# DGAP (FT Vest U.S. Equity Buffer & Digital Return ETF - April)

First Trust · Buffer ETFs · data as of Oct 20, 2026

From Apr 20, 2026 to Oct 20, 2026, DGAP returned 4.9%, against 8.5% for SPY.

## Key facts

- DGAP, buffer, by its prospectus: 10%, as of Oct 1, 2026.
- DGAP, return since listing: +4.9%, as of Oct 20, 2026.
- DGAP, expense ratio: 0.85% (485BPOS XBRL, Sep 28, 2026).

## DGAP over each window to Oct 20, 2026

| Window | Total return | SPY price return | Gap to SPY |
| --- | --- | --- | --- |
| 1 month | +0.6% | +1.0% | −0.3 pts |
| 3 months | +2.2% | +2.8% | −0.6 pts |
| 6 months | +5.0% | +9.2% | −4.2 pts |
| Since launch | +4.9% | +8.5% | −3.6 pts |

## DGAP key stats

- High since Apr 20, 2026, daily closes to Oct 20, 2026: $31.33 on Oct 12, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Apr 20, 2026, daily closes to Oct 20, 2026: $29.78 on Apr 23, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 20, 2026, within that range: $31.28, 97% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Kind | Digital return buffer ETF | ETFIQ |
| Reference | SPY (State Street SPDR S&P 500 ETF Trust) | ETFIQ |
| Outcome period | from Apr 20, 2026 to Apr 16, 2027 | prospectus |
| Buffer | the first 10% of losses in SPY | prospectus |
| Cap | not read by ETFIQ | prospectus |
| Upside | a fixed 9.1% return before fees | prospectus |
| Cap left, buffer left and days left | not read by ETFIQ | ETFIQ |
| First traded | Apr 20, 2026 | ETFIQ |
| Expense ratio | 0.85% | 485BPOS XBRL, Sep 28, 2026 |
| Prospectus | 497K filed Oct 1, 2026 | ETFIQ |

## Questions

### What does DGAP protect against?

Its prospectus says it buffers the first 10% of losses in SPY.

### Does DGAP have a cap?

Its prospectus prints no cap for its current period.

### When does DGAP reset?

Its prospectus sets its outcome from Apr 20, 2026 to Apr 16, 2027.


## Cite this page

ETFIQ, DGAP, buffer ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/dgap
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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