FT Vest U.S. Equity Buffer ETF - July
$62.03−0.01 (−0.02%)
- 0.85%
- $1.4B
- +14.8%
- 0.1M sh
- $62.02
- low $53.53high $62.10
The ETF.net FJUL Grade
C
Score 45 out of 100
- 45 of 77
Score 45 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 60 of 77Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 26 of 76Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A75 out of 100Rank 13 of 77Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 8 of 44Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 6 of 77
Our read on FJUL
CThe July rung of First Trust's twelve-month buffer ladder: 10% of SPY's price-return losses absorbed, upside capped, and the whole contract reset each July. Running since 2020.
The Fund seeks returns matching the price return of the State Street SPDR S&P 500 ETF Trust up to a 16.82% upside cap, while buffering the first 10% of losses during the July 20, 2026–July 16, 2027 outcome period.
Why people hold it
- The terms are written down before you show up: a 10% downside buffer on SPY's price return and a stated upside cap, both fixed for the July-to-July outcome period.ftportfolios.com
- Twelve identical monthly siblings run on the same recipe (FJAN through FDEC), so start dates can be laddered instead of hinging on one July entry.
- Live since 2020 and now a billion-dollar-plus fund, it is a seasoned rung of the ladder with many annual resets behind it.
Worth knowing
- At 0.85% a year it sits above the buffer group's 0.79% median, and well above cheaper builds like ZALT (0.69%) or the laddered BUFB (0.10%).
- The reference is SPY's price return, so dividends sit outside the buffered math, and the fund itself has made no distributions.
- Buffer and cap are defined for the full July-to-July window; buy mid-period and your own cap and remaining buffer differ from the headline terms.ftportfolios.com
FJUL Holdings
- Other
- 3
- 104%
- 2027-07-16 State Street® SPDR® S&P 500® ETF Trust C 7.43
Sectors
- Technology40.1%
- Financials11.3%
- Communication9.9%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.6%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
FJUL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FJUL$11,476
Returns run to the Oct 12, 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.
| Period | FJUL |
|---|---|
| Year to date | +10.9% |
| 1 month | +1.5% |
| 3 months | +3.8% |
| 1 year | +14.8% |
| 3 years | +17.0% |
| 5 years | +12.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FJUL |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | +14.2% | |
| 2024 | +17.7% | |
| 2023 | +21.3% | |
| 2022 | −6.2% | |
| 2021 | +10.8% | |
| 2020 | +8.3% |
FJUL in the news
Filings Digest
AllianzIM launches OCTI and resets October buffer terms
FJUL Dividends
No distributions in the last 12 months.
FJUL Risk
- 7.9%
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.
- 1.45
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.
- −13.1%
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.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FJUL Cost
0.85%
FJUL0.85%
- The middle half of S&P 500 Buffer 9-12% funds
- Median 0.79%
59 of the 77 S&P 500 Buffer 9-12% funds charge less.
Other funds in S&P 500 Buffer 9-12%
- CFDECFT Vest U.S. Equity Buffer ETF - DecemberExpense ratio 0.85%1 year return +16.3%
- CFJANFT Vest U.S. Equity Buffer ETF - JanuaryExpense ratio 0.85%1 year return +15.5%
- CFSEPFT Vest U.S. Equity Buffer ETF - SeptemberExpense ratio 0.85%1 year return +16.0%
- CDHDGFT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETFExpense ratio 0.85%1 year return +16.3%
- CFNOVFT Vest U.S. Equity Buffer ETF - NovemberExpense ratio 0.85%1 year return +16.1%