BFEW - First Trust Exchange-Traded Fund VIII - FT Vest Laddered U.S. Equity Equal Weight Buffer ETF
BFEW provides exposure to US large-cap equities through a portfolio of four underlying buffer ETFs, each linked to the price return of the Invesco S&P 500 Equal Weight ETF (RSP). These underlying funds use options to define one-year outcome periods with capped upside and a buffer against the first 10% of losses. Rather than allocating to a single outcome period, BFEW invests across multiple funds with staggered reset dates, creating a laddered structure that spreads exposure over time.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.2M
- Beta
- 0.09
- 52-Week Range
- 20.18-21.89
- IPO Date
- Apr 8, 2026
- Exchange
- CBOE
BFEW Options Snapshot
Options pricing data for BFEW is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The BFEW overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
BFEW fund facts: expense ratio 0.10%, assets under management $3.2M, NAV $21.55 as of the data source's update on Oct 8, 2026, 5 holdings in its latest file, launched Apr 7, 2026, issued by First Trust. See the BFEW holdings.
Frequently asked BFEW overview questions
- What is BFEW?
- BFEW is the ticker symbol for First Trust Exchange-Traded Fund VIII - FT Vest Laddered U.S. Equity Equal Weight Buffer ETF, an listed exchange-traded fund. BFEW provides exposure to US large-cap equities through a portfolio of four underlying buffer ETFs, each linked to the price return of the Invesco S&P 500 Equal Weight ETF (RSP). These underlying funds use options to define one-year outcome periods with capped upside and a buffer against the first 10% of losses. Listed on CBOE. BFEW is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are BFEW's key statistics?
- First Trust Exchange-Traded Fund VIII - FT Vest Laddered U.S. Equity Equal Weight Buffer ETF (BFEW) carries a market capitalization of $2.2M, 52-week range of 20.18-21.89. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does BFEW belong to?
- First Trust Exchange-Traded Fund VIII - FT Vest Laddered U.S. Equity Equal Weight Buffer ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare BFEW's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the BFEW data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for BFEW, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.