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Dividend Vision

FOCT — First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - October

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - October (FOCT)

FOCT pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 80.7% over the past 5.8 years, 64.8 points behind SPY at 145.5%. Its deepest 1-year drawdown was 5.7%.

This ETF invests substantially all of its assets in FLEX Options contracts referencing the SPDR S&P 500 ETF Trust, allowing it to provide customized equity buffer strategies through exchange-traded option contracts with tailored exercise prices and expiration dates. The fund does not currently distribute income, and carries an expense ratio of 0.85%. It appeals to equity investors seeking structured downside protection strategies linked to large-cap U.S. stock market performance.

FOCT key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
10/16/2020
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$53.65
AUM
$1,207,034,848
Average volume
8900.0
Beta
0.62
P/E ratio
26.6997