DLFE FT Vest U.S. Equity Dual Directional Buffer ETF - February
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Since Feb 23, 2026, DLFE returned 7.8%, against SPY's 11.2% price return. It can gain 3.5% more before its cap.
Promise check: Not measuredNo outcome period of its has finished in ETFIQ's record (snapshots from Sep 4, 2026).
DLFE risk and return scorecard
vs SPY · Mar 2026 to Oct 2026 · 34 weekly returns · dividend-adjusted
34 weekly returns: annualized numbers and ratios need 52.
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Nov 3, 2026What you earned
Where does it stand in this outcome period?
Outcome period Feb 23, 2026 to Feb 19, 2027More on DLFE
Every number below is on this page. Open what you need.Price since launch, Feb 23, 2026
$32.71+0.8%1 day, priceClose, Nov 4, 2026
Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
Points (pts) are percentage points.
| Window | Total return | SPY price return | Gap to SPY |
|---|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | +0.2% | −1.0% | +1.2 pts |
| 3M Aug 5 – Nov 4, 2026 | +1.5% | −0.4% | +1.9 pts |
| 6M May 6 – Nov 4, 2026 | +4.4% | +4.5% | −0.1 pts |
| Since launch Feb 23 – Nov 4, 2026 | +8.4% | +12.4% | −4.0 pts |
Total returns, distributions reinvested. SPY's column is its price return, dividends left out: the basis the outcome period uses. Listed Feb 2026: no year to date, 1 year and 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
DLFE: reference +11.2% since period start, fund +7.8%; buffer 0 to −10; cap +12.4%; Between buffer and cap. Data to Nov 4, 2026.
Money in and out
Daily data · as of Nov 3, 2026DLFE: in the 22 trading days to Nov 3, 2026, net $10k came in.
Nov 3, 2026
Oct 28, 2026 to Nov 3, 2026
monthly, from SEC filings
DLFE, net flow each trading day over the 65 sessions from Aug 4, 2026 to Nov 3, 2026: money came in on 1 day and went out on 1 day, of the 21 days with daily data; the other 44 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 1. 44 days missing.
DLFE, net flow each trading day over the 251 sessions from Nov 4, 2025 to Nov 3, 2026: money came in on 1 day and went out on 1 day, of the 21 days with daily data; the other 230 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 1. 230 days missing.
DLFE, net flow each trading day over the 400 sessions from Apr 2, 2025 to Nov 3, 2026: money came in on 1 day and went out on 1 day, of the 21 days with daily data; the other 379 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 1. 379 days missing.
Daily data starts Oct 6, 2026.
How this is computed
Computed by ETFIQ from First Trust’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for DLFE, back to Dec 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare DLFE with other funds in the flows tool
Every trading day, last 3 months21 days
Most recent first.
Week by week, last year5 weeks
Net flow into DLFE each week, Oct 6, 2026 to Nov 3, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.
Month by month, money in and money outDec 2025 to Nov 2026
DLFE, money in and money out each month from Dec 2025 to Oct 2026: two bars a month, money in above the line and money out below. Bars for Dec 2025 to Aug 2026 are from DLFE’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Sep 2026 has no data. Nov 2026 is still in progress, so it is in the list and not drawn. Of the 11 months listed, money came in on net in 6 and went out in 1.
Bars for Dec 2025 to Aug 2026 are from DLFE’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Of the 11 months listed, money came in on net in 6 and went out in 1.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 3, 2026. Last checked Nov 5, 2026.
DLFE key stats
Trading
as of Nov 4, 2026
Liquid: trades at a typical spread of 0.18%, and its holdings can absorb $15bn a day.
DLFE for holders outside the US
About DLFE
How we measure
12 seats on DLFE, as of Nov 4, 2026: 1 Supports, 2 Challenges, 7 Not enough data, 2 Does not apply.
Questions people ask about DLFE
- How much can DLFE still gain?
- About 3.5% from its price on Nov 4, 2026, before it reaches its cap, by the issuer's published number. The cap for the period was set at +12.4%.
- How far can DLFE fall before the buffer helps?
- 8.0% in fund-price terms on Nov 4, 2026, by the issuer's number. In index terms SPY can fall 10.1% from that level before the buffer begins. Losses until that point are the holder's.
- How much of the DLFE buffer is left?
- 10.0% of the 10.0% buffer sat below the SPY level on Nov 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
- When does DLFE reset?
- The outcome period ends on Feb 19, 2027, 107 days from the data on Nov 4, 2026. A new cap is set the next day and the buffer starts again.
- What does DLFE cost?
- The prospectus expense ratio is 0.85% a year.
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Cite this pageCitation, APA and Markdown
ETFIQ, DLFE, buffer ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/dlfe
ETFIQ. (Nov 4, 2026). DLFE, buffer ETFs. Retrieved from https://etfiq.com/funds/dlfe
[DLFE, buffer ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/dlfe)
The outcome band for DLFE, redrawn every trading night.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/buffer/dlfe/" title="DLFE: DLFE: reference +11.2% since period start, fund +7.8%; buffer 0 to −10; cap +12.4%; Between buffer and cap. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">DLFE: DLFE: reference +11.2% since period start, fund +7.8%; buffer 0 to −10; cap +12.4%; Between buffer and cap. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/dlfe">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
Snapshot, Nov 4, 2026. More on the tabs above.