Fund Description
The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - November is to seek to provide investors with returns (before fees, expenses and taxes) that match those of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 8.12% (before fees, expenses and taxes) and 7.26% (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 18, 2019 to November 20, 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.
Fund Profile
Fund Name FT Cboe Vest US Equity Deep Buffer ETF- November
Fund Exchange Ticker DNOV
Fund Sponsor First Trust
Fund ISIN US33740F8398
Net Expense Ratio 0.85 %
Fund Inception Date 15 November 2019
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 26 January 2021
Asset Under Management 104.07 Million (USD)
1 Month Total Return 0.87 %
Year To Date Return 0.69 %
1 Year Total Return 7.91 %
3 Year Annualized Total Return
NAV 33.57
Share Outstanding 3,100,000
Top 10 Holdings (26 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
2021-11-19 SPDR S&P 500 ETF Trust C 3.54 OPTN 1.0390229512
2021-11-19 SPDR S&P 500 ETF Trust P 337.56 OPTN 0.0454901731
US Dollar CASH 0.0099949451
2021-11-19 SPDR S&P 500 ETF Trust C 382.87 OPTN -0.0816578129
2021-11-19 SPDR S&P 500 ETF Trust P 248.73 OPTN -0.0128502565