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FJULFT Vest U.S. Equity Buffer ETF - July

Stay safeGrow my money6y track recordRanked #86 of 387 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, up to a cap of 14.55%, while providing a buffer against the first 10% of losses.

By First Trust · Launched 2020

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$1.3B

#1,044 of 6,040 · large

Return (1Y)

+12.3%

Track Record

6 years

#2,128 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,200+12.0%

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 = 102.9% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 7 C6.28
89.1%
CBOE GLOBAL MARKETS, INC.SPY 7 C6.28
9.0%
CBOE GLOBAL MARKETS, INC.SPY 7 C6.28
2.5%
CBOE GLOBAL MARKETS, INC.SPY 7 P627.58
1.7%
Dreyfus Government Cash Management Funds
0.6%
CBOE GLOBAL MARKETS, INC.SPY 7 P627.58
0.2%
CBOE GLOBAL MARKETS, INC.SPY 7 P627.58
0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P564.82
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 C718.89
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P564.82
-0.1%

Asset allocation

Stocks
98.8%
Cash
1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.8%Low

Year-on-year price swings

Max drawdown
-13.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.16Strong risk-adjusted returns
Sortino (3Y)
1.70Good 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, up to a cap of 14.55%, while providing a buffer against the first 10% of losses.
Strategy
Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against the first 10% of losses and upside participation up to a cap of 14.55%. Employs a target outcome strategy to achieve these pre-determined investment outcomes over the Target Outcome Period.
Inception date
July 17, 2020
Fund family
First Trust

Next steps

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Data updated on 2026-09-18