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Dividend Vision

APXM — FT Vest U.S. Equity Max Buffer ETF - April

FT Vest U.S. Equity Max Buffer ETF - April (APXM)

APXM pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 8.8% over the past 1.3 years, 44.4 points behind SPY at 53.2%. Its deepest 1-year drawdown was 0.6%.

APXM is an ETF from First Trust that invests substantially all of its assets in FLEX Options referencing the price performance of an underlying equity ETF, designed to provide buffered exposure to U.S. equities. The fund carries an expense ratio of 0.85% and does not currently distribute income to shareholders. It appeals to investors seeking equity exposure with defined downside protection parameters, though its non-diversified structure and options-based approach make it suitable primarily for those with specific risk management objectives.

APXM key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
04/16/2025
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$32.05
AUM
$17,391,014
Average volume
7.0
Beta
0.0648
P/E ratio
26.3398