(XISE) FT Cboe Vest U.S. Equity - Ratings and Ratios

The FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (BATS:XISE) is designed to provide investors with exposure to the price performance of an underlying ETF while incorporating a buffer against losses. Under normal market conditions, the fund allocates the majority of its assets to Flex Options, which are exchange-traded options that allow for customized outcomes. These options are tied to the performance of the underlying ETF, and the fund also invests in short-term U.S. Treasury securities to manage risk and generate additional income. The fund is classified as non-diversified, meaning it may concentrate its investments in a smaller number of securities, which can increase risk but also potentially enhance returns. The ETF is part of the Defined Outcome category, which typically seeks to deliver specific risk-return profiles, such as buffered losses or enhanced income.