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First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - January

JANMCboeD

$34.51+0.01 (+0.03%)

As of Oct 13, 2026, 3:22 PM

Intraday session: up, 4 prints from 34.50 to 34.51. Range 34.51 to 34.55. Use the arrow keys to read each point.34.5234.5334.5434.5510 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$37M
1Y total return
+6.8%
Yield · Last 12 months
—
Holdings
3
Avg volume · 30D
0M sh
NAV per share
$34.55
52W range
low $30.73high $34.55
Launched
Filings
SEC EDGAR

The ETF.net JANM Grade

Based on 4 of 6 pillars

D

Score 36 out of 100

Rank
19 of 20
Six-pillar profile for JANM. Scores out of 100: Cost 21, Risk 41, Mission not scored, Tradability 54, Holdings not scored, Durability 66. Strongest: Durability (66). Weakest: Cost (21). Based on 4 of 6 pillars.

Score 36 of 100 falls in the D 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.
    F21 out of 100
    Rank 12 of 20
  • 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.
    C41 out of 100
    Rank 12 of 20
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 10 of 20
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B66 out of 100
    Rank 9 of 20

JANM Holdings

As of Oct 12, 2026
Asset class
Other
Holdings
3
Top-10 weight
108%
Largest holding
2027-01-15 State Street® SPDR® S&P 500® ETF Trust C 6.90106.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—2027-01-15 State Street® SPDR® S&P 500® ETF Trust C 6.90106.44%514$40M1
002—2027-01-15 State Street® SPDR® S&P 500® ETF Trust P 691.640.66%514$246K1
003—US Dollar0.52%193,523$194K421

Showing 1–3 of 3 holdings

JANM Performance

Launched Jan 17, 2025

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.Not enough history yet.
JANM$10,680
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. JANM $10,680. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for JANM. Periods over one year show the average yearly return.
PeriodJANM
Year to date+4.7%
1 month+0.7%
3 months+1.7%
1 year+6.8%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 JANM
YearReturn barJANM
2026 YTD+4.7%
2025+5.7%

History from Jan 21, 2025

JANM in the news

Filtered to JANM · First Trust

JANM Dividends

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

No distributions in the last 12 months.

JANM Risk

How much the fund’s monthly returns vary, scaled to a year.
2.5%
Annualised · 20 months to Sep 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.
0.77
vs 3-month T-bills · 20 months to Sep 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.
−2.8%
20 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.
0.19
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.

JANM Cost

Expense ratio0.85%
  • The middle half of S&P 500 Max Buffer funds
  • Median 0.52%

11 of the 20 S&P 500 Max Buffer funds charge less.

JANM costs $85.00 a year on $10,000. The median S&P 500 Max Buffer fund costs $51.50.

Other funds in S&P 500 Max Buffer