JANMFT Vest U.S. Equity Max Buffer ETF - January
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a maximum buffer against losses.
By First Trust · Launched 2025
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$37M
#4,062 of 6,040 · small
Return (1Y)
+6.2%
Track Record
1 year
#4,023 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,615+6.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 104.0% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 1 C6.9
74.6%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.9
20.0%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.64
4.6%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.9
2.5%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.64
1.2%
Dreyfus Government Cash Management Funds
1.2%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.64
0.2%
CBOE GLOBAL MARKETS, INC.SPY 1 P375.23
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 1 C740.08
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 1 P375.23
-0.1%
Asset allocation
Stocks
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.4%Low
Year-on-year price swings
Max drawdown
-2.8%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
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 predetermined upside cap while providing a maximum buffer against losses.
- Strategy
- Invests primarily in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a maximum available buffer against losses while setting a predetermined upside cap. The current buffer is 45.75% with a cap of 7% for the Target Outcome Period.
- Inception date
- January 16, 2025
- Fund family
- First Trust
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Data updated on 2026-09-18