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Investment Objective/Strategy - The investment objective of the FT Vest Gold Strategy Quarterly Buffer ETF (the "Fund") is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR Gold Trust (the "Underlying ETF"), up to a predetermined upside cap of 8.77% while providing a buffer (before fees and expenses) against Underlying ETF losses between -5% and -15% over the period from August 30, 2024 to November 29, 2024.
There can be no assurance that the Fund's investment objectives will be achieved.
Ticker | BGLD |
Fund Type | Target Outcome Strategies® |
Investment Advisor | First Trust Advisors L.P. |
Investor Servicing Agent | Bank of New York Mellon Corp |
Portfolio Manager/Sub-Advisor | Vest Financial, LLC |
CUSIP | 33733E849 |
ISIN | US33733E8497 |
Intraday NAV | BGLDIV |
Fiscal Year-End | 12/31 |
Exchange | Cboe BZX |
Inception | 1/20/2021 |
Inception Price | $19.99 |
Inception NAV | $19.99 |
Total Expense Ratio* | 0.91% |
* As of 5/1/2024
Closing NAV1 | $22.71 |
Closing Market Price2 | $22.76 |
Bid/Ask Midpoint | $22.76 |
Bid/Ask Premium | 0.22% |
30-Day Median Bid/Ask Spread3 | 0.55% |
Total Net Assets | $39,750,382 |
Outstanding Shares | 1,750,002 |
Daily Volume | 4,235 |
Average 30-Day Daily Volume | 19,080 |
Closing Market Price 52-Week High/Low | $22.76 / $18.22 |
Closing NAV 52-Week High/Low | $22.72 / $18.18 |
Number of Holdings (excluding cash) | 4 |
Past performance is not indicative of future results.
Among 247 funds in the Options Trading category. This fund was rated 4 stars/247 funds (3 years) based on risk adjusted returns.
Holding |
Percent |
U.S. Treasury Bill, 0%, due 11/26/2024 |
89.88% |
2024-11-29 SPDR Gold Trust C 219.73 |
11.80% |
2024-11-29 SPDR Gold Trust P 196.60 |
-0.06% |
2024-11-29 SPDR Gold Trust C 251.57 |
-2.29% |
* Excluding cash.
Holdings are subject to change.
|
2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Days Traded at Premium |
189 |
46 |
48 |
51 |
Days Traded at Discount |
61 |
15 |
15 |
10 |
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Standard Deviation |
Alpha |
Beta |
Sharpe Ratio |
Correlation |
BGLD |
9.41% |
-0.55 |
0.67 |
0.55 |
0.92 |
LBMA Gold Price |
12.82% |
--- |
1.00 |
0.66 |
1.00 |
Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms
on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure
of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.
LBMA Gold Price - The Benchmark is the global benchmark price for unallocated gold delivered in London. S&P 500® Index - The Index is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance.
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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