FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB)

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XFEB was launched on Feb 16, 2024 and is issued by First Trust.