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XJANFT Vest U.S. Equity Enhance & Moderate Buffer ETF - January

Stay safeGrow my money2y track recordRanked #275 of 387 in this goal

Seeks to provide returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust, with a buffer against the first 15% of losses.

By First Trust · Launched 2024

Annual Cost

0.85%

#4,678 of 6,040 · expensive

Fund Size

$40M

#3,978 of 6,040 · mid-size

Return (1Y)

+9.1%

Track Record

2 years

#3,340 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,907+9.1%

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 = 111.9% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 1 C6.93
80.2%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.93
16.9%
CBOE GLOBAL MARKETS, INC.SPY 1 C691.67
6.2%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.67
4.8%
CBOE GLOBAL MARKETS, INC.SPY 1 C691.67
1.3%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.67
1.2%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 1 C6.93
0.2%
CBOE GLOBAL MARKETS, INC.SPY 1 C691.67
0.0%
CBOE GLOBAL MARKETS, INC.SPY 1 P691.67
0.0%

Asset allocation

Stocks
99.2%
Cash
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.7%Low

Year-on-year price swings

Max drawdown
-10.0%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 of approximately twice any positive price return of the SPDR S&P 500 ETF Trust, with a buffer against the first 15% of losses.
Strategy
Invests in FLEX Options referencing the SPDR S&P 500 ETF Trust to achieve enhanced returns of approximately twice the Underlying ETF's positive price return, capped at 9.94%, while providing a buffer against the first 15% of losses. The strategy is designed for a one-year Target Outcome Period.
Inception date
January 19, 2024
Fund family
First Trust

Next steps

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Data updated on 2026-09-18