Expense Ratio History

BUFT expense ratio history

FT Vest Buffered Allocation Defensive ETF

Fund company
First Trust
Type
ETF

Expense ratio: 1.21%

In basis points
121 basis points
Yearly cost per $10,000
$121
Prospectus dated
2 January 2026, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.05% on 2 January 2026

Fee over time

BUFT expense ratio: 1.05% until 2 Jan 2026, then 1.21%; read at 1.21% on 2 Jan 2026.0.00%0.50%1.00%1.50%2.00%Oct 2021Jul 2022Apr 2023Jan 2024Oct 2024Jul 20251.05% before1.21% from 2 Jan 2026
BUFT expense ratio: 1.05% until 2 Jan 2026, then 1.21%; read at 1.21% on 2 Jan 2026.0.00%0.50%1.00%1.50%2.00%Oct 2021Apr 2023Oct 20241.05% before1.21% from 2 Jan 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
2 Jan 2026 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-01-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Jan 2026 1.21% Raised from 1.05% to 1.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-12-29
2 Jan 2025 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Jan 2024 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
3 Jan 2023 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-03 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
25 Oct 2021 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-10-25 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.21% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,473 in fees over 10 years

After fees, $10,000 grows to $14,464.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$124
3 years$386
5 years$669
10 years$1,473

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 5 prospectuses for this share class since 2021. Each one is listed above with a link to the filing.

How we read fees

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