FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV) Dividend Yield, History & Forecast

FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $114M.

SNOV fund composition

SNOV holds 5 positions, with 0.0% of assets in its ten largest. It charges an expense ratio of 0.90%, and manages $117.1M.

Top 10 holdings

HoldingWeight
$USDUS Dollar0.00%
4IWM 261120C000023602026-11-20 iShares Russell 2000 ETF C 2.360.00%
4IWM 261120P002356002026-11-20 iShares Russell 2000 ETF P 235.600.00%

Sector allocation

Healthcare20.3%Financial Services17.6%Technology14.5%Industrials14.1%Consumer Cyclical9.2%Real Estate6.7%Energy5.5%Basic Materials4.3%Other7.6%

Frequently Asked Questions about FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV)

What does FT Vest U.S. Small Cap Moderate Buffer ETF - November invest in?
SNOV uses options in an effort to moderate losses on shares of iShares Russell 2000 ETF (ticker: IWM) over a one-year period, starting in November. The fund foregoes some upside return, as well as the dividend component of IWM because the options are written on the price (not total) return version of the shares, in exchange for preventing realization of the first 15% of the losses in IWM value. Should the shares of IWM decline greater than 15%, investors participate in the downside performance on a $1 for $1 basis. Shares must be held over a specific period to pursue the intended results. At...