DV
Dividend Vision

XMAY — FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May (XMAY)

XMAY pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 23.8% over the past 2.2 years, 26.6 points behind SPY at 50.4%. Its deepest 1-year drawdown was 1.8%.

XMAY is an ETF that invests substantially all its assets in FLEX Options (customized exchange-traded options contracts) referencing the SPDR S&P 500 ETF Trust, designed to provide moderate downside protection while participating in equity market gains. The fund does not currently distribute income, and carries an expense ratio of 0.85%. It appeals to equity investors seeking buffered exposure to the S&P 500 with defined risk parameters rather than traditional dividend income.

XMAY key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$36.77
AUM
$19,733,229
Average volume
383.0
Beta
0.2716
P/E ratio
26.5592