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GJUL

GradeCChicago Board Options Exchange

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

Buffered · First Trust · Inception 2023-07-21 · SEC filings

$44.59−0.18 (−0.41%)

As of Sep 23, 2026, 2:17 PM EDT

History starts Jul 24, 2023.
Intraday session: down, 12 prints from 44.77 to 44.59. Range 44.57 to 44.73. Use the arrow keys to read each point.$44.65$44.7010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$416M
1Y return
+10.5%
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0M sh
NAV per share
$44.76
52W range
low $40.03high $44.82

The ETF.net GJUL Grade

C

43/ 100

Rank 31 of 61 in S&P 500 Buffer 15%⁠

Confidence Medium

Six-pillar profile for GJUL. Scores out of 100: Cost 13, Risk 45, Mission not scored, Tradability 79, Holdings 68, Durability 72. Strongest: Tradability (79). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 43 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank52/61 · 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.
    CScore 45
    Category rank42/57 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank4/61 · top 7%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 68
    Category rank4/32 · top 13%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank18/61 · top 30%

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

Our read on GJUL

ETF.net Research

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

  1. 01The 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.
  2. 02Twelve month-stamped siblings run the same 15% recipe, so the calendar start is your choice. This one resets in July.
  3. 03The 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

  1. 01At 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.
  2. 02Buffer 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.
  3. 03It targets price return, so S&P 500 dividends are not part of the package.

GJUL Holdings

As of Sep 21, 2026, 5:42 PM
Asset class
Other
Holdings
4
Top-10 weight
104%
Largest holding
2027-07-16 State Street® SPDR® S&P 500® ETF Trust C 7.4599.0%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—2027-07-16 State Street® SPDR® S&P 500® ETF Trust C 7.4598.96%5,461$409M1
002—2027-07-16 State Street® SPDR® S&P 500® ETF Trust P 743.313.80%5,461$16M1
003—US Dollar0.98%4,063,533$4M394

Showing 1–3 of 3 holdings

GJUL Performance

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

GJUL$11,047
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. GJUL $11,047. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 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 GJUL. Periods over one year show the average yearly return.
PeriodGJUL
Year to date+8.3%
1 month+0.7%
3 months+3.2%
1 year+10.5%
3 years+14.2%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 GJUL
YearReturn barGJUL
2026 YTD+8.3%
2025+12.7%
2024+14.3%
2023+3.9%

History from Jul 24, 2023

GJUL in the news

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

GJUL Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

GJUL Risk

How much the fund’s monthly returns vary, scaled to a year.
6.5%
Annualised · 36 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.
1.25
vs 3-month T-bills · 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.
−10.7%
37 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.

GJUL Cost

Expense ratio0.85%
  • The middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

35 of the 50 S&P 500 Buffer 15% funds charge less.

GJUL costs $85.00 a year on $10,000. The median S&P 500 Buffer 15% fund costs $79.00.