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Launched · SEC filings

FT Vest U.S. Equity Moderate Buffer ETF - July

GJULCboeFirst TrustC

$44.11−0.29 (−0.65%)

As of Nov 10, 2026, 11:14 AM ET

C43/ 100

Rank 33 of 61 in S&P 500 Buffer 15%

C43/100Rank 33 of 61inS&P 500 Buffer 15%
Intraday session: down, 22 prints from 44.40 to 44.11. Range 44.11 to 44.30. Use the arrow keys to read each point.44.1544.2044.2544.3044.3510 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$403M
1Y total return
+9.1%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
29.5K sh
52W range
low $40.03high $45.14
Launched
Filings
SEC EDGAR

The ETF.net GJUL Grade

Based on 5 of 6 pillars

C

Score 43 out of 100

Category
S&P 500 Buffer 15%⁠
Rank
33 of 61
Six-pillar profile for GJUL. Scores out of 100: Cost 13, Risk 53, Mission not scored, Tradability 72, Holdings 65, Durability 73. Strongest: Durability (73). Weakest: Cost (13). Based on 5 of 6 pillars.

Score 43 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.
    F13 out of 100
    Rank 47 of 61

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 29 of 60

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A72 out of 100
    Rank 10 of 61

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B65 out of 100
    Rank 7 of 34

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 19 of 61

Our read on GJUL

ETF.net Research

In short

CThe July door into First Trust's moderate-buffer lineup: it aims to absorb the first 15% of an S&P 500 ETF price decline over a one-year outcome period, and in exchange your upside stops at a cap set when that period begins.

Stated mandate

The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust before fees and expenses, subject to a 13.82% upside cap, while buffering the first 15% of losses during the July 20, 2026–July 16, 2027 target outcome period.

Why people hold it

  • The first 15% of the reference ETF's price loss over each outcome period is absorbed by the option structure, not by a manager's judgment call.
  • Twelve month-stamped siblings run the same 15% recipe, so the calendar start is your choice. This one resets in July.
  • The reference is the SPDR S&P 500 ETF Trust, so the only moving parts are the buffer and the cap. No sector tilts, no stock picking.

Worth knowing

  • At 0.85%, it runs above the buffer-cohort median of 0.79%. Laddered peers like BUFF charge 0.10% and spread start dates for you.
  • Buffer and cap apply to the full outcome period. Buy or sell partway through and you own part of a buffer and part of a cap, priced by the options.
  • It targets price return, so S&P 500 dividends are not part of the package.

GJUL Performance

Launched Jul 21, 2023

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.Not enough history yet.
GJUL$10,914
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. GJUL $10,914. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 GJUL. Periods over one year show the average yearly return.
PeriodGJUL
Year to date+7.2%
1 month−1.6%
3 months−0.5%
1 year+9.1%
3 yearsper year+13.6%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 GJUL
YearReturn barGJUL
2026 YTD+7.2%
2025+12.7%
2024+14.3%
2023+3.9%

History from Jul 24, 2023

GJUL in the news

GJUL Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

GJUL Risk

Risk pillarC53 out of 100Rank 29 of 60 in S&P 500 Buffer 15%
How much the fund’s monthly returns vary, scaled to a year.
6.0%
Annualised · 36 months to Oct 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.
1.55
vs 3-month T-bills · to Oct 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.
−10.7%
39 months · trough Apr 2025
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.
0.48
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.

FMP measures it over up to five years of monthly returns.

GJUL Cost

Compare GJUL and CAUG

Overpaying vs CAUG, tied cheapest in S&P 500 Buffer 15%

$10,050

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GJUL 0.85%

    $16,199

  • CAUG 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • GJUL 0.85%
  • CAUG 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530GJUL $16,199CAUG $6,149

Year by year

YearGJULCAUGOverpaying
10$1,508$545$963
20$5,706$2,113$3,593
30$16,199$6,149$10,050

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