Defined Outcome ETFs offer investors exposure to the price return of broad equity markets to a cap, with built-in downside buffer levels, over an outcome period of approximately one year, at which point each ETF will reset.
With 67 ETFs traded in the U.S. markets, Defined Outcome ETFs gather total assets under management of $5.08B. The average expense ratio is 0.82%. Defined Outcome ETFs can be found in the following asset classes:
- Fixed Income
The largest Defined Outcome ETF is the FT Cboe Vest U.S. Equity Deep Buffer ETF - February DFEB with $521.24M in assets. In the last trailing year, the best performing Defined Outcome ETF was the BOCT at 13.69%. The most-recent ETF launched in the Defined Outcome space was the FT Cboe Vest U.S. Equity Deep Buffer ETF DOCT in 10/16/20.