# XVAP (FT Vest AAPL & Target Income ETF)

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

Since its launch on Aug 19, 2026, XVAP paid no cash and finished 0.6 points behind AAPL.

## Key facts

- XVAP, cash paid, since launch, on its starting price: 0.0%, as of Sep 11, 2026.
- XVAP, total return, since launch: +4.3%, as of Sep 11, 2026.
- XVAP, against AAPL: −0.6 pts, as of Sep 11, 2026.
- XVAP, net assets: $2m (issuer page, as of Sep 11, 2026).
- XVAP, expense ratio: 0.85% (485BPOS XBRL, Aug 12, 2026).
- XVAP, benchmark: Apple (AAPL), as of Sep 11, 2026.

## XVAP over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | AAPL | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| Since launch | 0.0% | +4.3% | +4.3% | +4.9% | −0.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Apple (AAPL) | ETFIQ |
| Pays | not established | ETFIQ |
| Net assets | $2m | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | not published | ETFIQ |
| Expense ratio | 0.85% | 485BPOS XBRL, Aug 12, 2026 |
| Cash paid, last 12 months, over today’s price | 0.0% | ETFIQ |
| Launched | Aug 19, 2026 | ETFIQ |

## Questions

### How much has XVAP paid over the last year?

Over the period from its launch on Aug 19, 2026 to Sep 11, 2026, XVAP paid 0.0% of its starting price in cash distributions, while the price rose 4.3%.

### Is XVAP ahead of AAPL?

Over the period from its launch on Aug 19, 2026 to Sep 11, 2026, with every distribution reinvested, XVAP returned +4.3% against +4.9% for Apple (AAPL), so a holder was behind it by 0.6 points.

### What does XVAP cost?

The prospectus expense ratio is 0.85% a year.


## Cite this page

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

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