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

Stay safeGrow my money1y track recordRanked #302 of 340 in this goal

Seeks to provide returns matching the Invesco S&P 500 Equal Weight ETF price return, up to a 15.79% cap, with a 10% loss buffer.

By First Trust · Launched 2024

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$18M

#4,409 of 5,562 · small

Dividend YieldGoal

0.00%

Track Record

1 year

#3,633 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,507+15.1%

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

Classification

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
79.9%
CBOE GLOBAL MARKETS, INC.RSP 6 C1.78
19.9%
CBOE GLOBAL MARKETS, INC.RSP 6 P177.65
2.3%
Dreyfus Government Cash Management
0.8%
CBOE GLOBAL MARKETS, INC.RSP 6 P159.89
-0.2%
CBOE GLOBAL MARKETS, INC.RSP 6 P159.89
-1.0%
CBOE GLOBAL MARKETS, INC.RSP 6 C205.7
-1.5%

Asset allocation

Stocks
99.7%
Cash
0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.9%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

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide returns matching the Invesco S&P 500 Equal Weight ETF price return, up to a 15.79% cap, with a 10% loss buffer.
Strategy
Invests primarily in FLEX Options referencing the Invesco S&P 500 Equal Weight ETF to achieve a target outcome strategy. Provides a buffer against the first 10% of losses and caps upside at 15.79% over the Target Outcome 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

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

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

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Data updated on 2026-06-19