First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Equal Weight Buffer ETF - December
RSDE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Dec 23, 2024
- CIK
- 0001667919
- Similar Companies
- Business
- First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Equal Weight Buffer ETF – December is a U.S.-listed exchange-traded fund that seeks to provide investors with capped exposure to the price performance of the Invesco S&P 500 Equal Weight ETF (RSP) while buffering the first 10% of RSP losses over each annual December target-outcome period. The fund employs a defined-outcome options strategy, principally using FLEX Options linked to RSP, to deliver RSP price-return participation up to a predetermined cap and downside protection at the end of the applicable outcome period; losses beyond the buffer are generally experienced on a one-for-one basis. RSDE is offered as a series of First Trust Exchange-Traded Fund VIII, is advised by First Trust Advisors L.P., distributed by First Trust Portfolios L.P., and trades on NYSE Arca under the ticker RSDE. The fund principally serves retail investors, financial advisers and institutional investors seeking U.S. large-cap, equal-weight equity exposure with predefined upside and downside parameters. It was launched on December 20, 2024, and the trust is headquartered in Wheaton, Illinois. For the target outcome period from December 22, 2025 through December 18, 2026, RSDE seeks to match RSP’s positive price return up to a gross upside cap of 14.82%, while providing a 10% gross downside buffer; after the fund’s 0.85% annual management fee, the stated net cap and buffer are 13.97% and 9.15%, respectively, before brokerage commissions, trading costs, taxes and extraordinary expenses. The fund resets its cap and buffer for each new annual December outcome period and may not provide the stated outcome to investors purchasing or selling shares during, rather than at the beginning and end of, the period. Its underlying reference exposure reflects the S&P 500 Equal Weight Index through RSP, providing more evenly weighted exposure across constituent companies than a market-capitalization-weighted S&P 500 strategy. Recent operational developments include the commencement of the December 2025–December 2026 target outcome period, with the applicable cap and buffer recalibrated for that period; no separate recent acquisitions, financings, corporate name changes or strategic alliances by the fund have been publicly identified.