DHDG was created on 2024-10-18 by FT Vest. The fund's investment portfolio concentrates primarily on downside hedge alternatives. DHDG aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering losses between -2.5% and -15%. The fund resets its buffer and cap levels quarterly. The actively managed fund executes the strategy using FLEX options.