DV
Dividend Vision

DMAY — First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - May

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY)

DMAY pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 56.3% over the past 6.2 years, 130.7 points behind SPY at 187.0%. Its deepest 1-year drawdown was 3.4%.

DMAY is an equity ETF that employs a buffer strategy designed to provide downside protection on U.S. stock portfolios while capping upside potential, making it suitable for investors seeking reduced volatility rather than income generation. The fund carries an expense ratio of 0.85% and does not currently distribute dividends, distinguishing it from traditional income-focused equity ETFs. This fund appeals primarily to risk-conscious equity investors and those in or near retirement who prioritize capital preservation over yield.

DMAY key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
05/15/2020
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$48.10
AUM
$361,846,782
Average volume
2159.0
Beta
0.46
P/E ratio
26.7067