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TDEC · FT Vest Emerging Markets Buffer ETF - December

TDEC can gain 3.3% more before its cap and can fall 13.9% before its buffer engages. It resets in 105 days.

First Trust · Buffer desk · data as of

3.3%Can still gain
13.9%Fall before the buffer
10.0%Protection left, index points
105Days to reset

Where it sits today

EEM +27.9%floor −10.0%cap +19.8%

EEM has returned +27.9% since this period started on Dec 22, 2025, which puts TDEC above its cap. The buffer runs from +0.0% to −10.0% and the cap sits at +19.8%, both in EEM terms. Green is the buffered zone, amber is past the cap, red is loss below the floor.

Period by period

TDEC over each window to Sep 4, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowTotal returnEEMGap to EEM
3 months+6.9%+6.9%+0.0 pts
6 months+12.2%+20.5%−8.2 pts
1 year+20.6%+40.5%−19.9 pts

In plain words

The fund's own price can still drift up to about 3.3% as the period runs out. The fund's price can fall 13.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EEM can fall 21.8% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's EEM level. 105 days remained on Sep 4, 2026. On Dec 18, 2026 the period ends and a new cap is set.

TDEC (FT Vest Emerging Markets Buffer ETF - December), buffer desk fields as of Sep 4, 2026. Source: ETFIQ.
Reference indexEEM
Buffer
Outcome periodDec 22, 2025 to Dec 18, 2026
Starting cap+19.8%
EEM return since period start+27.9%
Fund return since period start+15.1%
Net assets (issuer page, as of Sep 4, 2026)$16m
Band state today (ETFIQ)At cap
Can still gain (issuer, fund price)3.3%
Fall before buffer (issuer, fund price)13.9%
Fall to the buffer in index terms (ETFIQ)21.8%
Protection left in index points (ETFIQ)10.0% of 10.0%
Days left in period105
Expense ratio0.95%

Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page. How this desk computes every figure

Questions people ask

How much can TDEC still gain?
Nothing more in index terms on Sep 4, 2026. EEM has already passed the cap of +19.8% for this period, which runs from Dec 22, 2025 to Dec 18, 2026.
How far can TDEC fall before the buffer helps?
13.9% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms EEM can fall 21.8% from that level before the buffer begins. Losses until that point are the holder's.
How much of the TDEC buffer is left?
10.0% of the 10.0% buffer sat below the EEM level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does TDEC reset?
The outcome period ends on Dec 18, 2026, 105 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
What does TDEC cost?
The prospectus expense ratio is 0.95% a year.

The words on this page

Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
Cap
The most the fund can return over the period, however far the index rises. It is the price paid for the buffer.
Outcome period
The window the buffer and cap apply over, usually a year. Both are set at the start and only hold if you are there for the whole of it.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and a fresh cap struck at that day’s level.
Protection left
The part of the buffer still below today’s index level. A buffer bought mid-period is not the full buffer; this is what is left of it.

Every term this desk uses, defined in full on the buffer desk vocabulary page.

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.

Funds near this one

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The outcome band for TDEC, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.

TDEC outcome band, ETFIQ

<a href="https://etfiq.com/funds/TDEC.html"><img src="https://etfiq.com/embed/buffer/TDEC.svg" alt="TDEC outcome band, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/TDEC.html">TDEC outcome band, updated daily by ETFIQ</a></p>
TDEC on the buffer desk, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Open TDEC on the live ETFIQ desk, where the figures update as the desk refreshes.

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

How this desk computes every figure · Standards and sources