(FDEC) First Trust Exchange-Traded - Ratings and Ratios
FLEX Options, S&P 500, ETF, Equity Buffer
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 7.11% |
| Value at Risk 5%th | 12.0% |
| Relative Tail Risk | 2.45% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.80 |
| Alpha | 0.98 |
| CAGR/Max DD | 1.34 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.441 |
| Beta | 0.642 |
| Beta Downside | 0.690 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.04% |
| Mean DD | 1.15% |
| Median DD | 0.34% |
Description: FDEC First Trust Exchange-Traded November 17, 2025
First Trust Exchange-Traded Fund VIII – FT Cboe Vest U.S. Equity Buffer ETF (BATS:FDEC) is a “Defined Outcome” ETF that, under normal market conditions, allocates virtually all of its capital to customized FLEX Options linked to the SPDR S&P 500 ETF (SPY). These options let the fund set bespoke strike prices, exercise styles, and expirations, enabling a predefined upside buffer (e.g., +8 %) while capping downside losses (e.g., -15 %). Because the strategy relies on a single underlying index and non-standard contracts, the fund is classified as non-diversified.
Key quantitative points (as of Q3 2024) include an expense ratio of 0.55 %, assets under management of roughly $250 million, and an implied volatility level for the SPY ≈ 15 %-a factor that directly influences the cost and effectiveness of the buffer. The fund’s performance is sensitive to macro drivers of the S&P 500, such as U.S. GDP growth, Federal Reserve policy on interest rates, and corporate earnings trends, which together shape the underlying index’s trajectory and the pricing of the FLEX contracts.
If you want a data-rich, side-by-side comparison of FDEC’s risk-return profile against other buffer ETFs, ValueRay’s analytics platform offers a convenient starting point for deeper research.
What is the price of FDEC shares?
Over the past week, the price has changed by +0.99%, over one month by +3.05%, over three months by +4.11% and over the past year by +13.86%.
Is FDEC a buy, sell or hold?
What are the forecasts/targets for the FDEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 58.8 | 14.8% |
FDEC Fundamental Data Overview December 23, 2025
Beta = 0.69
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.14b USD (1.14b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.14b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.14b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.38% (E(1.14b)/V(1.14b) * Re(8.38%) + (debt-free company))
Discount Rate = 8.38% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FDEC ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle