Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.85% -0.05% 60.44M 8685.03
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 0.00% -25.27M Upgrade

Basic Info

Investment Strategy
The Fund seek consistent level of income that is approximately 8.19% while providing a buffer against the first 10% of Underlying ETF losses, over the period from September 18, 2023 through September 20, 2024. The Fund will invest in FLEX Options that reference the Underlying ETF and short-term US Treasury securities.
General
Security Type Exchange-Traded Fund
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)
--
--
--
--
--
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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
YTD
--
--
--
--
--
--
5.70%
5.92%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
18.52%
--
6.80%
7.15%
5.09%
-8.86%
12.17%
12.49%
10.00%
As of December 11, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.38%
Stock 0.00%
Bond 4.80%
Convertible 0.00%
Preferred 0.00%
Other 93.81%
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Basic Info

Investment Strategy
The Fund seek consistent level of income that is approximately 8.19% while providing a buffer against the first 10% of Underlying ETF losses, over the period from September 18, 2023 through September 20, 2024. The Fund will invest in FLEX Options that reference the Underlying ETF and short-term US Treasury securities.
General
Security Type Exchange-Traded Fund
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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