No headlines found.
No press releases found.
No news found.
The investment objective of the FT Vest Fund of Deep Buffer ETFs is to seek to provide investors with capital appreciation. The Fund seeks to achieve its investment objective by providing investors with US large cap equity market exposure while limiting downside risk through a laddered portfolio of four FT Vest U.S. Equity Deep Buffer ETFs ("Underlying ETFs"). Under normal market conditions the Fund will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust ("SPY"), up to a predetermined upside cap, while providing a buffer against losses between -5% and -30% (before fees, expenses and taxes) of SPY, over a defined one-year period. Unlike the Underlying ETFs the Fund itself does not pursue a defined outcome strategy. The buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated buffer against losses. In order to understand the Funds strategy and risks, it is important to understand the strategies and risks of the Underlying ETFs.
FT Vest Of Deep Buffer Etfs trades on the BATS stock market under the symbol BUFD.
As of January 17, 2025, BUFD stock price climbed to $25.71 with 191,782 million shares trading.
BUFD has a market cap of $1.12 billion. This is considered a Small Cap stock.
In the last 3 years, BUFD traded as high as $25.79 and as low as $18.93.
BUFD has underperformed the market in the last year with a price return of +13.3% while the SPY ETF gained +28.0%. BUFD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and +0.3%, respectively, while the SPY returned +3.0% and +1.0%, respectively.
BUFD support price is $25.47 and resistance is $25.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BUFD shares will trade within this expected range on the day.