TDEC utilizes FLEX options to track the price returns of the iShares MSCI Emerging Markets ETF, with an upside cap of 16.25% and a buffer against the first 10% of losses over a one-year period, starting in December. For each target outcome period, the cap and buffer are reset according to prevailing market conditions. If TDEC cannot provide the specified 10% buffer against losses or achieve the 16.25% cap, adjustments between cap and buffer will be made to align as closely as possible to these targets. Holding shares for the complete period is essential to achieve the target outcomes.

Technology

Financial Services

Consumer Cyclical

Communication Services

Industrials

Basic Materials

Energy

Healthcare

Consumer Defensive

Utilities

First Trust Exchange-Traded Fund VIII - FT Vest Emerging Markets Buffer ETF - December

TDEC Holdings & Sector Breakdown