FJAN

FT Cboe Vest U.S. Equity Buffer ETF - January
*Unless otherwise stated, data provided by FactSet.

FJAN Fund Description

FJAN aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral.

FJAN Factset Analytics Insight

FJAN uses options in an effort to moderate losses on SPY ETF over a one-year period starting each January. The fund foregoes some upside return of SPYs dividend as options are written on the price (not total) return version of the index. The fund compensates for the first 10% losses on SPY, beyond it, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing realization of SPYs losses, investors forego 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 funds expense ratio. The fund is actively managed and uses flex options exclusively.

PERFORMANCE [as of 09/20/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FJAN 0.12% 2.27% -- -- -- -- --
FJAN (NAV) -0.59% 2.15% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -1.83% 5.10% 16.70% 32.82% 17.28% 18.23% 16.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FJAN Summary Data

First Trust
FT Cboe Vest
01/15/21
Open-Ended Fund
0.85%
$128.05M
$626.51K
0.20%

FJAN Portfolio Data

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N/A
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FJAN Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FJAN Portfolio Management

0.85%
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FJAN Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FJAN Fund Structure

Open-Ended Fund
No
N/A
-- / --
N/A
N/A
Low
Daily

FJAN Factset Analytics Block Liquidity

As of 09/21/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FJAN. FJAN is rated a N/A out of 5.

FJAN Tradability

18,863
$626.51K
9,469
$315.99K
0.20%
$0.07
-0.13%
0.36% / -0.63%
None
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50,000
0.19
0.02%
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0
$32.98
N/A

FJAN Top 10 Holdings

99.48%
0.00%
100.00%

FJAN Countries


FJAN
Segment Benchmark
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0.10%
--
99.90%

FJAN Regions


FJAN
Segment Benchmark
--
100.00%

FJAN Economic Development


FJAN
Segment Benchmark
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100.00%

FJAN Performance Statistics

0.88
0.54
0.61
0.52
0.39%
MSCI USA Large Cap Index

FJAN Benchmark Comparison Holdings

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FJAN Benchmark Comparison Summary


FJAN
Segment Benchmark
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FJAN Benchmark Comparison Market Cap Size


FJAN
Segment Benchmark
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