(BUFR) Cboe Vest Fund of Buffer s - Overview
ETF Category: Defined Outcome | Exchange: BATS (USA) | Market Cap: 8.479m USD | Total Return: 13.9% in 12m
Avg Trading Vol: 45.7M USD
Peers RS (IBD): 75.0
BUFR is an actively managed US exchange-traded fund (ETF) that invests in a laddered portfolio of twelve other ETFs. This fund of funds structure is common in the ETF industry, offering diversified exposure through a single investment.
The fund aims to provide exposure to the US large-cap equity market, specifically mirroring the price return of the SPDR S&P 500 ETF Trust (SPY) up to a cap. This strategy is known as defined outcome investing, which attempts to deliver a specific return profile over a set period.
BUFR also seeks to limit downside risk by providing a 10% buffer against SPY losses over a one-year period. This buffer strategy is a key feature of many structured products and buffer ETFs, offering protection against initial market declines.
For more detailed financial data and performance metrics on BUFR, ValueRay offers comprehensive analysis.
- S&P 500 performance dictates underlying ETF returns
- Buffer ETF caps limit upside potential
- Investor demand for downside protection drives inflows
- Management fees from underlying ETFs generate revenue
Over the past week, the price has changed by -0.03%, over one month by -1.71%, over three months by -1.05% and over the past year by +13.93%.
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