DV
Dividend Vision

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

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

GDEC pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 34.8% over the past 2.7 years, 34.7 points behind SPY at 69.5%. Its deepest 1-year drawdown was 4.8%.

GDEC is an equity ETF that implements a moderate buffer strategy designed to provide downside protection while maintaining upside participation in U.S. equities. The fund carries an expense ratio of 0.85% and currently offers no income distributions, making it focused on capital appreciation rather than yield generation. This ETF appeals to investors seeking a structured approach to equity exposure with built-in risk management features, rather than those primarily targeting dividend income.

GDEC key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
12/15/2023
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$40.61
AUM
$434,295,128
Average volume
12700.0
Beta
0.4456
P/E ratio
26.5278