(FOCT) Exchange-Traded Fund VIII - Overview
Etf: Options, S&P 500, Buffer
| Risk 5d forecast | |
|---|---|
| Volatility | 10.8% |
| Relative Tail Risk | 2.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.70 |
| Alpha | 1.59 |
| Character TTM | |
|---|---|
| Beta | 0.650 |
| Beta Downside | 0.672 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.06% |
| CAGR/Max DD | 0.96 |
Description: FOCT Exchange-Traded Fund VIII January 21, 2026
FOCT is a U.S.-based “Defined Outcome” ETF that allocates essentially all of its capital to customized FLEX options tied to the SPDR S&P 500 ETF (SPY). These contracts let the manager set specific strike prices, option styles, and expirations, creating a built-in buffer that caps upside while limiting downside under normal market conditions.
Key metrics (as of the latest filing) include an expense ratio of roughly 0.45%, total assets of about $150 million, and a 30-day implied volatility (VIX) of ~18%, which influences the cost and effectiveness of the buffer structure. Because the fund is non-diversified, its performance is highly correlated (≈ 0.95) with the underlying S&P 500 index.
Macro-driven factors that matter most are U.S. interest-rate expectations and earnings growth in the S&P 500’s largest sectors-technology, health care, and consumer discretionary. A tightening Fed policy tends to raise option premiums, potentially enhancing the buffer’s protection, while a slowdown in earnings could erode the upside capture.
For a deeper, data-driven look at how FOCT’s buffer behaves across market regimes, you might explore the analytics on ValueRay to see scenario-based performance projections.
What is the price of FOCT shares?
Over the past week, the price has changed by +0.10%, over one month by +0.11%, over three months by +2.79% and over the past year by +12.93%.
Is FOCT a buy, sell or hold?
What are the forecasts/targets for the FOCT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 55.1 | 11.5% |
FOCT Fundamental Data Overview February 02, 2026
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 = 1.11b USD (1.11b + (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 1.11b)
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 1.11b / 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 = 8.31% (E(1.11b)/V(1.11b) * Re(8.31%) + (debt-free company))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)