DJUNFT Cboe Vest U.S. Equity Deep Buffer ETF - June
DJUN Fund Description
DJUN aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral.
DJUN Factset Analytics Insight
DJUN uses flex options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each June. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund offers a buffer for the first 5-30% losses on the SPY. The fund will cover 5% of the losses between the buffer zone and additional 25% coverage on SPYs realized losses if it falls below the buffer zone. Investors forego the upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed and uses flex options exclusively.
DJUN Summary Data
DJUN Portfolio Data
DJUN Index Data
DJUN Portfolio Management
DJUN Tax Exposures
DJUN Fund Structure
DJUN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DJUN. DJUN is rated a N/A out of 5.
DJUN Top 10 Holdings
DJUN Economic Development
DJUN Performance Statistics
DJUN Benchmark Comparison Summary
DJUN Benchmark Comparison Market Cap Size