BUFT - FT Vest Buffered Allocation Defensive ETF

The FT Vest Buffered Allocation Defensive ETF (BUFT) is designed to help investors safeguard their capital. This objective is achieved by allocating nearly all of its assets to a selection of other exchange-traded funds, referred to as "Underlying ETFs. " These Underlying ETFs are structured to deliver returns linked to the price performance of the SPDR S&P 500 ETF Trust (SPY), incorporating a pre-set ceiling on potential gains (a "cap") and a specific safeguard against losses (a "buffer") from SPY's movements over a defined one-year period.

Sector
Financial Services
Industry
Asset Management
Market Cap
$146.4M
Beta
0.30
52-Week Range
23.58-26.09
IPO Date
Oct 28, 2021
Exchange
CBOE

BUFT Options Snapshot

Options pricing data for BUFT 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 BUFT 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.

Frequently asked BUFT overview questions

What is BUFT?
BUFT is the ticker symbol for FT Vest Buffered Allocation Defensive ETF, an listed exchange-traded fund. The FT Vest Buffered Allocation Defensive ETF (BUFT) is designed to help investors safeguard their capital. This objective is achieved by allocating nearly all of its assets to a selection of other exchange-traded funds, referred to as "Underlying ETFs. Listed on CBOE. BUFT 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 BUFT's key statistics?
FT Vest Buffered Allocation Defensive ETF (BUFT) carries a market capitalization of $146.4M, 52-week range of 23.58-26.09. 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 BUFT belong to?
FT Vest Buffered Allocation Defensive 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 BUFT'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 BUFT data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for BUFT, 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.