The exchange-traded fund (ETF) has been listed on Cboe BZX Exchange and charges an annual fee of 0.85%.
Illinois-based First Trust Portfolios (First Trust) has further expanded its product lineup with the launch of the FT Vest US Equity Dual Directional Buffer ETF - February (DLFE). The ETF also seeks to provide a 10% buffer against losses The product tracks the SPDR S&P 500 ETF Trust (SPY), as its underlying asset and comes with a target outcome period running from 23 February 2026 to 19 February 2027. DLFE is designed to provide returns that either match the price return of its un