FT Vest U.S. Small Cap Moderate Buffer ETF - February

FT Vest U.S. Small Cap Moderate Buffer ETF - February is an actively managed exchange-traded fund that seeks to provide exposure to U.S. small-cap equities through a defined-outcome options strategy. The fund is designed around the iShares Russell 2000 ETF, using FLEX options and collateral to target participation in some upside while limiting a portion of downside over a one-year outcome period. Its structure is intended to appeal to investors looking for small-cap market exposure with a buffered risk profile rather than direct stock selection. The ETF focuses on U.S. small-cap companies across a broad range of sectors represented in the Russell 2000 universe, making it a specialized tool within the equity ETF market. Managed by First Trust, FT Vest U.S. Small Cap Moderate Buffer ETF - February is part of the firm’s suite of buffer ETFs that use options-based strategies to shape return and loss profiles.