FT Vest U.S. Equity Uncapped Accelerator ETF - April (UXAP)

The FT Vest U.S. Equity Uncapped Accelerator ETF - April (UXAP) is an exchange-traded fund that mostly invests in enhanced growth alternatives. The fund is an actively managed fund that charges 2%, on top of the expense ratio, in attempt to provide a potential rate of return that outperforms a US large cap equity ETF. Using one-year FLEX options, the fund constructs a call spread combined with a deep-in-the-money long call. UXAP was launched on Apr 17, 2025 and is issued by First Trust.