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BFJL

GradeFNew York Stock Exchange Arca

FT Vest Bitcoin Strategy Floor15 ETF - July

Floor Protected · First Trust · Inception 2025-06-30 · SEC filings

$19.17+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Jul 1, 2025.
Intraday session: up, 5 prints from 18.52 to 19.17. Range 18.52 to 19.17. Use the arrow keys to read each point.$18.60$18.80$19.00Sep 17Sep 18Sep 22Sep 23
Expense ratio
0.90%
Fund size
$4M
1Y return
−5.2%
Yield · Last 12 months
Data unavailable
Holdings
8
Volume · 30D
0M sh
NAV per share
$19.17
52W range
low $16.66high $21.49

The ETF.net BFJL Grade

F

24/ 100

Rank 20 of 24 in Other Floor Protected⁠

Confidence Medium

Six-pillar profile for BFJL. Scores out of 100: Cost 22, Risk 22, Mission not scored, Tradability 23, Holdings 57, Durability 48. Strongest: Holdings (57). Weakest: Risk (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 24 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned24This cap took−0Published score24 Grade F

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 22
    Category rank20/24 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 22
    Category rank18/23 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank21/24 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 57
    Category rank3/10 · top 30%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank16/24 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BFJL

ETF.net Research

FBitcoin with a seatbelt. BFJL follows the price return of a bitcoin reference instrument, absorbs the first 15% of a decline over a one-year outcome period, and gives up gains above a cap that resets each July.

Stated mandate

The Fund seeks to match the price return of a bitcoin-linked reference asset, subject to a 27.82% upside cap, while limiting its maximum loss from reference-instrument losses to 15% over the July 1, 2026–July 9, 2027 Target Outcome Period.

Why people hold it

  1. 01The rare defined-outcome take in a cohort of plain spot bitcoin funds: 15% of downside covered by design, upside sold off to a stated cap.ftportfolios.com
  2. 02Terms are posted up front. The outcome period runs July to July, with the cap and the 15% protection level set at the start, not discovered along the way.ftportfolios.com
  3. 03Floor and cap squeeze the ride at both ends, a structurally different experience from holding bitcoin exposure straight.ftportfolios.com

Worth knowing

  1. 010.90% a year is several times what plain spot bitcoin funds such as BITB and HODL charge at 0.20%. That is the toll for the downside engineering.
  2. 02The 15% protection is measured across the full outcome period. Buy mid-period and your personal floor and cap sit at different levels than the headline terms.ftportfolios.com
  3. 03Launched in 2025, still a small fund that trades lightly, so bid-ask spreads are a real part of the entry cost.

BFJL Holdings

As of Sep 21, 2026, 5:50 PM
Asset class
Other
Holdings
8
Top-10 weight
1177%
Largest holding
2027-07-09 S&P 500® Mini Index P 2,997.641140.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—2027-07-09 S&P 500® Mini Index P 2,997.641140.88%203$43M1
002—2027-07-09 iShares Bitcoin Trust ETF C 38.2832.36%1,004$1M1
003—2027-07-09 iShares Bitcoin Trust ETF P 28.302.50%1,004$95K1
004—US Dollar1.48%56,040$56K394
005—2027-07-09 S&P 500® Mini Index C 2,810.29<0.01%203$551

Showing 1–5 of 5 holdings

BFJL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BFJL$9,477
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BFJL $9,477. SPY $11,723. Use the arrow keys to read each point.$7,981$10,011$12,042Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BFJL. Periods over one year show the average yearly return.
PeriodBFJL
Year to date+5.9%
1 month+4.6%
3 months+14.7%
1 year−5.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BFJL
YearReturn barBFJL
2026 YTD+5.9%
2025−7.4%

History from Jul 1, 2025

BFJL in the news

ETF.net Research hasn’t filed on BFJL yet — coverage lands here as it’s written.

BFJL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 29, 2025 $0.24. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 31, 2025$0.24

BFJL Risk

How much the fund’s monthly returns vary, scaled to a year.
13.4%
Annualised · 13 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.85
vs 3-month T-bills · 13 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−21.2%
14 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.17
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BFJL Cost

Expense ratio0.90%
  • The middle half of Other Floor Protected funds
  • Median 0.79%

11 of the 18 Other Floor Protected funds charge less.

BFJL costs $90.00 a year on $10,000. The median Other Floor Protected fund costs $79.50.