ETFIQetfiq.com · independent ETF data
BUFD FT Vest Laddered Deep Buffer ETF
As of Oct 9, 2026, BUFD's 12 sleeves can still gain 5.8% on average and can fall 11.1% before their buffers.
5.8%
Can still gain, weighted
11.1%
Fall before the buffers, weighted
25.0%
Protection left, weighted, index points
7
Days to the next reset
Get the weekly ETF note
Four ranked ETF lists in one email every Friday morning. Free, with no recommendations. The last note
| Window | Total return | SPY price return | Gap to SPY |
|---|---|---|---|
| 3M | +2.4% | +3.1% | −0.7 pts |
| 6M | +7.3% | +14.6% | −7.3 pts |
| 1Y | +10.7% | +16.0% | −5.3 pts |
| 3Y | +42.4% | +79.2% | −36.8 pts |
| Since launch | +52.3% | +102.6% | −50.4 pts |
SPY's column is its price return, dividends left out: the basis the outcome period uses. Source: ETFIQ.
In plain words
KindLaddered buffer ETF: a fund of 12 buffer ETFs
Reference indexSPY
SleevesDOCT, DNOV, DDEC, DJAN, DFEB, DMAR, DAPR, DMAY, DJUN, DJUL, DAUG, DSEP
Sleeve outcome periodsabout 12 months each, ending on 12 different dates
Weights (N-PORT)its report for May 31, 2026
Share of net assets in the sleeves ETFIQ reads99.90%
Can still gain, weighted (ETFIQ)5.8%
Fall before the buffers, weighted (ETFIQ)11.1%
Protection left, weighted, index points (ETFIQ)25.0%
Next sleeve to resetDOCT on Oct 16, 2026, in 7 days
Days left, weighted (ETFIQ)176
Net assets (N-PORT)$1.9bn on May 31, 2026
Expense ratio (485BPOS XBRL, Dec 29, 2025)0.95%
Sleeve DOCT, 8.33% of net assetsSPY, period ends Oct 16, 2026, can still gain 0.0%, fall before buffer 15.1%
Sleeve DNOV, 8.33% of net assetsSPY, period ends Nov 20, 2026, can still gain 0.8%, fall before buffer 15.3%
Sleeve DDEC, 8.33% of net assetsSPY, period ends Dec 18, 2026, can still gain 1.9%, fall before buffer 13.7%
Sleeve DJAN, 8.32% of net assetsSPY, period ends Jan 15, 2027, can still gain 2.8%, fall before buffer 12.6%
Sleeve DFEB, 8.33% of net assetsSPY, period ends Feb 19, 2027, can still gain 3.5%, fall before buffer 12.2%
Sleeve DMAR, 8.31% of net assetsSPY, period ends Mar 19, 2027, can still gain 3.2%, fall before buffer 13.4%
Sleeve DAPR, 8.32% of net assetsSPY, period ends Apr 16, 2027, can still gain 5.6%, fall before buffer 10.6%
Sleeve DMAY, 8.36% of net assetsSPY, period ends May 21, 2027, can still gain 8.6%, fall before buffer 9.3%
Sleeve DJUN, 8.28% of net assetsSPY, period ends Jun 17, 2027, can still gain 9.6%, fall before buffer 8.5%
Sleeve DJUL, 8.31% of net assetsSPY, period ends Jul 16, 2027, can still gain 9.6%, fall before buffer 8.5%
Sleeve DAUG, 8.33% of net assetsSPY, period ends Aug 20, 2027, can still gain 11.6%, fall before buffer 7.0%
Sleeve DSEP, 8.34% of net assetsSPY, period ends Sep 17, 2027, can still gain 12.3%, fall before buffer 7.0%
How this is computed
Sleeve figures are each issuer’s own, as of the date shown; weights are the fund’s N-PORT; weighted figures are ETFIQ calculations, marked. How these figures are computed
Questions people ask about BUFD
- What does BUFD hold?
- BUFD holds 12 buffer ETFs: DOCT, DNOV, DDEC, DJAN, DFEB, DMAR, DAPR, DMAY, DJUN, DJUL, DAUG, DSEP. Its N-PORT for May 31, 2026 puts 99.9% of its net assets in them.
- How much can BUFD still gain?
- Weighted by its N-PORT, BUFD's sleeves can still gain 5.8% as of Oct 9, 2026, each sleeve's issuer figure in fund-price terms.
- When does BUFD reset?
- BUFD itself does not reset. Each sleeve resets on its own date; the next is DOCT on Oct 16, 2026, in 7 days.
Sources and dates
Prices, BUFD and SPY price returnTiingo end-of-day · Oct 9, 2026
Fee, 0.95%Prospectus fee filing on SEC EDGAR ↗
Net assets, $1.9bn on May 31, 2026SEC N-PORT
All fund filingsBUFD N-PORT for May 31, 2026 on SEC EDGAR ↗
IssuerFirst Trust website ↗
ETFIQ links to the documents behind every figure; a link is not an endorsement.
Cite this page
ETFIQ, BUFD, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bufd
ETFIQ. (Oct 9, 2026). BUFD, buffer ETFs. Retrieved from https://etfiq.com/funds/bufd
[BUFD, buffer ETFs (ETFIQ, Oct 9, 2026)](https://etfiq.com/funds/bufd)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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.
The most the fund can return over the period if held from the first day to the last. Quoted gross and net of fees. Set by the option market on day one, so the same fund can have a different cap each year.
The window, usually twelve months and sometimes six or three, over which the buffer and, where there is one, the cap apply. On its last day the options expire, the fund resets, and fresh terms are struck from that day’s option prices.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and fresh terms struck at that day’s level.
How much of the buffer still sits below today’s index level. All of it when the index is above its starting level; less once the index is inside the buffer range.
BUFD, Buffer ETFs, ETFIQ, data as of Oct 9, 2026. Every figure is calculated from 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.