BUFR
FT Vest Laddered Buffer ETF · First Trust
US Broad Market
1Y Return
+13.2%
Expense Ratio
0.95%
AUM
$11B
Dividend Yield
0.00%
Avg Annual Growth (Since Inception)
+9.4%
Issuer
First Trust / Vest

Overview

A ladder of twelve buffer funds — S&P 500 exposure with the first ~10% of losses absorbed by options, refreshed monthly across the ladder.

Top Holdings

TickerHoldingWeight
FJANFT Vest Buffer Jan8.4%
FFEBFT Vest Buffer Feb8.4%
FMARFT Vest Buffer Mar8.4%
FAPRFT Vest Buffer Apr8.4%
FMAYFT Vest Buffer May8.3%
FJUNFT Vest Buffer Jun8.3%
FJULFT Vest Buffer Jul8.3%
FAUGFT Vest Buffer Aug8.3%
FSEPFT Vest Buffer Sep8.3%
FOCTFT Vest Buffer Oct8.3%

Fund Details

Strategy
Laddered 10% Buffer
# Holdings
12 buffer funds
Inception
Aug 2020
Exchange
Cboe BZX
Structure
Fund of Funds
Distribution
None
Avg Annual Growth (Since Inception)
+9.4%
Avg Annual Yield (Since Inception)
0.00%

Investment Thesis

Buffer funds are the fastest-growing category in ETFs because they sell exactly what nervous investors want: stay in stocks, skip the first 10% of any crash, give up some upside via caps. BUFR's ladder of twelve monthly vintages smooths the cap-reset lottery of owning a single buffer fund, making it the set-and-forget version of the strategy. The 0.95% fee and capped upside are the price of sleeping well.

Who It's For

Near-retirees and the crash-scarred who would otherwise sit in cash — equity exposure with training wheels. Accept that in melt-up years the caps will make you the party's designated driver.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020$23.88--
2021$27.94+17.0%
2022$24.87-11.0%
2023$28.84+16.0%
2024$32.88+14.0%
2025$36.50+11.0%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
20200.00%
20210.00%
20220.00%
20230.00%
20240.00%
20250.00%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020$0.2B--
2021$1B+400.0%
2022$2.5B+150.0%
2023$4.5B+80.0%
2024$7B+55.6%
2025$9B+28.6%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of September 2026.

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