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FT Vest U.S. Equity Deep Buffer ETF - December (DDEC)

Defined Outcome | Exchange Traded Fund | Cboe US
46.15 USD

Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:23 p.m. EDT

DDEC is a deep buffer ETF (DDEC) that offers edgeless upside potential and total downside protection, but its yield history is non-existent, making it irrelevant for dividend seekers. The recent price action shows a strong upward trend driven by recent macro tailwinds and market recovery, with prices push to 46.19 which is near 52-week highs. However, forecasting model stats reveal extremely high heteroscedasticity (H-Stat: 13.37) and significant autocorrelation in price residuals, indicating that short-term technical signals are unreliable for strategic entry/exit points. The low predicted directional change (0.27%) and lack of real-time signals suggest that momentum will likely be followed by a mean-reversion or stagnation in the next 45 days. For long-term investors, the lack of dividends and the complexity of structured buffers make it a niche product that should only be considered for specific market opportunities, but not as a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.017528
MSTL0.025959
AutoETS0.026000
AutoARIMA0.026077

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 13.37
Ljung-Box p 0.000
Jarque-Bera p 0.130
Excess Kurtosis -0.54
Attribute Value
Trailing P/E 26.79

Info Dump

Attribute Value
All Time High 46.21
All Time Low 29.569
Ask 46.16
Ask Size 100
Average Daily Volume10 Day 25,560
Average Daily Volume3 Month 17,409
Average Volume 17,409
Average Volume10Days 25,560
Beta3 Year 0.49
Bid 46.11
Bid Size 100
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 46.187
Day Low 46.15
Dividend Yield 0.0
Eps Trailing Twelve Months 1.722492
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 44.96402
Fifty Day Average Change 1.1859818
Fifty Day Average Change Percent 0.02637624
Fifty Two Week Change Percent 20.900131
Fifty Two Week High 46.21
Fifty Two Week High Change -0.05999756
Fifty Two Week High Change Percent -0.0012983674
Fifty Two Week Low 37.84
Fifty Two Week Low Change 8.310001
Fifty Two Week Low Change Percent 0.21960892
Fifty Two Week Range 37.84 - 46.21
First Trade Date Milliseconds 1,608,561,000,000
Five Year Average Return 0.0794419
Full Exchange Name Cboe US
Fund Family First Trust
Fund Inception Date 1,608,249,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange® Options ("FLEX Options") that reference the price performance of the SPDR® S&P 500® ETF Trust (the "Underlying ETF"). FLEX Options are customized equity or index option contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. The fund is non-diversified.
Long Name FT Vest U.S. Equity Deep Buffer ETF - December
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_689506622
Nav Price 46.15
Net Assets 405,421,184.0
Net Expense Ratio 0.85
Open 46.187
Previous Close 46.15
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 46.187
Regular Market Day Low 46.15
Regular Market Day Range 46.15 - 46.187
Regular Market Open 46.187
Regular Market Previous Close 46.15
Regular Market Price 46.15
Regular Market Time 1,776,782,721
Regular Market Volume 1,026
Short Name FT Vest U.S. Equity Deep Buffer
Source Interval 15
Symbol DDEC
Three Year Average Return 0.1276517
Total Assets 405,421,184
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.792578
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.90899
Trailing Three Month Returns -1.90899
Triggerable 1
Two Hundred Day Average 44.10558
Two Hundred Day Average Change 2.0444221
Two Hundred Day Average Change Percent 0.046352915
Type Disp ETF
Volume 1,026
Yield 0.0
Ytd Return -1.90899