DLAG FT Vest U.S. Equity Dual Directional Buffer ETF – August

About this ETF

FT Vest U.S. Equity Dual Directional Buffer ETF – August is an exchange-traded fund designed to provide structured investment outcomes linked to the U.S. equity market, specifically tracking the price movements of the SPDR S&P 500 ETF Trust. The ETF’s primary function is to offer investors the opportunity to capture gains both when the market rises, up to a capped level, and when the market experiences modest declines, by matching the absolute value of negative returns up to a defined inverse threshold over a twelve-month Target Outcome Period. Notably, it incorporates a 10% buffer against losses exceeding this threshold, aiming to reduce the impact of significant downturns and promote portfolio resilience during volatile conditions. This nuanced dual-directional structure differentiates it from traditional equity ETFs, as it seeks positive returns even in scenarios of modest market declines—within specified limits—while maintaining protection against deeper market losses. The ETF is part of a larger suite of outcome-oriented products designed for investors and financial professionals looking for greater clarity and control over portfolio risk in unpredictable markets. It is structured for indefinite holding periods, with outcome levels reset annually to align with prevailing market conditions, supporting strategic long-term portfolio management.