DGAP ETF — FT Vest U.S. Equity Buffer & Digital Return ETF - April

FT Vest U.S. Equity Buffer & Digital Return ETF - April (DGAP)

Updated October 16, 2026.

DGAP is an ETF. its expense ratio is 0.85%. Total return is 4.7% over the past 0.5 years, 3.3 points behind SPY at 8.0%.

FT Vest U.S. Equity Buffer & Digital Return ETF - April is an equity ETF with an expense ratio of 0.85%. The fund does not currently distribute to shareholders. This ETF may appeal to investors seeking equity exposure with a defined structure rather than traditional dividend income.

DGAP performance versus SPY

Price and return data through 2026-10-16.

Total return is 4.7% over the past 0.5 years, 3.3 points behind SPY at 8.0%.

DGAP key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Expense ratio

0.85%

Distribution frequency

None

Last close

$31.22 (stale; as of 2026-10-16)

AUM

$7,785,516

Average volume

100.0

Beta

0.2157

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.

DGAP risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider DGAP — and who may not

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

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Frequently asked questions

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