{
 "ticker": "BFEW",
 "name": "FT Vest Laddered U.S. Equity Equal Weight Buffer ETF",
 "issuer": "First Trust",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/bfew",
 "html": "https://etfiq.com/funds/bfew",
 "markdown": "https://etfiq.com/funds/bfew.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, BFEW's 4 sleeves can still gain 9.6% on average and can fall 5.7% before their buffers.",
 "key_facts": [
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "9.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFEW, can still gain, weighted: 9.6%, as of Oct 9, 2026."
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "5.7%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFEW, fall before the buffers, weighted: 5.7%, as of Oct 9, 2026."
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "10.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFEW, protection left, weighted, index points: 10.0%, as of Oct 9, 2026."
  },
  {
   "key": "days_to_the_next_reset",
   "label": "Days to the next reset",
   "value": "70",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFEW, days to the next reset: 70, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m on May 31, 2026",
   "source": "N-PORT",
   "as_of": "2026-10-09",
   "sentence": "BFEW, net assets: $1m on May 31, 2026 (N-PORT)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 28, 2026",
   "as_of": "2026-10-09",
   "sentence": "BFEW, expense ratio: 0.95% (485BPOS XBRL, Sep 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "kind",
   "label": "Kind",
   "value": "Laddered buffer ETF: a fund of 4 buffer ETFs",
   "source": null
  },
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "RSP",
   "source": null
  },
  {
   "key": "sleeves",
   "label": "Sleeves",
   "value": "RSDE, RSMR, RSJN, RSSE",
   "source": null
  },
  {
   "key": "sleeve_outcome_periods",
   "label": "Sleeve outcome periods",
   "value": "about 12 months each, ending on 4 different dates",
   "source": null
  },
  {
   "key": "weights",
   "label": "Weights",
   "value": "its report for May 31, 2026",
   "source": "N-PORT"
  },
  {
   "key": "share_of_net_assets_in_the_sleeves_etfiq_reads",
   "label": "Share of net assets in the sleeves ETFIQ reads",
   "value": "100.00%",
   "source": null
  },
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "9.6%",
   "source": "ETFIQ"
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "5.7%",
   "source": "ETFIQ"
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "10.0%",
   "source": "ETFIQ"
  },
  {
   "key": "next_sleeve_to_reset",
   "label": "Next sleeve to reset",
   "value": "RSDE on Dec 18, 2026, in 70 days",
   "source": null
  },
  {
   "key": "days_left_weighted",
   "label": "Days left, weighted",
   "value": "206",
   "source": "ETFIQ"
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m on May 31, 2026",
   "source": "N-PORT"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 28, 2026"
  },
  {
   "key": "sleeve_rsde_24_98_of_net_assets",
   "label": "Sleeve RSDE, 24.98% of net assets",
   "value": "RSP, period ends Dec 18, 2026, can still gain 4.3%, fall before buffer 9.2%",
   "source": null
  },
  {
   "key": "sleeve_rsmr_24_96_of_net_assets",
   "label": "Sleeve RSMR, 24.96% of net assets",
   "value": "RSP, period ends Mar 19, 2027, can still gain 6.7%, fall before buffer 9.6%",
   "source": null
  },
  {
   "key": "sleeve_rsjn_24_98_of_net_assets",
   "label": "Sleeve RSJN, 24.98% of net assets",
   "value": "RSP, period ends Jun 17, 2027, can still gain 12.5%, fall before buffer 2.5%",
   "source": null
  },
  {
   "key": "sleeve_rsse_25_07_of_net_assets",
   "label": "Sleeve RSSE, 25.07% of net assets",
   "value": "RSP, period ends Sep 17, 2027, can still gain 15.1%, fall before buffer 1.4%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+1.0%",
   "RSP price return": "\u22120.6%",
   "Gap to RSP": "+1.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+7.0%",
   "RSP price return": "+8.3%",
   "Gap to RSP": "\u22121.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+6.8%",
   "RSP price return": "+7.6%",
   "Gap to RSP": "\u22120.9 pts"
  }
 ],
 "questions": [
  {
   "q": "What does BFEW hold?",
   "a": "BFEW holds 4 buffer ETFs: RSDE, RSMR, RSJN, RSSE. Its N-PORT for May 31, 2026 puts 100.0% of its net assets in them."
  },
  {
   "q": "How much can BFEW still gain?",
   "a": "Weighted by its N-PORT, BFEW's sleeves can still gain 9.6% as of Oct 9, 2026, each sleeve's issuer figure in fund-price terms."
  },
  {
   "q": "When does BFEW reset?",
   "a": "BFEW itself does not reset. Each sleeve resets on its own date; the next is RSDE on Dec 18, 2026, in 70 days."
  }
 ],
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, BFEW, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bfew"
}