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GJANFT Vest U.S. Equity Moderate Buffer ETF - January

Take a bet3y track recordRanked #164 of 995 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust, with a 15% buffer against losses over the Target Outcome Period.

By First Trust · Launched 2023

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$439M

#1,764 of 6,040 · large

Return (1Y)

+10.8%

Track Record

3 years

#2,847 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,081+10.8%

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 = 104.2% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 1 C6.94
86.9%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.94
8.0%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.68
5.3%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.94
2.5%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.68
0.5%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.68
0.2%
CBOE GLOBAL MARKETS, INC.SPY 1 P587.93
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 1 C773.37
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 1 C773.37
-0.1%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.8%Low

Year-on-year price swings

Max drawdown
-10.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.00Decent risk-adjusted returns
Sortino (3Y)
1.47Good 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 15% buffer against losses over the Target Outcome Period.
Strategy
Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against the first 15% of losses and upside participation up to an 11.81% cap. Employs a target outcome strategy over the period from January 20, 2026 through January 15, 2027.
Inception date
January 20, 2023
Fund family
First Trust

Next steps

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Data updated on 2026-09-18