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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.95% -0.06% 6.034M 7557.13
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- -- 3.609M Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide investors with returns that match the price return of the iShares MSCI Emerging Markets ETF, up to a predetermined upside cap of 19.92% while providing a buffer against the first 10% of Underlying ETF losses, over the period from December 23, 2024 through December 19, 2025.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

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Performance Versus Peer Group

 
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15%
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5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
2025
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
17.88%
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-2.46%
-17.17%
8.23%
-6.79%
-0.81%
As of January 02, 2026.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.39%
Stock 0.00%
Bond 0.00%
Convertible 0.00%
Preferred 0.00%
Other 99.61%
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Basic Info

Investment Strategy
The Fund seeks to provide investors with returns that match the price return of the iShares MSCI Emerging Markets ETF, up to a predetermined upside cap of 19.92% while providing a buffer against the first 10% of Underlying ETF losses, over the period from December 23, 2024 through December 19, 2025.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

View Basic Info
Start Trial

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