Skip to content
Beacon

RSJNFT Vest U.S. Equity Equal Weight Buffer ETF - June

Stay safeGrow my money2y track recordRanked #281 of 357 in this goal

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

By First Trust · Launched 2024

Annual Cost

0.85%

#4,508 of 5,853 · expensive

Fund Size

$22M

#4,379 of 5,853 · small

Dividend YieldGoal

0.00%

Track Record

2 years

#3,542 of 5,853 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,352+13.5%

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 Equal Weight Index

What it actually holds

By weight

Concentration

Top 7 holdings = 100.1% of fundconcentrated

CBOE GLOBAL MARKETS, INC.RSP 6 C1.78
72.3%
CBOE GLOBAL MARKETS, INC.RSP 6 C1.78
30.8%
CBOE GLOBAL MARKETS, INC.RSP 6 P177.65
0.9%
Dreyfus Government Cash Management Funds
0.5%
CBOE GLOBAL MARKETS, INC.RSP 6 P159.89
-0.1%
CBOE GLOBAL MARKETS, INC.RSP 6 P159.89
-0.3%
CBOE GLOBAL MARKETS, INC.RSP 6 C205.7
-4.0%

Asset allocation

Stocks
98.7%
Cash
1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.7%Low

Year-on-year price swings

Max drawdown
-12.4%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
NYSE Arca

Full fund details

Objective
Seeks to provide returns that match the price return of the Invesco S&P 500 Equal Weight ETF, with a 10% buffer against losses.
Strategy
Invests primarily in FLEX Options referencing the Invesco S&P 500 Equal Weight ETF to provide a buffer against the first 10% of losses and upside participation up to a cap of 15.28%. Employs a target outcome strategy over the defined period.
Inception date
June 21, 2024
Fund family
First Trust

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've looked at RSJN. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-02