TDEC ETF — FT Vest Emerging Markets Buffer ETF - December

FT Vest Emerging Markets Buffer ETF - December (TDEC)

Updated October 16, 2026.

TDEC is an ETF. its expense ratio is 0.95%. Total return is 33.7% over the past 1.8 years, 2.8 points ahead of SPY at 30.9%.

First Trust's FT Vest Emerging Markets Buffer ETF - December is a non-diversified equity fund that invests substantially all of its assets in FLEX Options referencing the iShares MSCI Emerging Markets ETF to provide exposure to emerging markets with downside protection features. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.95%. It appeals to investors seeking emerging market equity exposure combined with buffer-style downside protection strategies.

TDEC performance versus SPY

Price and return data through 2026-10-16.

Total return is 33.7% over the past 1.8 years, 2.8 points ahead of SPY at 30.9%. Over the past year its total return — price change plus distributions reinvested — is 14.8%. Its deepest 1-year drawdown was 8.2%.

TDEC key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

12/19/2024

Expense ratio

0.95%

Distribution frequency

None

Last close

$26.75 (as of 2026-10-16)

AUM

$16,440,726

Average volume

724.0

Beta

0.6196

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.

TDEC risks and drawbacks

The deepest 1-year drawdown on record here is 8.2%.

Who may consider TDEC — and who may not

It is a weaker fit for investors who need monthly cash flow (TDEC does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on TDEC

• All tickers starting with T

Tagged: Downside Protection, Options, Target, Emerging Markets, International.

Frequently asked questions

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