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Dividend Vision

XAPR — FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April

FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR)

XAPR pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 28.4% over the past 2.3 years, 31.1 points behind SPY at 59.5%. Its deepest 1-year drawdown was 1.3%.

This ETF invests substantially all its assets in customized equity option contracts (FLEX Options) that reference the S&P 500, seeking to provide moderate downside buffer protection while participating in stock market gains. The fund does not currently distribute income, carries an expense ratio of 0.85%, and maintains a modest asset base. It appeals to equity investors seeking a structured approach to market participation with built-in downside protection, rather than traditional dividend or income-focused investors.

XAPR key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$38.39
AUM
$30,985,615
Average volume
1300.0
Beta
0.1487
P/E ratio
26.4531