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ETFs

FT Cboe Vest International Equity Buffer ETF - December

YDEC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 18 2020
Expense Ratio
0.90%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$122,162
AUM
$61,654,042
Associated Index
iShares MSCI EAFE ETF
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
2023-12-15 iShares MSCI EAFE ETF C 0.65
98.89%
n/a
2023-12-15 iShares MSCI EAFE ETF P 65.42
0.81%
n/a
US Dollar
0.62%
n/a
2023-12-15 iShares MSCI EAFE ETF C 80.38
-0.08%
n/a
2023-12-15 iShares MSCI EAFE ETF P 58.88
-0.25%
Invest with YDEC

What is YDEC?

The investment objective of the FT Cboe Vest International Equity Buffer ETF - December (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the iShares MSCI EAFE ETF (the "Underlying ETF"), up to a predetermined upside cap of 13.79% (before fees, expenses and taxes) and 12.89% (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 the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from December 21, 2020 to December 17, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the iShares MSCI EAFE ETF.

ETFs related toYDEC

ETFs correlated to YDEC include IEFA, EFA, ESGD

YDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest International Equity Buffer ETF - December
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
GSID
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF

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 toYDEC

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with YDEC using Composer

FAQ

YDEC is a Global Ex. US Equities ETF. The investment objective of the FT Cboe Vest International Equity Buffer ETF - December (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the iShares MSCI EAFE ETF (the "Underlying ETF"), up to a predetermined upside cap of 13.79% (before fees, expenses and taxes) and 12.89% (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 the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from December 21, 2020 to December 17, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the iShares MSCI EAFE ETF.

YDEC tracks the iShares MSCI EAFE ETF.

No, YDEC 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, YDEC 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 YDEC is -0.0045%. This is the percent change in the value of YDEC over the most recent 1-month period. The 3-month return on YDEC is -0.0205%. This is the percent change in the value of YDEC over the most recent 3-month period.

The standard deviation of YDEC for the past year is 0.141%. 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 YDEC include YSEP, YMAR, and YJUN.

ETFs correlated to YDEC include IEFA, EFA, and ESGD.

ETFs that are inversely correlated to YDEC include EFZ, EPV, and SH.

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.