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FJANFT Vest U.S. Equity Buffer ETF - January

Take a bet5y track recordRanked #102 of 995 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a 10% buffer against losses.

By First Trust · Launched 2021

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$1.5B

#951 of 6,040 · large

Return (1Y)

+13.3%

Track Record

5 years

#2,252 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,304+13.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 104.7% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 1 C6.92
90.5%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.92
6.2%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.66
5.5%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.92
0.6%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.92
0.4%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.66
0.4%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.66
0.0%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.66
0.0%
CBOE GLOBAL MARKETS, INC.SPY 1 C792.16
-0.0%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.5%Low

Year-on-year price swings

Max drawdown
-13.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.09Strong risk-adjusted returns
Sortino (3Y)
1.60Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a 10% buffer against losses.
Strategy
Invests in FLEX Options to provide a buffer against the first 10% of Underlying ETF losses while matching returns up to a cap of 14.53%. Employs a target outcome strategy based on the price performance of the Underlying ETF over a one-year period.
Inception date
January 15, 2021
Fund family
First Trust

Next steps

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Data updated on 2026-09-18