AUGM ETF — FT Vest U.S. Equity Max Buffer ETF - August

FT Vest U.S. Equity Max Buffer ETF - August (AUGM)

Updated October 16, 2026.

AUGM is an ETF. its expense ratio is 0.85%. Total return is 13.7% over the past 2.2 years, 26.3 points behind SPY at 40.0%.

FT Vest U.S. Equity Max Buffer ETF - August is an ETF that invests substantially all of its assets in flexible exchange options referencing an underlying U.S. equity ETF, employing a target outcome strategy designed to produce predetermined investment results with downside buffering. The fund does not currently distribute income, carries an expense ratio of 0.85%, and is non-diversified. It appeals to equity investors seeking predefined outcome structures with built-in downside protection rather than traditional dividend income.

AUGM performance versus SPY

Price and return data through 2026-10-16.

Total return is 13.7% over the past 2.2 years, 26.3 points behind SPY at 40.0%. Over the past year its total return — price change plus distributions reinvested — is 5.4%. Its deepest 1-year drawdown was 1.6%.

AUGM key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/16/2024

Expense ratio

0.85%

Distribution frequency

None

Last close

$35.47 (as of 2026-10-16)

AUM

$65,757,376

Average volume

952.0

Beta

0.159

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AUGM risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.6%.

Who may consider AUGM — and who may not

It is a weaker fit for investors who need monthly cash flow (AUGM does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on AUGM

• All tickers starting with A

Tagged: Downside Protection, Options, Target.

Frequently asked questions

More securities from First Trust.