DLAGFT Vest U.S. Equity Dual Directional Buffer ETF - August
Issuer: First Trust· Type: ETF
Positioning: Neutral
Underlying exposure
S&P 500 equity exposure linked to the State Street SPDR S&P 500 ETF Trust (SPY) through FLEX options.
Strategy brief
Uses FLEX options to seek SPY gains up to a cap or inverse participation in losses up to a threshold, while buffering a portion of deeper losses over an approximately one-year outcome period.
Latest close
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Latest distribution
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Estimated forward yield
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Listed date
2025-09-19
Expense ratio
0.85%
Payout frequency
Annual