FT Vest Laddered Small Cap Moderate Buffer ETF
BUFS
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jan van Eck
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 120 East Liberty Drive Wheaton IL United States of America 60187
- IPO Date
- May 30, 2024
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest Laddered Small Cap Moderate Buffer ETF (BUFS) is an exchange-traded fund that seeks capital appreciation by investing substantially all of its assets in a laddered portfolio of FT Vest U.S. Small Cap Moderate Buffer ETFs; these underlying ETFs employ FLEX Options strategies on the iShares Russell 2000 ETF (IWM) to target a 15% downside buffer over a one-year outcome period with upside potential up to a predetermined cap, before fees and expenses; the laddered structure diversifies across underlying ETFs with staggered target outcome periods, such as those expiring in February (SFEB), May (SMAY), August (SAUG), and November (SNOV), providing rolling exposure to small-cap U.S. equities. First Trust Advisors L.P. serves as investment advisor, with Vest Financial LLC acting as sub-advisor and portfolio managers Karan Sood and Howard Rubin overseeing day-to-day operations. The fund, launched in May 2024, trades on the Cboe exchange and targets investors seeking risk-managed small-cap equity exposure; it operates primarily in the U.S. market, with headquarters for sponsor First Trust Portfolios L.P. in Wheaton, Illinois, where the parent entities were founded in 1991. Recent developments include First Trust's proposed reorganizations of select Vest-advised funds announced in October 2025, reflecting ongoing integration and expansion within its Target Outcome lineup, as well as standard portfolio rebalancing to maintain the laddered allocation amid fluctuating market conditions into 2026; First Trust Capital Partners holds a majority equity interest in Vest's parent company, underscoring a deepened strategic alliance.