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Beacon

JULMFT Vest U.S. Equity Max Buffer ETF - July

Take a bet2y track recordRanked #694 of 995 in this goal

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 buffer against losses.

By First Trust · Launched 2024

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$31M

#4,242 of 6,040 · small

Return (1Y)

+5.4%

Track Record

2 years

#3,628 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,538+5.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 9 holdings = 100.1% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 7 C6.26
79.0%
CBOE GLOBAL MARKETS, INC.SPY 7 C6.26
25.1%
CBOE GLOBAL MARKETS, INC.SPY 7 P627.56
1.7%
Dreyfus Government Cash Management Funds
0.6%
CBOE GLOBAL MARKETS, INC.SPY 7 P627.56
0.2%
CBOE GLOBAL MARKETS, INC.SPY 7 P210.24
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P210.24
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 C671.51
-0.9%
CBOE GLOBAL MARKETS, INC.SPY 7 C671.51
-5.7%

Asset allocation

Stocks
98.8%
Cash
1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.2%Low

Year-on-year price swings

Max drawdown
-4.3%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 buffer against losses.
Strategy
Invests primarily in FLEX Options referencing the SPDR S&P 500 ETF Trust to provide a buffer against losses and a cap on returns. The Fund seeks to provide a maximum buffer of 66.50% against Underlying ETF losses over a one-year Target Outcome Period, with a cap of at least 7%.
Inception date
July 24, 2024
Fund family
First Trust

Next steps

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Data updated on 2026-09-18