BUFQ expense ratio history

FT Vest Laddered Nasdaq Buffer ETF

Fund company: First Trust
Type: ETF

Expense ratio: 1.00%

In basis points: 100 basis points
Yearly cost per $10,000: $100
Prospectus dated: 2 January 2026, filed with the SEC; rounded to 0.01%
Last change: Cut from 1.10% on 2 January 2026

Fee over time

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

Date	Fee	What happened
2 Jan 2026	1.00%	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	1.00%	Cut from 1.10% to 1.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-12-29
2 Jan 2025	1.10%	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	1.10%	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	1.10%	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
14 Jun 2022	1.10%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-06-14 (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 1.00% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

Amount invested ($)

Years

Yearly return (%)

Compare with

$1,229 in fees over 10 years

After fees, $10,000 grows to $14,767.

Fees paid on $10,000 at 5% a year
After	Fees paid
1 year	$102
3 years	$320
5 years	$555
10 years	$1,229

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 2022. Each one is listed above with a link to the filing.

How we read fees

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