FT Vest AAPL & Target Income ETF

XVAP was created on 2026-08-18 by FT Vest. The fund's investment portfolio concentrates primarily on income alternatives. XVAP is an actively managed ETF seeking monthly income of approximately 15%, before fees and expenses, above the S&P 500 forward dividend yield, through a multi-layered options strategy built around Apple Inc. stock, while maintaining partial participation in Apple's price appreciation