# BUFS (FT Vest Laddered Small Cap Moderate Buffer ETF)

First Trust · Buffer ETFs · data as of Oct 9, 2026

As of Oct 9, 2026, BUFS's 4 sleeves can still gain 12.4% on average and can fall 5.6% before their buffers.

## Key facts

- BUFS, can still gain, weighted: 12.4%, as of Oct 9, 2026.
- BUFS, fall before the buffers, weighted: 5.6%, as of Oct 9, 2026.
- BUFS, protection left, weighted, index points: 13.3%, as of Oct 9, 2026.
- BUFS, days to the next reset: 42, as of Oct 9, 2026.
- BUFS, net assets: $162m on May 31, 2026 (N-PORT).
- BUFS, expense ratio: 1.01% (485BPOS XBRL, Dec 29, 2025).

## BUFS over each window to Oct 9, 2026

| Window | Total return | IWM price return | Gap to IWM |
| --- | --- | --- | --- |
| 3 months | −1.2% | −5.8% | +4.6 pts |
| 6 months | +4.7% | +6.8% | −2.1 pts |
| 1 year | +9.7% | +13.8% | −4.1 pts |
| Since launch | +24.1% | +36.7% | −12.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Kind | Laddered buffer ETF: a fund of 4 buffer ETFs | ETFIQ |
| Reference index | IWM | ETFIQ |
| Sleeves | SNOV, SFEB, SMAY, SAUG | ETFIQ |
| Sleeve outcome periods | about 12 months each, ending on 4 different dates | ETFIQ |
| Weights | its report for May 31, 2026 | N-PORT |
| Share of net assets in the sleeves ETFIQ reads | 99.91% | ETFIQ |
| Can still gain, weighted | 12.4% | ETFIQ |
| Fall before the buffers, weighted | 5.6% | ETFIQ |
| Protection left, weighted, index points | 13.3% | ETFIQ |
| Next sleeve to reset | SNOV on Nov 20, 2026, in 42 days | ETFIQ |
| Days left, weighted | 179 | ETFIQ |
| Net assets | $162m on May 31, 2026 | N-PORT |
| Expense ratio | 1.01% | 485BPOS XBRL, Dec 29, 2025 |
| Sleeve SNOV, 24.91% of net assets | IWM, period ends Nov 20, 2026, can still gain 2.6%, fall before buffer 13.5% | ETFIQ |
| Sleeve SFEB, 25.03% of net assets | IWM, period ends Feb 19, 2027, can still gain 10.6%, fall before buffer 5.9% | ETFIQ |
| Sleeve SMAY, 25.08% of net assets | IWM, period ends May 21, 2027, can still gain 15.9%, fall before buffer 2.9% | ETFIQ |
| Sleeve SAUG, 24.89% of net assets | IWM, period ends Aug 20, 2027, can still gain 20.6%, fall before buffer 0.0% | ETFIQ |

## Questions

### What does BUFS hold?

BUFS holds 4 buffer ETFs: SNOV, SFEB, SMAY, SAUG. Its N-PORT for May 31, 2026 puts 99.9% of its net assets in them.

### How much can BUFS still gain?

Weighted by its N-PORT, BUFS's sleeves can still gain 12.4% as of Oct 9, 2026, each sleeve's issuer figure in fund-price terms.

### When does BUFS reset?

BUFS itself does not reset. Each sleeve resets on its own date; the next is SNOV on Nov 20, 2026, in 42 days.


## Cite this page

ETFIQ, BUFS, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bufs
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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