# DAPR (FT Vest U.S. Equity Deep Buffer ETF - April)

First Trust · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, DAPR sits between its buffer and its cap, with SPY up 7.6% since the period began.

## Key facts

- DAPR, can still gain: 6.8%, as of Sep 11, 2026.
- DAPR, fall before the buffer: 9.6%, as of Sep 11, 2026.
- DAPR, protection left, index points: 25.0%, as of Sep 11, 2026.
- DAPR, days to reset: 217, as of Sep 11, 2026.
- DAPR, net assets: $321m (issuer page, as of Sep 11, 2026).
- DAPR, expense ratio: 0.85% (issuer page, Sep 11, 2026).

## DAPR over each window to Sep 11, 2026

| Window | Total return | SPY | Gap to SPY |
| --- | --- | --- | --- |
| 3 months | +2.3% | +3.3% | −1.0 pts |
| 6 months | +5.2% | +16.0% | −10.8 pts |
| 1 year | +7.9% | +17.5% | −9.6 pts |
| 3 years | +34.4% | +77.9% | −43.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 5% to 30% | ETFIQ |
| Outcome period | Apr 20, 2026 to Apr 16, 2027 | ETFIQ |
| Starting cap | +12.0% | ETFIQ |
| SPY return since period start | +7.6% | ETFIQ |
| Fund return since period start | +4.2% | ETFIQ |
| Net assets | $321m | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 6.8% | issuer, fund price |
| Fall before buffer | 9.6% | issuer, fund price |
| Fall to the buffer in index terms | 11.7% | ETFIQ |
| Protection left in index points | 25.0% of 25.0% | ETFIQ |
| Days left in period | 217 | ETFIQ |
| Expense ratio | 0.85% | issuer page, Sep 11, 2026 |

## Questions

### How much can DAPR still gain?

About 6.8% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +12.0%.

### How far can DAPR fall before the buffer helps?

9.6% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 11.7% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the DAPR buffer is left?

25.0% of the 25.0% buffer sat below the SPY level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does DAPR reset?

The outcome period ends on Apr 16, 2027, 217 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does DAPR cost?

The prospectus expense ratio is 0.85% a year.


## Cite this page

ETFIQ, DAPR, data as of Sep 11, 2026. https://etfiq.com/funds/dapr
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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