(BUFT) First Trust Exchange-Traded - Ratings and Ratios

The First Trust Exchange-Traded Fund VIII - FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is designed to provide investors with a defined outcome strategy. It seeks to deliver returns based on the price performance of the SPDR® S&P 500® ETF Trust (SPY), with a cap on upside and a buffer against losses over a one-year period. The fund achieves this by investing in a portfolio of ETFs, primarily leveraging options-based strategies to create its buffered allocation. Under normal market conditions, BUFT allocates nearly all its assets to these underlying ETFs, which are structured to track the S&P 500 while incorporating risk management features.

As of the latest data, BUFT has an average trading volume of 24,162 shares over the past 20 days, with a last price of $22.59. Its short-term and medium-term moving averages (SMA 20: $22.74, SMA 50: $22.63) suggest a stable trading range, while the SMA 200 ($22.18) indicates a slight upward trend over the longer term. The Average True Range (ATR) of 0.08 reflects low volatility, consistent with its defensive strategy. With assets under management (AUM) of $123.94 million, BUFT is a modestly sized ETF targeting risk-conscious investors seeking S&P 500 exposure with downside protection.