BUFY - FT Vest Laddered International Moderate Buffer ETF

BUFY holds a laddered portfolio of defined outcome buffer ETFs. It consists of four equity buffer funds, each using FLEX options to gain exposure to EFAs capped gains and provide a buffer against the first 15% of losses. The fund will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and finally, a fourth ETF with options expiring within 12 months.

Sector
Financial Services
Industry
Asset Management
Market Cap
$172.4M
Beta
0.24
52-Week Range
21.45-24.14
IPO Date
Sep 26, 2024
Exchange
CBOE

BUFY Options Snapshot

Options pricing data for BUFY 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 BUFY 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.

BUFY fund facts: expense ratio 0.10%, assets under management $170.1M, NAV $23.79 as of the data source's update on Oct 8, 2026, 5 holdings in its latest file, launched Sep 25, 2024, issued by First Trust. See the BUFY holdings.

Frequently asked BUFY overview questions

What is BUFY?
BUFY is the ticker symbol for FT Vest Laddered International Moderate Buffer ETF, an listed exchange-traded fund. BUFY holds a laddered portfolio of defined outcome buffer ETFs. It consists of four equity buffer funds, each using FLEX options to gain exposure to EFAs capped gains and provide a buffer against the first 15% of losses. Listed on CBOE. BUFY 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 BUFY's key statistics?
FT Vest Laddered International Moderate Buffer ETF (BUFY) carries a market capitalization of $172.4M, 52-week range of 21.45-24.14. 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 BUFY belong to?
FT Vest Laddered International 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 BUFY'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 BUFY data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for BUFY, 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.