BUFM - AB Active ETFs, Inc. - AB Moderate Buffer ETF

BUFM actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF (SPY), up to a cap, and provide partial downside protection over an outcome period that ranges from 90 to 120 days. In exchange for preventing the realization of the first 10% of the losses in value of SPY shares, investors forego upside participation typically between 4% and 5%. Periodically, the fund may bear the first 2% of SPYs losses if doing so allows the fund to maintain a higher upside cap.

Sector
Financial Services
Industry
Asset Management
Market Cap
$465.8M
Beta
0.40
52-Week Range
36.19-41.42
IPO Date
Dec 11, 2024
Exchange
NASDAQ

BUFM Options Snapshot

Options pricing data for BUFM 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 BUFM 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.

BUFM fund facts: expense ratio 0.69%, assets under management $489.2M, NAV $41.11 as of the data source's update on Oct 8, 2026, launched Dec 9, 2024, issued by Alliance Bernstein. See the BUFM holdings.

Frequently asked BUFM overview questions

What is BUFM?
BUFM is the ticker symbol for AB Active ETFs, Inc. - AB Moderate Buffer ETF, an listed exchange-traded fund. BUFM actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF (SPY), up to a cap, and provide partial downside protection over an outcome period that ranges from 90 to 120 days. In exchange for preventing the realization of the first 10% of the losses in value of SPY shares, investors forego upside participation typically between 4% and 5%. Listed on NASDAQ. BUFM 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 BUFM's key statistics?
AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM) carries a market capitalization of $465.8M, 52-week range of 36.19-41.42. 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 BUFM belong to?
AB Active ETFs, Inc. - AB Moderate 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 BUFM'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 BUFM data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for BUFM, 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.