FAUG

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

FAUG Fund Description

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

FAUG Factset Analytics Insight

FAUG uses options in an effort to moderate losses on an ETF — SPY, over a one-year period starting each August. 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 foregoes some upside return on SPY, in exchange for preventing realization of the first 10% 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 and uses flex options exclusively.

PERFORMANCE [as of 07/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FAUG 0.72% 1.55% 6.54% 16.82% -- -- --
FAUG (NAV) 0.38% 1.84% 6.59% 16.79% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 3.39% 6.65% 16.98% 35.78% 19.29% 18.05% 15.27%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FAUG Summary Data

First Trust
FT Cboe Vest
11/06/19
Open-Ended Fund
0.85%
$83.28M
$339.95K
0.27%

FAUG Portfolio Data

--
--
--
--
N/A
--

FAUG Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FAUG Portfolio Management

0.85%
--
--
--

FAUG Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FAUG Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
Low
Daily

FAUG Factset Analytics Block Liquidity

As of 07/23/21
5
4
3
2
1

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

FAUG Tradability

9,252
$339.95K
3,733
$136.91K
0.27%
$0.10
-0.12%
0.41% / -0.61%
None
100.00%
50,000
0.07
0.01%
--
0
$37.02
N/A

FAUG Top 10 Holdings

99.61%
0.00%
100.00%

FAUG Countries


FAUG
Segment Benchmark
--
0.10%
--
99.90%

FAUG Regions


FAUG
Segment Benchmark
--
100.00%

FAUG Economic Development


FAUG
Segment Benchmark
--
100.00%

FAUG Performance Statistics

0.81
0.50
0.49
0.57
0.55%
MSCI USA Large Cap Index

FAUG Benchmark Comparison Holdings

--
--
--
--

FAUG Benchmark Comparison Summary


FAUG
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
--
--

FAUG Benchmark Comparison Market Cap Size


FAUG
Segment Benchmark
--
--
--
--
--
--
--
--