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Data as of . Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page.

FHDG · FT Vest U.S. Equity Quarterly Dynamic Buffer ETF

First Trust · Buffer desk

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From its price on Sep 4, 2026, the fund can gain about 3.2% more before it reaches its cap. The fund's price can fall 0.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.6% from today's level to the point where the buffer begins. Protection left, in index points: 7.5% of the 7.5% buffer still sits below today's SPY level. 77 days remained on Sep 4, 2026. On Nov 20, 2026 the period ends and a new cap is set.

FHDG (FT Vest U.S. Equity Quarterly Dynamic Buffer ETF), buffer desk fields as of Sep 4, 2026. Source: ETFIQ.
Reference indexSPY
Buffer
Outcome periodAug 24, 2026 to Nov 20, 2026
Starting cap+3.9%
SPY return since period start+0.6%
Fund return since period start+0.4%
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)3.2%
Fall before buffer (issuer, fund price)0.7%
Fall to the buffer in index terms (ETFIQ)0.6%
Protection left in index points (ETFIQ)7.5% of 7.5%
Days left in period77
Expense ratio0.85%

Questions people ask

How much can FHDG still gain?
About 3.2% from its price on Sep 4, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +3.9%.
How far can FHDG fall before the buffer helps?
0.7% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 0.6% from that level before the buffer begins. Losses until that point are the holder's.
How much of the FHDG buffer is left?
7.5% of the 7.5% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does FHDG reset?
The outcome period ends on Nov 20, 2026, 77 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
What does FHDG cost?
The prospectus expense ratio is 0.85% a year.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

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FHDG outcome band, ETFIQ

<a href="https://etfiq.com/funds/FHDG.html"><img src="https://etfiq.com/embed/buffer/FHDG.svg" alt="FHDG outcome band, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/FHDG.html">FHDG outcome band, updated daily by ETFIQ</a></p>

Cite this page. ETFIQ, FHDG on the buffer desk, data as of Sep 4, 2026. https://etfiq.com/funds/FHDG.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; sort orders and figures are stated arithmetic on published data. Standards · How to read this desk