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The investment objective of the FT Vest U.S. Equity Deep Buffer ETF - August is to seek to provide investors with returns (before fees, expenses and taxes) that match those of the SPDR S&P 500 ETF Trust, up to a predetermined upside cap of 6.58% (before fees, expenses and taxes) and 5.91% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from November 7, 2019 to August 21, 2020. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust.
FT Vest U.S. Equity Deep Buffer ETF - August trades on the BATS stock market under the symbol DAUG.
As of April 19, 2024, DAUG stock price declined to $36.43 with 31,934 million shares trading.
DAUG has a beta of 0.65, meaning it tends to be less sensitive to market movements. DAUG has a correlation of 0.89 to the broad based SPY ETF.
DAUG has a market cap of $292.35 million. This is considered a Small Cap stock.
In the last 3 years, DAUG stock traded as high as $37.05 and as low as $29.62.
DAUG has underperformed the market in the last year with a return of +12.7%, while the SPY ETF gained +21.0%. In the last 3 month period, DAUG fell short of the market, returning +2.6%, while SPY returned +4.1%. However, in the most recent 2 weeks DAUG has outperformed the stock market by returning -1.1%, while SPY returned -3.6%.
DAUG support price is $36.45 and resistance is $36.66 (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 DAUG stock will trade within this expected range on the day.