(BUFS) BUFS - Ratings and Ratios

The BUFS ETF employs a laddered portfolio strategy, meaning it invests in a series of underlying ETFs with staggered target outcome periods. These expiration dates are structured on a rolling basis, allowing the fund to maintain exposure to market movements while managing the timing of its investments. The underlying ETFs allocate most of their assets to FLEX Options on the iShares Russell 2000 ETF (IWM), which provides exposure to small-cap U.S. equities. FLEX Options are highly customizable, exchange-traded contracts with guaranteed settlement by the Options Clearing Corporation (OCC), offering a level of security and flexibility in hedging or speculation.

As a non-diversified fund, BUFS can concentrate its investments in a smaller number of securities, which may amplify both potential returns and risks. This approach aligns with its defined outcome strategy, which seeks to deliver specific return profiles within predefined periods. The funds structure is designed to appeal to investors seeking targeted exposure to small-cap equities with the added layer of options-based risk management.