{
 "ticker": "DFII",
 "name": "FT Vest Bitcoin Strategy & Target Income ETF",
 "issuer": "First Trust",
 "desk": "income",
 "url": "https://etfiq.com/funds/dfii",
 "html": "https://etfiq.com/funds/dfii",
 "markdown": "https://etfiq.com/funds/dfii.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, DFII paid 11.5% in cash and still finished 1.5 points behind IBIT.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "11.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "DFII, cash paid, 1 year, on its starting price: 11.5%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221232.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "DFII, total return, 1 year: \u221232.5%, as of Sep 18, 2026."
  },
  {
   "key": "against_ibit",
   "label": "Against IBIT",
   "value": "\u22121.5 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "DFII, against IBIT: \u22121.5 pts, as of Sep 18, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "17.4%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "DFII, latest payout, annualized: 17.4%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "DFII, net assets: $21m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-18",
   "sentence": "DFII, expense ratio: 0.85% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Bitcoin (IBIT) (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "17.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "20.4%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 3, 2025",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "4.7%",
   "Price": "+18.1%",
   "Total return": "+23.6%",
   "IBIT": "+29.2%",
   "Ahead or behind": "\u22125.6 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "8.4%",
   "Price": "+1.0%",
   "Total return": "+10.5%",
   "IBIT": "+15.7%",
   "Ahead or behind": "\u22125.2 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "11.5%",
   "Price": "\u221243.7%",
   "Total return": "\u221232.5%",
   "IBIT": "\u221231.1%",
   "Ahead or behind": "\u22121.5 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "24.3%",
   "Price": "\u221227.0%",
   "Total return": "\u22125.6%",
   "IBIT": "\u22121.2%",
   "Ahead or behind": "\u22124.4 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has DFII paid over the last year?",
   "a": "Over the year to Sep 18, 2026, DFII paid 11.5% of its starting price in cash distributions, while the price fell 43.7%."
  },
  {
   "q": "Is DFII ahead of IBIT?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, DFII returned \u221232.5% against \u221231.1% for Bitcoin (IBIT), so a holder was behind it by 1.5 points."
  },
  {
   "q": "How often does DFII pay, and how much?",
   "a": "DFII pays monthly. The latest distribution annualizes to 17.4% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "What does DFII cost?",
   "a": "The prospectus expense ratio is 0.85% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}