BUFD ETF — FT Vest Laddered Deep Buffer ETF

FT Vest Laddered Deep Buffer ETF (BUFD)

BUFD is an ETF that tracks the S&P 500 (via SPY). As of August 19, 2026, its distribution rate is 0.00%, its expense ratio is 0.95%.

FT Vest Laddered Deep Buffer ETF is a fund that provides U.S. large-cap equity exposure through a laddered portfolio of twelve underlying buffer ETFs tied to the S&P 500, using FLEX Options to cap upside returns while buffering losses between -5% and -30% across rolling monthly outcome periods. The fund does not currently distribute income, and carries an expense ratio of 0.95%. It appeals to investors seeking equity market participation with downside protection mechanisms rather than current income generation.

BUFD key facts

Data as of August 19, 2026.

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/13/2020

Expense ratio

0.95%

Distribution rate

0.00%

Distribution frequency

None

Last close

$30.23

AUM

$2,017,063,926

Average volume

210185.0

Beta

0.46

P/E ratio

26.4997

How Dividend Vision calculates yield and returns

Distribution rate (0.00%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: First Trust fund page; Index: S&P 500 (via SPY); 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.

Who may consider BUFD — and who may not

It is a weaker fit for investors who need monthly cash flow (BUFD does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from First Trust.