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ETFs

FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - September

XISE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 15 2023
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
—
AUM
$5,990,059
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
2024-09-20 SPDR S&P 500 ETF Trust C 0.04
96.28%
n/a
2024-09-20 SPDR S&P 500 ETF Trust P 443.35
5.86%
n/a
US Dollar
0.87%
n/a
U.S. Treasury Bill 0% due 01/02/2024
0.61%
n/a
U.S. Treasury Bill 0% due 10/31/2023
0.61%
n/a
U.S. Treasury Bill 0% due 11/30/2023
0.61%
n/a
U.S. Treasury Bill 0% due 02/01/2024
0.60%
n/a
U.S. Treasury Bill 0% due 03/21/2024
0.60%
n/a
U.S. Treasury Bill 0% due 04/18/2024
0.60%
n/a
U.S. Treasury Bill 0% due 02/29/2024
0.60%
Invest with XISE

What is XISE?

The investment objective of the FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - September (the "Fund") is to seek to provide investors with a consistent level of income that, when annualized, is approximately 8.19% (before fees and expenses) while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from September 18, 2023 through September 20, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Underlying ETF and short-term (one year or less) U.S. Treasury securities.

ETFs related toXISE

ETFs correlated to XISE include FTLS, SPSK, SYLD

XISE
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - September
FTLS
First Trust Exchange-Traded Fund III - First Trust Long/Short Equity ETF
SPSK
Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF
FNOV
First Trust Exchange-Traded Fund VIII - First Trust Cboe Vest U.S. Equity Buffer ETF - November
XLC
SSgA Active Trust - Communication Services Select Sector SPDR Fund
VOX
Vanguard Group, Inc. - Vanguard Communication Services ETF
XMVM
Invesco Capital Management LLC - Invesco S&P MidCap Value with Momentum ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
HLAL
Listed Funds Trust - Wahed FTSE USA Shariah ETF
BUFG
First Trust Portfolios L.P - FT Cboe Vest Buffered Allocation Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXISE

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with XISE using Composer

FAQ

XISE is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Buffer & Premium Income ETF - September (the "Fund") is to seek to provide investors with a consistent level of income that, when annualized, is approximately 8.19% (before fees and expenses) while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from September 18, 2023 through September 20, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Underlying ETF and short-term (one year or less) U.S. Treasury securities.

XISE tracks the SPDR S&P 500 ETF Trust.

No, XISE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XISE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XISE is %. This is the percent change in the value of XISE over the most recent 1-month period. The 3-month return on XISE is %. This is the percent change in the value of XISE over the most recent 3-month period.

ETFs similar to XISE include DAUG, FAUG, and FFEB.

ETFs correlated to XISE include FTLS, SPSK, and SYLD.

ETFs that are inversely correlated to XISE include BERZ, FNGD, and TECS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.