ETF Evaluator: FT Vest Laddered Intl Mod Buffr ETF () Follow This ETF

FT Vest Laddered Intl Mod Buffr ETF Overview

FT Vest Laddered Intl Mod Buffr ETF (BUFY) is an actively managed Nontraditional Equity Defined Outcome exchange-traded fund (ETF). First Trust launched the ETF in 2024.

The investment seeks to provide investors with capital appreciation. The fund seeks to achieve its investment objective by providing investors with international developed market equity exposure while attempting to limit downside risk through a laddered portfolio of FT Vest International Equity Moderate Buffer ETFs. The term "laddered portfolio" refers to the fund's investment in multiple Underlying ETFs that have target outcome period expiration dates which occur on a rolling, or periodic, basis. The fund is non-diversified.

About FT Vest Laddered Intl Mod Buffr ETF (BUFY)

There are 2 members of the management team with an average tenure of 1.71 years: Karan Sood (2024) and Trevor Lack (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

FT Vest Laddered Intl Mod Buffr ETF has 5 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

FT Vest Laddered Intl Mod Buffr ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. FT Vest Laddered Intl Mod Buffr ETF has 97.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.7% There is 97.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FT Vest Laddered Intl Mod Buffr ETF has 1.1% of the portfolio in cash.

Assets Under Management

The fund has $151 million in total assets, which is below the $183 million average for the Defined Outcome category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BUFY Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FT Vest Laddered Intl Mod Buffr ETF expense ratio is high compared to funds in the Defined Outcome category. FT Vest Laddered Intl Mod Buffr ETF has an expense ratio of 1.00%, which is 40% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. FT Vest Laddered Intl Mod Buffr ETF has a portfolio turnover rate of 1%, which indicates that it holds its assets around / 1.0 years. By way of comparison, the average portfolio turnover is 3% for the Defined Outcome category.

Recently, in the month of July 2026, FT Vest Laddered Intl Mod Buffr ETF returned 1.3%, which earned it a grade of A, as the Defined Outcome category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

FT Vest Laddered Intl Mod Buffr ETF has a trailing yield of 0.00%, which is below the 0.48% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

FT Vest Laddered Intl Mod Buffr ETF Grades

Year to date, the ETF has returned 6.7%, 0.9 percentage points better than the category, which translates into a grade of B. The fund has returned 13.5% over the past year (grade of B).

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