BUFX - FT Vest Laddered Enhance & Moderate Buffer ETF
BUFX holds a laddered portfolio of defined outcome buffer ETFs. It consists of 12 equity buffer funds, each of which uses FLEX options to provide approximately twice of any positive price returns of SPY, up to a predetermined upside cap while preventing realization of the first 15% of its losses over a one-year period. Each underlying ETFs target outcome period, during which it resets its cap and refreshes its buffer, occurs every month on a rolling basis.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $17.0M
- Beta
- 0.26
- 52-Week Range
- 20.735-22.9
- IPO Date
- Jun 25, 2025
- Exchange
- CBOE
BUFX Options Snapshot
Options pricing data for BUFX 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 BUFX 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.
BUFX fund facts: expense ratio 0.10%, assets under management $19.3M, NAV $22.76 as of the data source's update on Oct 8, 2026, 13 holdings in its latest file, launched Jun 24, 2025, issued by First Trust. See the BUFX holdings.
Frequently asked BUFX overview questions
- What is BUFX?
- BUFX is the ticker symbol for FT Vest Laddered Enhance & Moderate Buffer ETF, an listed exchange-traded fund. BUFX holds a laddered portfolio of defined outcome buffer ETFs. It consists of 12 equity buffer funds, each of which uses FLEX options to provide approximately twice of any positive price returns of SPY, up to a predetermined upside cap while preventing realization of the first 15% of its losses over a one-year period. Listed on CBOE. BUFX 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 BUFX's key statistics?
- FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX) carries a market capitalization of $17.0M, 52-week range of 20.735-22.9. 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 BUFX belong to?
- FT Vest Laddered Enhance & 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 BUFX'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 BUFX data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for BUFX, 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.