(FDEC) Exchange-Traded Fund VIII - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US33740U5056

Etf: FLEX Options, S&P 500, ETF, Buffer

Total Rating 43
Risk 64
Buy Signal 0.62
Risk 5d forecast
Volatility 11.0%
Relative Tail Risk 2.18%
Reward TTM
Sharpe Ratio 0.71
Alpha 1.74
Character TTM
Beta 0.646
Beta Downside 0.681
Drawdowns 3y
Max DD 13.04%
CAGR/Max DD 1.21

Description: FDEC Exchange-Traded Fund VIII January 20, 2026

First Trust FT Cboe Vest U.S. Equity Buffer ETF (BATS:FDEC) is a “Defined Outcome” ETF that allocates virtually all of its capital to customized FLEX options on the SPDR S&P 500 ETF, allowing the manager to set strike levels, option style, and expiration dates. Because the fund is non-diversified, its performance is tightly linked to the price path of the underlying S&P 500 index and to the pricing dynamics of those bespoke options.

Key metrics to watch: the fund’s expense ratio sits at roughly 0.55% p.a., its assets under management were about $150 million as of the latest filing, and the average implied volatility of the selected FLEX contracts has hovered near 18%-20% in the past quarter-significantly below the VIX’s 25%-30% range, reflecting a more conservative buffer structure. Economic drivers that will influence outcomes include the Fed’s policy stance on interest rates (which impacts equity valuations) and corporate earnings momentum in the S&P 500’s top-weighted sectors (technology and consumer discretionary). A sudden spike in market volatility could erode the buffer’s protection and compress the upside potential.

For a deeper, data-driven look at how FDEC’s option-based buffer behaves across market regimes, you might explore the analytics on ValueRay.

What is the price of FDEC shares?

As of February 08, 2026, the stock is trading at USD 51.62 with a total of 20,549 shares traded.
Over the past week, the price has changed by +0.16%, over one month by +0.14%, over three months by +4.30% and over the past year by +13.05%.

Is FDEC a buy, sell or hold?

Exchange-Traded Fund VIII has no consensus analysts rating.

What are the forecasts/targets for the FDEC price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 58.7 13.7%

FDEC Fundamental Data Overview February 02, 2026

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 = 1.27b USD (1.27b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.27b)
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 1.27b / 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 = 8.30% (E(1.27b)/V(1.27b) * Re(8.30%) + (debt-free company))
Discount Rate = 8.30% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FDEC ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle