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Launched · SEC filings

FT Vest U.S. Equity Deep Buffer ETF - August

DAUGCboeFirst TrustC

$47.25−0.11 (−0.23%)

At close: Nov 2, 2026, 4:00 PM ET

C47/ 100

Rank 10 of 19 in S&P 500 Deep Buffer 25-30%

C47/100Rank 10 of 19inS&P 500 Deep Buffer 25-30%
Intraday session: down, 78 prints from 47.36 to 47.25. Range 47.25 to 47.66. Use the arrow keys to read each point.47.3047.5047.6010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$446M
1Y total return
+7.6%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
26.3K sh
52W range
low $42.83high $48.13
Launched
Filings
SEC EDGAR

The ETF.net DAUG Grade

Based on 5 of 6 pillars

C

Score 47 out of 100

Category
S&P 500 Deep Buffer 25-30%⁠
Rank
10 of 19
Six-pillar profile for DAUG. Scores out of 100: Cost 31, Risk 45, Mission not scored, Tradability 74, Holdings 48, Durability 79. Strongest: Durability (79). Weakest: Cost (31). Based on 5 of 6 pillars.

Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D31 out of 100
    Rank 8 of 19

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 14 of 19

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A74 out of 100
    Rank 4 of 19

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C48 out of 100
    Rank 11 of 12

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A79 out of 100
    Rank 2 of 19

Our read on DAUG

ETF.net Research

In short

CInsurance with a deductible. DAUG bears the first 5% of an S&P 500 slide, then absorbs the next 25 points of losses, and in exchange your upside is capped at a level reset every August. Running since 2019.

Stated mandate

The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust before fees and expenses, subject to an 11.98% upside cap and protection for losses in the -5% to -30% range during the current outcome period.

Why people hold it

  • The cushion sits where drawdowns bite: SPY losses between -5% and -30% are absorbed, a 25-point buffer, before losses pass through one-for-one again.sec.gov
  • Twelve siblings run the same deep-buffer recipe on a monthly cycle (DJAN through DDEC), so you can pick a reset month or spread money across several start dates.
  • Terms are knowable up front: the new cap is set at each August reset, disclosed in a filing and posted to the fund's site before the period begins.sec.gov
  • Live since 2019, so this August reset has been rolled through real market stress rather than a backtest.

Worth knowing

  • The reference is SPY's price return, so S&P 500 dividends are not part of what you capture. That is part of what the buffer costs.sec.gov
  • Buffer and cap are designed for the full outcome period. Buy midstream and your own remaining cushion and upside differ from the headline terms.sec.gov
  • 0.85% matches the deep-buffer cohort median, while Pacer's SOS conservative funds (PSCX, PSCW) charge 0.49%. Volume is light here, so spreads can run wider.

DAUG Performance

Launched Nov 6, 2019

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
DAUG$10,756
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. DAUG $10,756. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DAUG. Periods over one year show the average yearly return.
PeriodDAUG
Year to date+6.6%
1 month−1.1%
3 months−0.1%
1 year+7.6%
3 yearsper year+12.5%
5 yearsper year+6.2%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DAUG
YearReturn barDAUG
2026 YTD+6.6%
2025+11.7%
2024+12.0%
2023+13.8%
2022−12.0%
2021+6.7%
2020+8.0%

DAUG in the news

DAUG Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

DAUG Risk

Risk pillarC45 out of 100Rank 14 of 19 in S&P 500 Deep Buffer 25-30%
How much the fund’s monthly returns vary, scaled to a year.
6.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.33
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.3%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.53
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

DAUG Cost

Compare DAUG and CTJL

Overpaying vs CTJL, tied cheapest in S&P 500 Deep Buffer 25-30%

$10,050

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DAUG 0.85%

    $16,199

  • CTJL 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • DAUG 0.85%
  • CTJL 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DAUG $16,199CTJL $6,149

Year by year

YearDAUGCTJLOverpaying
10$1,508$545$963
20$5,706$2,113$3,593
30$16,199$6,149$10,050

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