FT Vest U.S. Equity Quarterly Dynamic Buffer ETF
$37.570.00 (0.00%)
- 0.85%
- $76M
- +14.7%
- 0M sh
- $37.55
- low $32.77high $37.64
The ETF.net FHDG Grade
D
Score 37 out of 100
- 67 of 77
Score 37 of 100 falls in the D 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.F11 out of 100Rank 60 of 77Mission
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.A75 out of 100Rank 6 of 76Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 48 of 77Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C49 out of 100Rank 33 of 44Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 44 of 77
Our read on FHDG
DMost buffer funds lock in one cushion for a full year. FHDG resets every three months and lets the cushion itself flex between 5.0% and 7.5% of S&P 500 losses, with a fresh upside cap set each period.
The Fund seeks to track the price return of the State Street SPDR S&P 500 ETF Trust before fees and expenses, subject to an upside cap, while dynamically buffering either 5.0% or 7.5% of losses over approximately three months.
Why people hold it
- The buffer isn't fixed. Each roughly three-month period opens with either 5.0% or 7.5% of downside absorbed, sized to what the options market can fund at the time.ftportfolios.com
- Quarterly resets mean four fresh starts a year, so one awkward entry point doesn't set the terms for the next twelve months.
- The reference is the SPDR S&P 500 ETF Trust, before fees and expenses. No bespoke index to decode, just the benchmark most investors already track.
- Sits in the upper half of a crowded shallow-buffer peer group, helped by day-to-day tradability that holds up against bigger names.
Worth knowing
- At 0.85% a year it runs above the typical fund in its buffer cohort, and above shallow-buffer alternatives like ZALT (0.69%) and BUFB (0.10%).
- The cap is reset each period, losses past the 5.0% or 7.5% buffer pass through in full, and the reference is a price return, so dividends don't come along.ftportfolios.com
- Launched in late 2024, so the history is short, and the buffer math only lands as designed for holders who own it from one period start to the next.
FHDG Holdings
- Other
- 3
- 101%
- 2026-11-20 State Street® SPDR® S&P 500® ETF Trust C 7.66
FHDG 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.Not enough history yet.Not enough history yet.
FHDG$11,474
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 | FHDG |
|---|---|
| Year to date | +10.8% |
| 1 month | +1.3% |
| 3 months | +3.0% |
| 1 year | +14.7% |
| 3 years | — |
| 5 years | — |
| 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 | FHDG |
|---|---|---|
| 2026 YTD | +10.8% | |
| 2025 | +10.6% | |
| 2024 | +0.5% |
FHDG in the news
Filings Digest
AllianzIM launches OCTI and resets October buffer terms
FHDG Dividends
No distributions in the last 12 months.
FHDG Risk
- 5.7%
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.
- 1.12
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.
- −14.0%
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.
- 0.44
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FHDG Cost
0.85%
FHDG0.85%
- The middle half of S&P 500 Buffer 9-12% funds
- Median 0.79%
59 of the 77 S&P 500 Buffer 9-12% funds charge less.
Other funds in S&P 500 Buffer 9-12%
- DXIDEFT Vest U.S. Equity Buffer & Premium Income ETF - DecemberExpense ratio 0.85%1 year return +6.8%
- DJULZTrueshares Structured Outcome (July) ETFExpense ratio 0.79%1 year return +14.5%
- DDGJAFT Vest U.S. Equity Buffer & Digital Return ETF - JanuaryExpense ratio 0.85%1 year return —
- DJANZTrueShares Structured Outcome (January) ETFExpense ratio 0.80%1 year return +14.6%
- DFEBZTrueShares Structured Outcome (February) ETFExpense ratio 0.79%1 year return +13.5%