Shareholder Report
May 31, 2026
USD ($)
Holding
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - March | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 7.37% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 2.48 | % |
| Changes in other Variables | 5.75 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (March 26, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (3/26/24) |
| FT Vest U.S. Equity Max Buffer ETF - March | 7.37% | 7.63% |
| S&P 500® Index | 29.78% | 20.36% |
Visit www.ftportfolios.com/etf/MARM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $107,419,036 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $1,044,585 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.0% |
| Purchased Options | 114.5% |
| Written Options | (15.4%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/MARM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/MARM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Equal Weight Buffer ETF - June | $92 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 14.60% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Equal Weight Index, which returned 20.43% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 11.91 | % |
| Changes in other Variables | 3.55 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (June 21, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (6/21/24) |
| FT Vest U.S. Equity Equal Weight Buffer ETF - June | 14.60% | 10.61% |
| S&P 500® Equal Weight Index | 20.43% | 14.81% |
| S&P 500® Index | 29.78% | 19.85% |
Visit www.ftportfolios.com/etf/RSJN for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $18,328,858 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $199,980 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.4% |
| Purchased Options | 102.1% |
| Written Options | (2.4%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSJN or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSJN or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - June | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.02% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 3.14 | % |
| Changes in other Variables | 5.74 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (June 21, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (6/21/24) |
| FT Vest U.S. Equity Max Buffer ETF - June | 8.02% | 7.36% |
| S&P 500® Index | 29.78% | 19.85% |
Visit www.ftportfolios.com/etf/JUNM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $62,993,406 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $547,839 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.3% |
| Purchased Options | 118.9% |
| Written Options | (19.1%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JUNM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JUNM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - July | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 7.72% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.34 | % |
| Changes in other Variables | 4.24 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (July 24, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (7/24/24) |
| FT Vest U.S. Equity Max Buffer ETF - July | 7.72% | 7.19% |
| S&P 500® Index | 29.78% | 21.31% |
Visit www.ftportfolios.com/etf/JULM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $24,992,949 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $220,366 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.4% |
| Purchased Options | 113.1% |
| Written Options | (13.4%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JULM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JULM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - August | $88 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.00% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.84 | % |
| Changes in other Variables | 4.01 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (August 16, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (8/16/24) |
| FT Vest U.S. Equity Max Buffer ETF - August | 8.00% | 6.86% |
| S&P 500® Index | 29.78% | 20.49% |
Visit www.ftportfolios.com/etf/AUGM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $32,330,442 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $264,923 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Purchased Options | 111.1% |
| Written Options | (11.6%) |
| Net Other Assets and Liabilities | 0.5% |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/AUGM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/AUGM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - September | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.05% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 5.42 | % |
| Changes in other Variables | 3.49 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (September 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (9/20/24) |
| FT Vest U.S. Equity Max Buffer ETF - September | 8.05% | 6.28% |
| S&P 500® Index | 29.78% | 19.79% |
Visit www.ftportfolios.com/etf/SEPM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $31,124,722 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $236,728 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.6% |
| Purchased Options | 108.6% |
| Written Options | (9.1%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/SEPM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/SEPM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Emerging Markets Buffer ETF - December | $109 | 0.97%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.95%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 24.29% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the MSCI Emerging Markets Index, which returned 54.31% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 22.15 | % |
| Changes in other Variables | 3.11 | % |
| Fees and Expenses | -0.97 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (December 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (12/20/24) |
| FT Vest Emerging Markets Buffer ETF - December | 24.29% | 20.61% |
| MSCI Emerging Markets Index | 54.31% | 43.46% |
Visit www.ftportfolios.com/etf/TDEC for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $10,460,324 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $65,595 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.9% |
| Purchased Options | 116.2% |
| Written Options | (17.0%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TDEC or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TDEC or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Emerging Markets Buffer ETF - March | $110 | 0.96%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.95%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 29.74% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the MSCI Emerging Markets Index, which returned 54.31% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 19.89 | % |
| Changes in other Variables | 10.81 | % |
| Fees and Expenses | -0.96 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (March 21, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (3/21/25) |
| FT Vest Emerging Markets Buffer ETF - March | 29.74% | 24.72% |
| MSCI Emerging Markets Index | 54.31% | 47.28% |
Visit www.ftportfolios.com/etf/TMAR for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $7,798,885 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $35,055 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.1% |
| Purchased Options | 111.6% |
| Written Options | (12.6%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TMAR or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TMAR or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Emerging Markets Buffer ETF - September | $107 | 0.95% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 24.63% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the MSCI Emerging Markets Index, which returned 54.31% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 27.43 | % |
| Changes in other Variables | -1.85 | % |
| Fees and Expenses | -0.95 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (September 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (9/20/24) |
| FT Vest Emerging Markets Buffer ETF - September | 24.63% | 16.35% |
| MSCI Emerging Markets Index | 54.31% | 33.65% |
Visit www.ftportfolios.com/etf/TSEP for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $16,807,752 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $92,151 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.7% |
| Purchased Options | 115.4% |
| Written Options | (16.0%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TSEP or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/TSEP or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Uncapped Accelerator ETF - January | $100 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 31.64% for the twelve months ended May 31, 2026. The Fund outperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This outperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 34.50 | % |
| Changes in other Variables | -2.00 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (January 17, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (1/17/25) |
| FT Vest U.S. Equity Uncapped Accelerator ETF - January | 31.64% | 20.44% |
| S&P 500® Index | 29.78% | 20.18% |
Visit www.ftportfolios.com/etf/UXJA for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $13,486,276 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $54,129 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.9% |
| Purchased Options | 110.8% |
| Written Options | (12.6%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXJA or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside rate of return on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXJA or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Uncapped Accelerator ETF - April | $99 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 31.24% for the twelve months ended May 31, 2026. The Fund outperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This outperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 34.27 | % |
| Changes in other Variables | -2.17 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (April 17, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (4/17/25) |
| FT Vest U.S. Equity Uncapped Accelerator ETF - April | 31.24% | 41.57% |
| S&P 500® Index | 29.78% | 39.71% |
Visit www.ftportfolios.com/etf/UXAP for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $8,704,083 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $69,558 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 2.6% |
| Purchased Options | 109.8% |
| Written Options | (12.3%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXAP or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside rate of return on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXAP or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Uncapped Accelerator ETF - October | $98 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 30.96% for the twelve months ended May 31, 2026. The Fund outperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This outperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 33.72 | % |
| Changes in other Variables | -1.91 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (October 18, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (10/18/24) |
| FT Vest U.S. Equity Uncapped Accelerator ETF - October | 30.96% | 17.99% |
| S&P 500® Index | 29.78% | 18.68% |
Visit www.ftportfolios.com/etf/UXOC for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $21,844,927 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $273,311 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.6% |
| Purchased Options | 112.5% |
| Written Options | (14.0%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXOC or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside rate of return on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/UXOC or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Equal Weight Buffer ETF - December | $91 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 13.90% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Equal Weight Index, which returned 20.43% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 13.66 | % |
| Changes in other Variables | 1.09 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (December 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (12/20/24) |
| FT Vest U.S. Equity Equal Weight Buffer ETF - December | 13.90% | 10.00% |
| S&P 500® Equal Weight Index | 20.43% | 14.43% |
| S&P 500® Index | 29.78% | 20.00% |
Visit www.ftportfolios.com/etf/RSDE for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $67,012,992 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $357,640 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.9% |
| Purchased Options | 102.9% |
| Written Options | (3.7%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSDE or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSDE or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Equal Weight Buffer ETF - March | $92 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 14.73% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Equal Weight Index, which returned 20.43% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 10.63 | % |
| Changes in other Variables | 4.96 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (March 21, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (3/21/25) |
| FT Vest U.S. Equity Equal Weight Buffer ETF - March | 14.73% | 13.08% |
| S&P 500® Equal Weight Index | 20.43% | 18.86% |
| S&P 500® Index | 29.78% | 29.11% |
Visit www.ftportfolios.com/etf/RSMR for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $10,510,815 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $62,622 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.9% |
| Purchased Options | 103.8% |
| Written Options | (4.7%) |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSMR or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSMR or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Equal Weight Buffer ETF - September | $92 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 14.00% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Equal Weight Index, which returned 20.43% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 13.54 | % |
| Changes in other Variables | 1.32 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (September 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (9/20/24) |
| FT Vest U.S. Equity Equal Weight Buffer ETF - September | 14.00% | 8.46% |
| S&P 500® Equal Weight Index | 20.43% | 12.17% |
| S&P 500® Index | 29.78% | 19.79% |
Visit www.ftportfolios.com/etf/RSSE for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $37,620,610 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $253,956 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.6% |
| Purchased Options | 101.8% |
| Written Options | (2.3%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSSE or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/RSSE or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - April | $88 | 0.86%(1) |
|
(1)
|
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%.
|
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 5.63% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 1.77 | % |
| Changes in other Variables | 4.72 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (April 17, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (4/17/25) |
| FT Vest U.S. Equity Max Buffer ETF - April | 5.63% | 6.66% |
| S&P 500® Index | 29.78% | 39.71% |
Visit www.ftportfolios.com/etf/APXM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $18,223,115 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $67,197 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
| Money Market Funds | 1.2% |
| Purchased Options | 107.4% |
| Written Options | (8.5%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/APXM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/APXM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - December | $90 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.30% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 5.16 | % |
| Changes in other Variables | 4.00 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (December 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (12/20/24) |
| FT Vest U.S. Equity Max Buffer ETF - December | 8.30% | 6.53% |
| S&P 500® Index | 29.78% | 20.00% |
Visit www.ftportfolios.com/etf/DECM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $53,895,820 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $368,399 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.8% |
| Purchased Options | 108.4% |
| Written Options | (9.1%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/DECM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/DECM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - February | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 7.88% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.51 | % |
| Changes in other Variables | 4.23 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (February 21, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (2/21/25) |
| FT Vest U.S. Equity Max Buffer ETF - February | 7.88% | 6.53% |
| S&P 500® Index | 29.78% | 21.48% |
Visit www.ftportfolios.com/etf/FEBM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $47,597,851 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $434,162 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.0% |
| Purchased Options | 108.8% |
| Written Options | (9.7%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/FEBM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/FEBM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - January | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.08% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 5.12 | % |
| Changes in other Variables | 3.82 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (January 17, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (1/17/25) |
| FT Vest U.S. Equity Max Buffer ETF - January | 8.08% | 6.42% |
| S&P 500® Index | 29.78% | 20.18% |
Visit www.ftportfolios.com/etf/JANM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $36,369,930 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $279,627 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.9% |
| Purchased Options | 107.8% |
| Written Options | (8.6%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JANM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/JANM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - May | $89 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 6.60% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 3.41 | % |
| Changes in other Variables | 4.05 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (May 16, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (5/16/25) |
| FT Vest U.S. Equity Max Buffer ETF - May | 6.60% | 6.36% |
| S&P 500® Index | 29.78% | 27.54% |
Visit www.ftportfolios.com/etf/MAYM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $35,417,087 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $160,579 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.3% |
| Purchased Options | 105.0% |
| Written Options | (6.2%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/MAYM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/MAYM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - November | $90 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.69% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.83 | % |
| Changes in other Variables | 4.72 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (November 15, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (11/15/24) |
| FT Vest U.S. Equity Max Buffer ETF - November | 8.69% | 6.70% |
| S&P 500® Index | 29.78% | 19.55% |
Visit www.ftportfolios.com/etf/NOVM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $27,771,668 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $201,699 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.7% |
| Purchased Options | 110.8% |
| Written Options | (11.4%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/NOVM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/NOVM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Max Buffer ETF - October | $90 | 0.86%(1) |
|
(1) |
Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.60% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 5.63 | % |
| Changes in other Variables | 3.83 | % |
| Fees and Expenses | -0.86 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (October 18, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (10/18/24) |
| FT Vest U.S. Equity Max Buffer ETF - October | 8.60% | 6.35% |
| S&P 500® Index | 29.78% | 18.68% |
Visit www.ftportfolios.com/etf/OCTM for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $31,899,424 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $246,190 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.6% |
| Purchased Options | 109.3% |
| Written Options | (9.8%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/OCTM or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of the new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/OCTM or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Quarterly Dynamic Buffer ETF | $92 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 16.72% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 10.71 | % |
| Changes in other Variables | 6.86 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (November 15, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (11/15/24) |
| FT Vest U.S. Equity Quarterly Dynamic Buffer ETF | 16.72% | 11.93% |
| S&P 500® Index | 29.78% | 19.55% |
Visit www.ftportfolios.com/etf/FHDG for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $65,218,943 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $562,387 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.1% |
| Purchased Options | 101.6% |
| Written Options | (2.6%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/FHDG or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of each new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/FHDG or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF | $92 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 15.45% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 11.69 | % |
| Changes in other Variables | 4.61 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (October 18, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (10/18/24) |
| FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF | 15.45% | 11.79% |
| S&P 500® Index | 29.78% | 18.68% |
Visit www.ftportfolios.com/etf/DHDG for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $143,763,141 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $505,380 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.0% |
| Purchased Options | 102.9% |
| Written Options | (3.8%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/DHDG or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap on Underlying ETF returns was reset based upon prevailing market conditions at the start of each new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/DHDG or upon request at 1-800-621-1675 or info@ftportfolios.com.
This report describes changes to the Fund that occurred during or after the reporting period.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Quarterly Max Buffer ETF | $89 | 0.85% |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.78% for the twelve months ended May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 29.78% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 6.01 | % |
| Changes in other Variables | 3.62 | % |
| Fees and Expenses | -0.85 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (December 20, 2024 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | 1 Year | Since Inception (12/20/24) |
| FT Vest U.S. Equity Quarterly Max Buffer ETF | 8.78% | 7.38% |
| S&P 500® Index | 29.78% | 20.00% |
Visit www.ftportfolios.com/etf/SQMX for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $45,144,109 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $185,840 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.0% |
| Purchased Options | 112.4% |
| Written Options | (13.3%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/SQMX or upon request at 1-800-621-1675 or info@ftportfolios.com.
During the fiscal year ended May 31, 2026, the Fund’s predetermined upside cap and downside buffer on Underlying ETF returns was reset based upon prevailing market conditions at the start of each new Target Outcome Period.
This is a summary of certain changes to the Fund since June 1, 2025. For more complete information, you may review the Fund’s prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/SQMX or upon request at 1-800-621-1675 or info@ftportfolios.com.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Emerging Markets Buffer ETF - June | $98(1) | 0.95%(2) |
|
(1) |
The Fund commenced investment operations on June 20, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 17.64% for the period from the Fund’s inception on June 20, 2025 through May 31, 2026. The Fund underperformed its benchmark, the MSCI Emerging Markets Index, which returned 49.77% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 17.89 | % |
| Changes in other Variables | 0.65 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.90 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (June 20, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (6/20/25) |
| FT Vest Emerging Markets Buffer ETF - June | 17.64% |
| MSCI Emerging Markets Index | 49.77% |
Visit www.ftportfolios.com/etf/TJUN for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $2,354,272 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $18,846 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.4% |
| Purchased Options | 124.2% |
| Written Options | (24.5%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Laddered Max Buffer ETF | $10(1) (2) | 0.10%(1) (3) |
|
(1) |
Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
|
(2) |
The Fund commenced investment operations on June 24, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(3) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 6.48% for the period from the Fund’s inception on June 24, 2025 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 25.81% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 3.66 | % |
| Changes in other Variables | 3.71 | % |
| Fees and Expenses (pro-rated annual expense ratio)** | -0.89 | % |
The Fund holds a portfolio that consists of a number of buffer funds, and thus is exposed to the combinations of FLexible EXchange® Options (“FLEX Options”) held by the funds in its portfolio.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the underlying buffer funds’ Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
** Includes any Acquired Fund Fees and Expenses of underlying investment companies in which the Fund invests.
FUND PERFORMANCE (June 24, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (6/24/25) |
| FT Vest Laddered Max Buffer ETF | 6.48% |
| S&P 500® Index | 25.81% |
Visit www.ftportfolios.com/etf/BUFH for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $54,467,191 |
| Total number of portfolio holdings | 13 |
| Total advisory fee paid | $24,764 |
| Portfolio turnover rate | 1% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Exchange-Traded Funds | 100.0% |
| Money Market Funds | 0.0% |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Uncapped Accelerator ETF - July | $82(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on July 18, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 22.64% for the period from the Fund’s inception on July 18, 2025 through May 31, 2026. The Fund outperformed its benchmark, the S&P 500® Index, which returned 21.63% for the same Period.
This outperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 24.78 | % |
| Changes in other Variables | -1.40 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.74 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (July 18, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (7/18/25) |
| FT Vest U.S. Equity Uncapped Accelerator ETF - July | 22.64% |
| S&P 500® Index | 21.63% |
Visit www.ftportfolios.com/etf/UXJL for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $5,540,794 |
| Total number of portfolio holdings | 4 |
| Total advisory fee paid | $57,625 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.3% |
| Purchased Options | 115.9% |
| Written Options | (17.1%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Dual Directional Buffer ETF - August | $62(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on September 19, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 7.89% for the period from the Fund’s inception on September 19, 2025 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 14.66% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 6.26 | % |
| Changes in other Variables | 2.22 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.59 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (September 19, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (9/19/25) |
| FT Vest U.S. Equity Dual Directional Buffer ETF - August | 7.89% |
| S&P 500® Index | 14.66% |
Visit www.ftportfolios.com/etf/DLAG for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $16,468,459 |
| Total number of portfolio holdings | 6 |
| Total advisory fee paid | $118,079 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.6% |
| Purchased Options | 106.4% |
| Written Options | (6.9%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Dual Directional Buffer ETF - February | $24(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on February 20, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 4.48% for the period from the Fund’s inception on February 20, 2026 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 10.05% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.85 | % |
| Changes in other Variables | -0.14 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.23 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (February 20, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (2/20/26) |
| FT Vest U.S. Equity Dual Directional Buffer ETF - February | 4.48% |
| S&P 500® Index | 10.05% |
Visit www.ftportfolios.com/etf/DLFE for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $64,965,983 |
| Total number of portfolio holdings | 6 |
| Total advisory fee paid | $127,904 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.0% |
| Purchased Options | 114.1% |
| Written Options | (15.0%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Dual Directional Buffer ETF - May | $4(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on May 15, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 1.29% for the period from the Fund’s inception on May 15, 2026 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 2.36% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 1.19 | % |
| Changes in other Variables | 0.14 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.04 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (May 15, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (5/15/26) |
| FT Vest U.S. Equity Dual Directional Buffer ETF - May | 1.29% |
| S&P 500® Index | 2.36% |
Visit www.ftportfolios.com/etf/DLMY for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $38,938,877 |
| Total number of portfolio holdings | 6 |
| Total advisory fee paid | $5,420 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.1% |
| Purchased Options | 118.7% |
| Written Options | (19.8%) |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Dual Directional Buffer ETF - November | $47(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on November 21, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 8.34% for the period from the Fund’s inception on November 21, 2025 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 15.50% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 7.35 | % |
| Changes in other Variables | 1.43 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.44 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (November 21, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (11/21/25) |
| FT Vest U.S. Equity Dual Directional Buffer ETF - November | 8.34% |
| S&P 500® Index | 15.50% |
Visit www.ftportfolios.com/etf/DLNV for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $19,709,123 |
| Total number of portfolio holdings | 6 |
| Total advisory fee paid | $71,599 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.7% |
| Purchased Options | 109.7% |
| Written Options | (10.3%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Buffer & Digital Return ETF - April | $11(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on April 17, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 1.91% for the period from the Fund’s inception on April 17, 2026 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 6.50% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 1.93 | % |
| Changes in other Variables | 0.08 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.10 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (April 17, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (4/17/26) |
| FT Vest U.S. Equity Buffer & Digital Return ETF - April | 1.91% |
| S&P 500® Index | 6.50% |
Visit www.ftportfolios.com/etf/DGAP for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $6,079,461 |
| Total number of portfolio holdings | 7 |
| Total advisory fee paid | $4,140 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 1.1% |
| Purchased Options | 189.3% |
| Written Options | (90.3%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Buffer & Digital Return ETF - January | $32(1) | 0.85%(2) |
|
(1) |
The Fund commenced investment operations on January 16, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(2) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 3.45% for the period from the Fund’s inception on January 16, 2026 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 9.69% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 3.29 | % |
| Changes in other Variables | 0.47 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.31 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (January 16, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (1/16/26) |
| FT Vest U.S. Equity Buffer & Digital Return ETF - January | 3.45% |
| S&P 500® Index | 9.69% |
Visit www.ftportfolios.com/etf/DGJA for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $4,722,671 |
| Total number of portfolio holdings | 7 |
| Total advisory fee paid | $12,292 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.9% |
| Purchased Options | 187.7% |
| Written Options | (88.5%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest U.S. Equity Buffer & Digital Return ETF - October | $54(1) | 0.85%(2) |
|
(1)
|
The Fund commenced investment operations on October 17, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher.
|
|
(2)
|
Annualized.
|
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 5.86% for the period from the Fund’s inception on October 17, 2025 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Index, which returned 14.58% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 4.03 | % |
| Changes in other Variables | 2.35 | % |
| Fees and Expenses (pro-rated annual expense ratio) | -0.52 | % |
The Fund holds a combination of FLexible EXchange® Options (“FLEX Options”) designed to target the Fund’s objective.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the Fund’s Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
FUND PERFORMANCE (October 17, 2025 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (10/17/25) |
| FT Vest U.S. Equity Buffer & Digital Return ETF - October | 5.86% |
| S&P 500® Index | 14.58% |
Visit www.ftportfolios.com/etf/DGOC for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $4,852,463 |
| Total number of portfolio holdings | 7 |
| Total advisory fee paid | $17,375 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Money Market Funds | 0.7% |
| Purchased Options | 199.5% |
| Written Options | (100.1%) |
| Net Other Assets and Liabilities | (0.1%) |
| Total | 100.0% |
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Laddered U.S. Equity Uncapped Accelerator ETF | $2(1) (2) | 0.10%(1) (3) |
|
(1) |
Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
|
(2) |
The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(3) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 16.62% for the period from the Fund’s inception on April 7, 2026 through May 31, 2026. The Fund outperformed its benchmark, the S&P 500® Index, which returned 14.73% for the same Period.
This outperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 16.90 | % |
| Changes in other Variables | -0.14 | % |
| Fees and Expenses (pro-rated annual expense ratio)** | -0.14 | % |
The Fund holds a portfolio that consists of a number of buffer funds, and thus is exposed to the combinations of FLexible EXchange® Options (“FLEX Options”) held by the funds in its portfolio.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the underlying buffer funds’ Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
** Includes any Acquired Fund Fees and Expenses of underlying investment companies in which the Fund invests.
FUND PERFORMANCE (April 7, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (4/7/26) |
| FT Vest Laddered U.S. Equity Uncapped Accelerator ETF | 16.62% |
| S&P 500® Index | 14.73% |
Visit www.ftportfolios.com/etf/BFXU for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $1,175,513 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $165 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Exchange-Traded Funds | 100.0% |
| Money Market Funds | 0.0% |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Laddered U.S. Equity Equal Weight Buffer ETF | $2(1) (2) | 0.10%(1) (3) |
|
(1) |
Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
|
(2) |
The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(3) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 5.01% for the period from the Fund’s inception on April 7, 2026 through May 31, 2026. The Fund underperformed its benchmark, the S&P 500® Equal Weight Index, which returned 7.93% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 8.97 | % |
| Changes in other Variables | -3.82 | % |
| Fees and Expenses (pro-rated annual expense ratio)** | -0.14 | % |
The Fund holds a portfolio that consists of a number of buffer funds, and thus is exposed to the combinations of FLexible EXchange® Options (“FLEX Options”) held by the funds in its portfolio.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the underlying buffer funds’ Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
** Includes any Acquired Fund Fees and Expenses of underlying investment companies in which the Fund invests.
FUND PERFORMANCE (April 7, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (4/7/26) |
| FT Vest Laddered U.S. Equity Equal Weight Buffer ETF | 5.01% |
| S&P 500® Index | 14.73% |
| S&P 500® Equal Weight Index | 7.93% |
Visit www.ftportfolios.com/etf/BFEW for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $1,048,829 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $152 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Exchange-Traded Funds | 100.0% |
| Money Market Funds | 0.0% |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| FT Vest Laddered Emerging Markets Buffer ETF | $2(1) (2) | 0.10%(1) (3) |
|
(1) |
Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
|
(2) |
The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
|
(3) |
Annualized. |
HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?
The Fund returned 6.88% for the period from the Fund’s inception on April 7, 2026 through May 31, 2026. The Fund underperformed its benchmark, the MSCI Emerging Markets Index, which returned 20.39% for the same Period.
This underperformance was due to the following:
| Fund Net Asset Value Performance Attributed to*: | ||
| Changes in Reference Asset | 8.35 | % |
| Changes in other Variables | -1.31 | % |
| Fees and Expenses (pro-rated annual expense ratio)** | -0.16 | % |
The Fund holds a portfolio that consists of a number of buffer funds, and thus is exposed to the combinations of FLexible EXchange® Options (“FLEX Options”) held by the funds in its portfolio.
* The Fund’s performance is impacted by changes in the values of the FLEX Options to which it is exposed. We attribute (allocate) the impact on the Fund’s performance into three components. The first of the three components is the impact on the Fund’s performance due to changes in the underlying buffer funds’ Reference Asset. The second component is the aggregate impact on the Fund’s performance due to changes in other variables that impact FLEX Options prices - these include changes in a) the Reference Asset’s dividends, b) interest rates, c) implied volatility, and d) time to option expiration. The third component is from the Fund’s fees and expenses incurred during the Period.
** Includes any Acquired Fund Fees and Expenses of underlying investment companies in which the Fund invests.
FUND PERFORMANCE (April 7, 2026 to May 31, 2026)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.
Investment Performance of $10,000
| Average Annual Total Returns (as of May 31, 2026) | Since Inception (4/7/26) |
| FT Vest Laddered Emerging Markets Buffer ETF | 6.88% |
| MSCI Emerging Markets Index | 20.39% |
Visit www.ftportfolios.com/etf/BUFE for more recent performance information.
KEY FUND STATISTICS (As of May 31, 2026)
| Fund net assets | $1,072,035 |
| Total number of portfolio holdings | 5 |
| Total advisory fee paid | $157 |
| Portfolio turnover rate | 0% |
WHAT DID THE FUND INVEST IN? (As of May 31, 2026)
The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.
Fund Allocation
| Exchange-Traded Funds | 100.0% |
| Money Market Funds | 0.0% |
| Net Other Assets and Liabilities | (0.0%) |
| Total | 100.0% |
Any amount shown as 0.0% represents less than 0.1%.
| [1] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [2] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [3] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [4] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [5] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [6] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.95%. |
| [7] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.95%. |
| [8] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [9] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [10] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [11] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [12] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [13] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [14] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [15] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [16] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [17] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [18] | Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%. |
| [19] | The Fund commenced investment operations on June 20, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [20] | Annualized. |
| [21] | Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
| [22] | The Fund commenced investment operations on June 24, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [23] | Annualized. |
| [24] | The Fund commenced investment operations on July 18, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [25] | Annualized. |
| [26] | The Fund commenced investment operations on September 19, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [27] | Annualized. |
| [28] | The Fund commenced investment operations on February 20, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [29] | Annualized. |
| [30] | The Fund commenced investment operations on May 15, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [31] | Annualized. |
| [32] | The Fund commenced investment operations on November 21, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [33] | Annualized. |
| [34] | The Fund commenced investment operations on April 17, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [35] | Annualized. |
| [36] | The Fund commenced investment operations on January 16, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [37] | Annualized. |
| [38] | The Fund commenced investment operations on October 17, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [39] | Annualized. |
| [40] | Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
| [41] | The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [42] | Annualized. |
| [43] | Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
| [44] | The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [45] | Annualized. |
| [46] | Excludes any Acquired Fund Fees and Expenses of the underlying investment companies in which the Fund invests. |
| [47] | The Fund commenced investment operations on April 7, 2026. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. |
| [48] | Annualized. |