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ETFs

FT Cboe Vest U.S. Equity Deep Buffer ETF - February

DFEB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 21 2020
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$2,034,215
AUM
$237,010,567
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
2024-02-16 SPDR S&P 500 ETF Trust C 4.06
97.86%
n/a
2024-02-16 SPDR S&P 500 ETF Trust P 386.90
3.28%
n/a
US Dollar
0.93%
n/a
2024-02-16 SPDR S&P 500 ETF Trust P 285.08
-0.74%
n/a
2024-02-16 SPDR S&P 500 ETF Trust C 468.23
-1.33%
Invest with DFEB

What is DFEB?

The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - February is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 7.50% (before fees, expenses and taxes) and 6.65% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from February 24, 2020 to February 19, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust.

ETFs related toDFEB

ETFs correlated to DFEB include USCA, GAPR, BBUS

DFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - February
USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
GAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDFEB

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DFEB using Composer

FAQ

DFEB is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - February is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 7.50% (before fees, expenses and taxes) and 6.65% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from February 24, 2020 to February 19, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust.

DFEB tracks the SPDR S&P 500 ETF Trust.

No, DFEB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DFEB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DFEB is 0.0103%. This is the percent change in the value of DFEB over the most recent 1-month period. The 3-month return on DFEB is 0.0358%. This is the percent change in the value of DFEB over the most recent 3-month period.

The standard deviation of DFEB for the past year is 0.0866%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DFEB include DAPR, DMAY, and DJUL.

ETFs correlated to DFEB include USCA, GAPR, and BBUS.

ETFs that are inversely correlated to DFEB include SPXU, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.