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FEBM

GradeDChicago Board Options Exchange

First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - February

Buffered · First Trust · Inception 2025-02-21 · SEC filings

$31.68−0.05 (−0.16%)

As of Sep 23, 2026, 12:44 PM EDT

History starts Feb 24, 2025.
Intraday session: down, 2 prints from 31.73 to 31.68. Range 31.68 to 31.73. Use the arrow keys to read each point.$31.70$31.7210 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$46M
1Y return
+6.2%
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0M sh
NAV per share
$31.72
52W range
low $29.82high $31.73

The ETF.net FEBM Grade

D

36/ 100

Rank 17 of 20 in S&P 500 Max Buffer⁠

Confidence Medium

Six-pillar profile for FEBM. Scores out of 100: Cost 21, Risk 45, Mission not scored, Tradability 47, Holdings not scored, Durability 71. Strongest: Durability (71). Weakest: Cost (21). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 36 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 21
    Category rank13/20 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank12/20 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank10/20 · top 50%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 71
    Category rank7/20 · top 35%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

FEBM Holdings

As of Sep 21, 2026, 5:36 PM
Asset class
Other
Holdings
4
Top-10 weight
108%
Largest holding
2027-02-19 State Street® SPDR® S&P 500® ETF Trust C 6.87105.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—2027-02-19 State Street® SPDR® S&P 500® ETF Trust C 6.87105.60%644$49M1
002—2027-02-19 State Street® SPDR® S&P 500® ETF Trust P 689.411.34%644$614K1
003—US Dollar0.65%300,775$301K394

Showing 1–3 of 3 holdings

FEBM Performance

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

FEBM$10,616
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FEBM $10,616. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 FEBM. Periods over one year show the average yearly return.
PeriodFEBM
Year to date+4.4%
1 month+0.4%
3 months+1.7%
1 year+6.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 FEBM
YearReturn barFEBM
2026 YTD+4.4%
2025+5.4%

History from Feb 24, 2025

FEBM in the news

ETF.net Research hasn’t filed on FEBM yet — coverage lands here as it’s written.

FEBM Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

FEBM Risk

How much the fund’s monthly returns vary, scaled to a year.
2.5%
Annualised · 18 months to Aug 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.
1.00
vs 3-month T-bills · 18 months to Aug 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.
−2.6%
18 months · trough Apr 2025
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.
0.17
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.

FEBM Cost

Expense ratio0.85%
  • The middle half of S&P 500 Max Buffer funds
  • Median 0.52%

11 of the 20 S&P 500 Max Buffer funds charge less.

FEBM costs $85.00 a year on $10,000. The median S&P 500 Max Buffer fund costs $51.50.