{
 "ticker": "BUFH",
 "name": "FT Vest Laddered Max Buffer ETF",
 "issuer": "First Trust",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/bufh",
 "html": "https://etfiq.com/funds/bufh",
 "markdown": "https://etfiq.com/funds/bufh.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, BUFH's 12 sleeves can still gain 3.2% on average and can fall 3.9% before their buffers.",
 "key_facts": [
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "3.2%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BUFH, can still gain, weighted: 3.2%, as of Oct 9, 2026."
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "3.9%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BUFH, fall before the buffers, weighted: 3.9%, as of Oct 9, 2026."
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "72.8%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BUFH, protection left, weighted, index points: 72.8%, as of Oct 9, 2026."
  },
  {
   "key": "days_to_the_next_reset",
   "label": "Days to the next reset",
   "value": "7",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BUFH, days to the next reset: 7, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$54m on May 31, 2026",
   "source": "N-PORT",
   "as_of": "2026-10-09",
   "sentence": "BUFH, net assets: $54m on May 31, 2026 (N-PORT)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.96%",
   "source": "485BPOS XBRL, Sep 28, 2026",
   "as_of": "2026-10-09",
   "sentence": "BUFH, expense ratio: 0.96% (485BPOS XBRL, Sep 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "kind",
   "label": "Kind",
   "value": "Laddered buffer ETF: a fund of 12 buffer ETFs",
   "source": null
  },
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "SPY",
   "source": null
  },
  {
   "key": "sleeves",
   "label": "Sleeves",
   "value": "OCTM, NOVM, DECM, JANM, FEBM, MARM, APXM, MAYM, JUNM, JULM, AUGM, SEPM",
   "source": null
  },
  {
   "key": "sleeve_outcome_periods",
   "label": "Sleeve outcome periods",
   "value": "about 12 months each, ending on 12 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": "99.97%",
   "source": null
  },
  {
   "key": "can_still_gain_weighted",
   "label": "Can still gain, weighted",
   "value": "3.2%",
   "source": "ETFIQ"
  },
  {
   "key": "fall_before_the_buffers_weighted",
   "label": "Fall before the buffers, weighted",
   "value": "3.9%",
   "source": "ETFIQ"
  },
  {
   "key": "protection_left_weighted_index_points",
   "label": "Protection left, weighted, index points",
   "value": "72.8%",
   "source": "ETFIQ"
  },
  {
   "key": "next_sleeve_to_reset",
   "label": "Next sleeve to reset",
   "value": "OCTM on Oct 16, 2026, in 7 days",
   "source": null
  },
  {
   "key": "days_left_weighted",
   "label": "Days left, weighted",
   "value": "176",
   "source": "ETFIQ"
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$54m on May 31, 2026",
   "source": "N-PORT"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.96%",
   "source": "485BPOS XBRL, Sep 28, 2026"
  },
  {
   "key": "sleeve_octm_8_38_of_net_assets",
   "label": "Sleeve OCTM, 8.38% of net assets",
   "value": "SPY, period ends Oct 16, 2026, can still gain 0.1%, fall before buffer 6.5%",
   "source": null
  },
  {
   "key": "sleeve_novm_8_34_of_net_assets",
   "label": "Sleeve NOVM, 8.34% of net assets",
   "value": "SPY, period ends Nov 20, 2026, can still gain 0.4%, fall before buffer 6.2%",
   "source": null
  },
  {
   "key": "sleeve_decm_8_37_of_net_assets",
   "label": "Sleeve DECM, 8.37% of net assets",
   "value": "SPY, period ends Dec 18, 2026, can still gain 1.1%, fall before buffer 5.6%",
   "source": null
  },
  {
   "key": "sleeve_janm_8_37_of_net_assets",
   "label": "Sleeve JANM, 8.37% of net assets",
   "value": "SPY, period ends Jan 15, 2027, can still gain 1.7%, fall before buffer 5.0%",
   "source": null
  },
  {
   "key": "sleeve_febm_8_35_of_net_assets",
   "label": "Sleeve FEBM, 8.35% of net assets",
   "value": "SPY, period ends Feb 19, 2027, can still gain 2.1%, fall before buffer 4.6%",
   "source": null
  },
  {
   "key": "sleeve_marm_8_30_of_net_assets",
   "label": "Sleeve MARM, 8.30% of net assets",
   "value": "SPY, period ends Mar 19, 2027, can still gain 2.1%, fall before buffer 4.7%",
   "source": null
  },
  {
   "key": "sleeve_apxm_8_23_of_net_assets",
   "label": "Sleeve APXM, 8.23% of net assets",
   "value": "SPY, period ends Apr 16, 2027, can still gain 3.2%, fall before buffer 3.6%",
   "source": null
  },
  {
   "key": "sleeve_maym_8_31_of_net_assets",
   "label": "Sleeve MAYM, 8.31% of net assets",
   "value": "SPY, period ends May 21, 2027, can still gain 4.2%, fall before buffer 2.7%",
   "source": null
  },
  {
   "key": "sleeve_junm_8_27_of_net_assets",
   "label": "Sleeve JUNM, 8.27% of net assets",
   "value": "SPY, period ends Jun 17, 2027, can still gain 4.9%, fall before buffer 2.3%",
   "source": null
  },
  {
   "key": "sleeve_julm_8_33_of_net_assets",
   "label": "Sleeve JULM, 8.33% of net assets",
   "value": "SPY, period ends Jul 16, 2027, can still gain 5.1%, fall before buffer 2.1%",
   "source": null
  },
  {
   "key": "sleeve_augm_8_36_of_net_assets",
   "label": "Sleeve AUGM, 8.36% of net assets",
   "value": "SPY, period ends Aug 20, 2027, can still gain 6.4%, fall before buffer 1.6%",
   "source": null
  },
  {
   "key": "sleeve_sepm_8_38_of_net_assets",
   "label": "Sleeve SEPM, 8.38% of net assets",
   "value": "SPY, period ends Sep 17, 2027, can still gain 6.8%, fall before buffer 1.5%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+1.5%",
   "SPY price return": "+3.1%",
   "Gap to SPY": "\u22121.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+3.6%",
   "SPY price return": "+14.6%",
   "Gap to SPY": "\u221211.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "+5.7%",
   "SPY price return": "+16.0%",
   "Gap to SPY": "\u221210.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+8.5%",
   "SPY price return": "+28.2%",
   "Gap to SPY": "\u221219.8 pts"
  }
 ],
 "questions": [
  {
   "q": "What does BUFH hold?",
   "a": "BUFH holds 12 buffer ETFs: OCTM, NOVM, DECM, JANM, FEBM, MARM, APXM, MAYM, JUNM, JULM, AUGM, SEPM. Its N-PORT for May 31, 2026 puts 100.0% of its net assets in them."
  },
  {
   "q": "How much can BUFH still gain?",
   "a": "Weighted by its N-PORT, BUFH's sleeves can still gain 3.2% as of Oct 9, 2026, each sleeve's issuer figure in fund-price terms."
  },
  {
   "q": "When does BUFH reset?",
   "a": "BUFH itself does not reset. Each sleeve resets on its own date; the next is OCTM on Oct 16, 2026, in 7 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, BUFH, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bufh"
}