(BUFD) FT Cboe Vest Fund of Deep - Ratings and Ratios

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is designed to offer exposure to U.S. large-cap equities while mitigating downside risk. It achieves this by investing in a laddered portfolio of twelve FT Cboe Vest U.S. Equity Deep Buffer ETFs, each structured to provide specific outcomes over a one-year period. This approach allows the fund to manage risk effectively by spreading investments across ETFs with staggered expiration dates, ensuring a periodic rebalancing that aligns with the markets movement.

Each underlying ETF within BUFD is engineered to provide a defined outcome, typically targeting a specific level of downside protection. This structure is particularly appealing to investors seeking equity exposure without the full volatility of the market. The funds non-diversified status means it can concentrate its investments, which may heighten sector-specific risks but also allows for targeted strategy execution.

Traded on the BATS exchange under the ticker BUFD, this ETF falls under the Defined Outcome category. With an AUM of $1.16 billion, it represents a significant investment vehicle for those interested in structured equity solutions. The absence of traditional valuation metrics like P/E or P/B reflects its nature as a fund of funds, focusing on outcome-based strategies rather than direct equity valuation.