FBUF - Fidelity Dynamic Buffered Equity ETF

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of factors like historical valuation, growth, and profitability. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks.

Sector
Financial Services
Industry
Asset Management
Market Cap
$25.7M
Beta
0.54
52-Week Range
29.62-33.91
Dividend Yield
$0.19
IPO Date
Apr 11, 2024
Exchange
CBOE

FBUF Options Snapshot

Options pricing data for FBUF 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 FBUF 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.

FBUF fund facts: expense ratio 0.52%, assets under management $25.8M, NAV $33.74 as of the data source's update on Oct 8, 2026, launched Apr 9, 2024, issued by Fidelity. See the FBUF holdings.

Frequently asked FBUF overview questions

What is FBUF?
FBUF is the ticker symbol for Fidelity Dynamic Buffered Equity ETF, an listed exchange-traded fund. FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of factors like historical valuation, growth, and profitability. Listed on CBOE. FBUF 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 FBUF's key statistics?
Fidelity Dynamic Buffered Equity ETF (FBUF) carries a market capitalization of $25.7M, 52-week range of 29.62-33.91. 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 FBUF belong to?
Fidelity Dynamic Buffered Equity 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 FBUF'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 FBUF data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for FBUF, 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.