FT Vest US Small Cap Moderate Buffer ETF May (SMAY)

• Market cap: $100M
• 1 day: 0.08%
• 5 days: 0.37%
• 1 month: 2.65%
• 3 months: 8.59%
• 6 months: -0.77%
• Year to date: -1.65%
• 1 year: 4.41%
• 5 years: 20.68%
• 10 years: 20.68%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

4% less capital invested

Capital invested by funds: $38.2M [Q4 2024] → $36.7M (-$1.49M) [Q1 2025]

4.82% less ownership

Funds ownership: 53.15% [Q4 2024] → 48.32% (-4.82%) [Q1 2025]

5% less funds holding

Funds holding: 55 [Q4 2024] → 52 (-3) [Q1 2025]

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

50% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 22