FT Vest U.S. Equity Enhance & Moderate Buffer ETF - October (XOCT)

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF - October (XOCT) 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 specific holdings period. The actively managed fund holds options and collateral. XOCT was launched on Oct 20, 2023 and is issued by First Trust.