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FT Vest U.S. Equity Dual Directional Buffer ETF - February (DLFE)

Defined Outcome | Exchange Traded Fund | Cboe US
31.87 USD

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:44 a.m. EDT

This instrument is a specialized leveraged buffer ETF designed for short-term hedging, evidenced by its lack of dividend history and the specific 'February' expiration embedded in its name. Consequently, it offers no long-term investment thesis or income potential, resulting in a neutral-to-negative long-term outlook. In the short term, while the statistical forecast model indicates a high-confidence upward move of roughly 1.5%, the asset's extremely low liquidity (daily volume of 323 shares versus an average of 10,000) creates significant execution risk and slippage that outweighs the predictive signal. The price action shows tight consolidation near the 52-week high, suggesting limited immediate upside beyond the buffer cap, making it unsuitable for standard directional trading.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.010235
MSTL0.014870
AutoETS0.017281
AutoARIMA0.017281

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 76%
H-stat 1.57
Ljung-Box p 0.000
Jarque-Bera p 0.598
Excess Kurtosis -0.31
Attribute Value
Trailing P/E 26.88

Info Dump

Attribute Value
All Time High 31.9
All Time Low 28.82
Ask 31.94
Ask Size 1,000
Average Daily Volume10 Day 4,620
Average Daily Volume3 Month 9,324
Average Volume 9,324
Average Volume10Days 4,620
Beta3 Year 0.0
Bid 31.88
Bid Size 1,100
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.89
Day Low 31.8202
Eps Trailing Twelve Months 1.1856369
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.5372
Fifty Day Average Change 0.32779884
Fifty Day Average Change Percent 0.010394038
Fifty Two Week Change Percent 5.6697607
Fifty Two Week High 31.9
Fifty Two Week High Change -0.034999847
Fifty Two Week High Change Percent -0.0010971739
Fifty Two Week Low 28.82
Fifty Two Week Low Change 3.045
Fifty Two Week Low Change Percent 0.1056558
Fifty Two Week Range 28.82 - 31.9
First Trade Date Milliseconds 1,771,857,000,000
Full Exchange Name Cboe US
Fund Family First Trust
Fund Inception Date 1,771,459,200
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 State Street® SPDR® S&P 500® ETF Trust ("SPY" or 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 Dual Directional Buffer ETF - February
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1962366455
Nav Price 31.87
Net Assets 65,007,408.0
Net Expense Ratio 0.85
Open 31.87
Previous Close 31.865
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 31.89
Regular Market Day Low 31.8202
Regular Market Day Range 31.8202 - 31.89
Regular Market Open 31.87
Regular Market Previous Close 31.865
Regular Market Price 31.865
Regular Market Time 1,784,123,163
Regular Market Volume 53
Short Name FT Vest U.S. Equity Dual Direct
Source Interval 15
Symbol DLFE
Total Assets 65,007,408
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.87585
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.7472
Trailing Three Month Returns 7.7472
Triggerable 1
Two Hundred Day Average 30.845102
Two Hundred Day Average Change 1.0198975
Two Hundred Day Average Change Percent 0.033065133
Type Disp ETF
Volume 53