Investment Objectives and Goals - FT Vest U.S. Equity Buffer ETF - June |
Aug. 31, 2024 |
|---|---|
| Prospectus [Line Items] | |
| Risk/Return [Heading] | <span style="color:#000000;font-family:Arial;font-size:12.60pt;font-weight:bold;">FT Vest U.S. Equity Buffer ETF </span><span style="color:#000000;font-family:Arial;font-size:12.60pt;font-weight:bold;margin-left:3.5pt;">– June (FJUN)</span> |
| Objective [Heading] | <span style="color:#000000;font-family:Arial;font-size:9.90pt;font-weight:bold;">Investment Objective</span> |
| Objective, Primary [Text Block] | The investment objective of the FT Vest U.S. Equity Buffer ETF – June (the “Fund”) is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR® S&P 500® ETF Trust (the “Underlying ETF”), up to a predetermined upside cap of 15.14% while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from June 23, 2025 through June 18, 2026. |