Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.85% -0.02% 30.95M 4426.07
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 0.00% -1.883M

Basic Info

Investment Strategy
The Fund seeks consistent level of income that is approximately 7.60% while providing a buffer against the first 10% of Underlying ETF losses, over the period from March 19, 2024 through March 21, 2025. The fund will invest in FLEX Options that reference the Underlying ETF and short-term US Treasury securities.
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

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Peer Group Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Peer Group (NAV)
--
--
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
--
--
--
--
--
--
6.80%
0.81%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
17.88%
-3.22%
--
--
5.25%
-9.21%
12.53%
14.32%
8.79%
0.47%
--
--
11.89%
-6.41%
22.13%
15.15%
7.99%
0.96%
--
--
9.60%
-5.57%
21.34%
17.43%
13.73%
-1.28%
--
--
13.55%
-7.10%
20.92%
11.87%
13.86%
-1.99%
As of March 20, 2026.

Asset Allocation

As of February 28, 2026.
Type % Net
Cash 0.69%
Stock 0.00%
Bond 0.51%
Convertible 0.00%
Preferred 0.00%
Other 98.80%
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Basic Info

Investment Strategy
The Fund seeks consistent level of income that is approximately 7.60% while providing a buffer against the first 10% of Underlying ETF losses, over the period from March 19, 2024 through March 21, 2025. The fund will invest in FLEX Options that reference the Underlying ETF and short-term US Treasury securities.
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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