Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.10% 0.02% 2.992M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
0.00% -- -- Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investors with capital appreciation. The term "laddered portfolio" refers to the fund's investment in multiple underlying ETFs that have target outcome period expiration dates which occur on a rolling, or periodic, basis. The underlying ETFs invest substantially all of their assets in FLexible EXchange® Options (“FLEX Options”) on IWM. FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the options clearing corporation. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Options Trading
Category Index --
Global Category Name Options Trading
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Income
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Howard Rubin 0.01 yrs
Karan Sood 0.01 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of June 28, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
23.97%
-9.41%
26.60%
16.25%
18.54%
-18.36%
22.20%
11.30%
As of June 28, 2024.

Asset Allocation

As of June 27, 2024.
Type % Net % Long % Short
Cash 0.95% Upgrade Upgrade
Stock 99.05% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investors with capital appreciation. The term "laddered portfolio" refers to the fund's investment in multiple underlying ETFs that have target outcome period expiration dates which occur on a rolling, or periodic, basis. The underlying ETFs invest substantially all of their assets in FLexible EXchange® Options (“FLEX Options”) on IWM. FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the options clearing corporation. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Options Trading
Category Index --
Global Category Name Options Trading
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Income
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Howard Rubin 0.01 yrs
Karan Sood 0.01 yrs

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