FT Vest International Equity Moderate Buffer ETF - December
YDEC
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.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Dec 21, 2020
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest International Equity Moderate Buffer ETF - December (YDEC) is an exchange-traded fund that seeks to provide investors with returns, before fees and expenses, that match the price return of the iShares MSCI EAFE ETF (EFA) up to a predetermined cap, while offering a moderate buffer against the first 10%-20% of losses over a specified one-year Target Outcome Period ending in December each year; the fund employs FLEX options on EFA, including long call and short put options paired with short call and long put options, collateralized primarily by cash equivalents and U.S. Treasuries. Primarily targeting institutional and retail investors seeking defined outcome strategies in international developed market equities excluding the U.S. and Canada, YDEC operates within the defined outcome ETF segment of the asset management industry, with exposure to sectors such as financial services, industrials, healthcare, and technology across regions including the Eurozone, Japan, Europe ex-Euro, the United Kingdom, and Australasia. Launched on December 18, 2020, and domiciled in the United States with shares listed on Cboe BZX, the fund is advised by First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, in partnership with Vest Financial LLC (doing business as CBOE Vest Financial), the pioneer of Target Outcome Investments headquartered in McLean, Virginia. In recent developments, Trevor Lack joined as co-portfolio manager effective January 2, 2025, complementing Karan Sood who has managed the fund since inception; ongoing Target Outcome Periods feature dynamic caps set at the start of each December-ending cycle based on market conditions, with the current period emphasizing buffered downside protection amid elevated international market volatility. First Trust and Vest Financial continue to expand their collaboration, evidenced by routine monthly distributions declared in 2025 and preparations for innovative buffer strategies like those linked to new assets, though no major acquisitions, funding rounds, or structural reorganizations specific to YDEC were reported in the last 1-2 years.