AB Conservative Buffer ETF (BUFC)
AB Conservative Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Nashville, TN, US. The stock last traded at $43.27, up 0.05% on the session, giving a market capitalisation of $1.06B. Its beta of 0.26 implies it has historically moved less than the broad market.
The fund seeks to achieve its investment objective by investing, under normal conditions, substantially all of its assets in a combination of exchange-traded options contracts on an underlying ETF. The underlying ETF (initially expected to be the SPDR® S&P 500® ETF Trust) is an ETF that seeks to track the investment results of the S&P 500 Index, which measures the performance of the large-capitalization sector of the U.S. equity market, as determined by S&P Dow Jones Indices LLC. The fund is non-diversified.
AB Conservative Buffer ETF is most often compared with the following Financial Services names: