FT Vest U.S. Equity Deep Buffer ETF - December
$49.02+0.02 (+0.04%)
- 0.85%
- $432M
- +13.0%
- 0M sh
- $48.98
- low $43.48high $49.03
The ETF.net DDEC Grade
C
Score 43 out of 100
- 15 of 19
Score 43 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 100Rank 8 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 11 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 11 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 8 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 9 of 19
Our read on DDEC
CThe deep-buffer version of the trade: DDEC lets the first 5% of an S&P 500 slide go, then absorbs the next 25 points of losses down to a 30% drop, in exchange for a capped upside that resets every December.
The Fund seeks to match the Underlying ETF’s price return up to an upside cap of 11.96%, while buffering losses in the range from 5% through 30% below the initial level during the current outcome period.
Why people hold it
- Deep, not standard. The first 5% of decline stays with you, then the fund cushions the next 25 points, covering losses down to 30% over the outcome period.ftportfolios.com
- The reference asset is the SPDR S&P 500 ETF Trust, so the thing being hedged is plain large-cap US equity, and the payoff follows its price return.
- One of twelve dated siblings, one per calendar month. The December reset lets holders stagger entry points across the series instead of betting on a single start date.
- Live since 2020, so the structure has run through multiple complete reset cycles rather than one untested stretch.
Worth knowing
- 0.85% a year sits right at the deep-buffer median, but Pacer's conservative structured-outcome funds (PSCX, PSCW) charge 0.49% for a defensive brief in the same cohort.
- Upside is capped and the cushion only starts after a 5% drop. Both terms are set for the one-year period, so buying mid-period changes the cushion and ceiling you actually get.
- It trades lightly next to the category's largest funds, which can widen the spread between market price and underlying value at the moment of a trade.
DDEC Holdings
- Other
- 3
- 104%
- 2026-12-18 State Street® SPDR® S&P 500® ETF Trust C 6.80
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
DDEC Performance
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.
DDEC$11,303
Returns run to the Oct 12, 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.
| Period | DDEC |
|---|---|
| Year to date | +8.7% |
| 1 month | +1.2% |
| 3 months | +2.8% |
| 1 year | +13.0% |
| 3 years | +13.0% |
| 5 years | +8.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DDEC |
|---|---|---|
| 2026 YTD | +8.7% | |
| 2025 | +12.3% | |
| 2024 | +12.2% | |
| 2023 | +16.8% | |
| 2022 | −6.7% | |
| 2021 | +7.6% | |
| 2020 | +0.8% |
DDEC in the news
DDEC Dividends
No distributions in the last 12 months.
DDEC Risk
- 6.3%
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.
- 1.29
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.
- −10.2%
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.
- 0.48
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DDEC Cost
0.85%
DDEC0.85%
- The middle half of S&P 500 Deep Buffer 25-30% funds
- Median 0.85%
7 of the 19 S&P 500 Deep Buffer 25-30% funds charge less.
Other funds in S&P 500 Deep Buffer 25-30%
- CDSEPFT Vest U.S. Equity Deep Buffer ETF - SeptemberExpense ratio 0.85%1 year return +12.9%
- CDMAYFT Vest U.S. Equity Deep Buffer ETF - MayExpense ratio 0.85%1 year return +10.1%
- CDOCTFT Vest U.S. Equity Deep Buffer ETF - OctoberExpense ratio 0.85%1 year return +12.2%
- CCTJLCorgi ETF Trust I - Corgi U.S. Equities 30% Structured Buffer ETF - July SeriesExpense ratio 0.30%1 year return —
- CCTJNCorgi ETF Trust I - Corgi U.S. Equities 30% Structured Buffer ETF - June SeriesExpense ratio 0.30%1 year return —