventing realization of the first 10% of its losses, 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 09/17/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FAPR -0.13% 3.52% -- -- -- -- --
FAPR (NAV) -0.11% 2.66% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -0.18% 5.67% 18.77% 33.80% 18.51% 18.64% 16.54%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FAPR Summary Data

First Trust
FT Cboe Vest
04/16/21
Open-Ended Fund
0.85%
$133.92M
$288.34K
0.22%

FAPR Portfolio Data

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N/A
2

FAPR Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FAPR Portfolio Management

0.85%
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FAPR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FAPR Fund Structure

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

FAPR Factset Analytics Block Liquidity

As of 09/20/21
5
4
3
2
1

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

FAPR Tradability

9,230
$288.34K
3,808
$120.46K
0.22%
$0.07
-0.24%
0.41% / -0.64%
None
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0
$31.36
N/A

FAPR Top 10 Holdings

99.24%
0.76%
100.00%

FAPR Countries


FAPR
Segment Benchmark
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0.10%
--
99.90%

FAPR Regions


FAPR
Segment Benchmark
--
100.00%

FAPR Economic Development


FAPR
Segment Benchmark
--
100.00%

FAPR Performance Statistics

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--
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0.00%
MSCI USA Large Cap Index

FAPR Benchmark Comparison Holdings

2
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FAPR Benchmark Comparison Summary


FAPR
Segment Benchmark
2
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FAPR Benchmark Comparison Market Cap Size


FAPR
Segment Benchmark
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