FAUGFT Cboe Vest U.S. Equity Buffer ETF - August
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.
FAUG Summary Data
FAUG Portfolio Data
FAUG Index Data
FAUG Portfolio Management
FAUG Tax Exposures
FAUG Fund Structure
FAUG Factset Analytics Block Liquidity
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 Top 10 Holdings
FAUG Economic Development
FAUG Performance Statistics
FAUG Benchmark Comparison Summary
FAUG Benchmark Comparison Market Cap Size