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Dividend Vision

GAPR — First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April (GAPR)

GAPR pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 42.9% over the past 3.3 years, 53.1 points behind SPY at 96.0%. Its deepest 1-year drawdown was 1.7%.

GAPR is an equity ETF from First Trust that launched in April 2023 and employs a moderate buffer strategy designed to provide downside protection while maintaining equity exposure. The fund carries an expense ratio of 0.85% and currently offers no yield, positioning it as a structure-focused investment rather than an income-generating one. This ETF appeals to investors seeking equity participation with built-in loss mitigation, rather than those prioritizing dividend income.

GAPR key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
04/21/2023
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$42.49
AUM
$286,920,728
Average volume
15672.0
Beta
0.28
P/E ratio
26.5851