(FAUG) FT Cboe Vest U.S. Equity - Overview
Etf: FLEX, Options, S&P500, Underlying, ETF
| Risk 5d forecast | |
|---|---|
| Volatility | 9.38% |
| Relative Tail Risk | 2.60% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 1.18 |
| Character TTM | |
|---|---|
| Beta | 0.634 |
| Beta Downside | 0.668 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.81% |
| CAGR/Max DD | 1.08 |
Description: FAUG FT Cboe Vest U.S. Equity January 21, 2026
FAUG is a non-diversified, defined-outcome ETF that allocates virtually all of its capital to Flexible Exchange® (FLEX) options linked to the SPDR® S&P 500® ETF (SPY). These bespoke contracts let the manager set custom strike prices, option style and expiration, creating a built-in buffer that caps downside losses while limiting upside participation.
Key operating metrics (as of the latest filing) include an expense ratio of 0.55%, a 15% downside buffer with a 10% upside participation rate, and a typical 12-month option tenor. The underlying SPY is weighted ~57% to information technology, ~15% to health care and ~12% to consumer discretionary, so FAUG’s performance is heavily driven by those sectors.
Macro-level drivers that will influence the buffer’s effectiveness are the Federal Reserve’s policy stance (interest-rate trajectory and balance-sheet reductions) and the prevailing term structure of implied volatility on S&P 500 options. A sustained low-vol environment compresses option premiums, potentially narrowing the buffer’s protection, while a rise in inflation-linked rate hikes could increase market volatility and enhance the buffer’s value.
For a deeper, data-rich breakdown of how FAUG’s buffer mechanics compare to peers, you might find ValueRay’s analytical tools useful.
What is the price of FAUG shares?
Over the past week, the price has changed by +0.08%, over one month by +0.28%, over three months by +2.95% and over the past year by +12.30%.
Is FAUG a buy, sell or hold?
What are the forecasts/targets for the FAUG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 59.7 | 11.7% |
FAUG Fundamental Data Overview February 02, 2026
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 = 1.16b USD (1.16b + (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 1.16b)
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 1.16b / 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 = 8.25% (E(1.16b)/V(1.16b) * Re(8.25%) + (debt-free company))
Discount Rate = 8.25% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)