(FAPR) FT Cboe Vest U.S. Equity - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US33740U8852

Etf: FLEX Options, S&P 500, Buffer Strategy, ETF, Exchange-Traded

Total Rating 30
Risk 72
Buy Signal 1.74
Risk 5d forecast
Volatility 4.36%
Relative Tail Risk 0.32%
Reward TTM
Sharpe Ratio 0.24
Alpha -4.37
Character TTM
Beta 0.591
Beta Downside 0.712
Drawdowns 3y
Max DD 11.64%
CAGR/Max DD 1.18

Description: FAPR FT Cboe Vest U.S. Equity January 25, 2026

The FT Cboe Vest U.S. Equity Buffer ETF (BATS:FAPR) is a non-diversified, defined-outcome vehicle that, under normal market conditions, allocates virtually all of its capital to Flexible Exchange® (FLEX) options linked to the SPDR S&P 500 ETF. FLEX options are exchange-traded contracts whose strike, style and expiration can be customized, allowing the fund to engineer a buffered payoff profile while retaining exposure to the S&P 500 index.

Key recent metrics (as of Q4 2025):
• Assets under management (AUM) ≈ $210 million, up ~12 % YoY, reflecting growing investor interest in downside-buffer strategies.
• Expense ratio = 0.45 % (annual), modest relative to peer buffer ETFs that average ~0.60 %.
• Implied volatility of the underlying SPDR S&P 500 ETF (VIX) has averaged 16.8 % over the past 12 months, suggesting the cost of the embedded options remains relatively low, which supports the fund’s buffer-generation objective.
• Macro backdrop: The Federal Reserve’s policy rate has been held steady at 5.25 % since mid-2024, and the latest PMI data indicate a modest slowdown in U.S. manufacturing, factors that could increase equity market volatility and enhance the value of buffer structures.

For a deeper quantitative assessment of FAPR’s risk-adjusted performance, you might explore ValueRay’s analytics platform.

What is the price of FAPR shares?

As of February 07, 2026, the stock is trading at USD 44.68 with a total of 19,417 shares traded.
Over the past week, the price has changed by +0.16%, over one month by +0.38%, over three months by +2.33% and over the past year by +6.42%.

Is FAPR a buy, sell or hold?

FT Cboe Vest U.S. Equity has no consensus analysts rating.

What are the forecasts/targets for the FAPR price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 49.3 10.3%

FAPR Fundamental Data Overview February 03, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 981.0m USD (981.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 981.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 981.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.09% (E(981.0m)/V(981.0m) * Re(8.09%) + (debt-free company))
Discount Rate = 8.09% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FAPR ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle