---
ticker: "JANM"
name: "First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - January"
url: "https://etf.net/etf/JANM"
grade: "D"
score: 36
graded_at: "2026-10-12"
category: "S&P 500 Max Buffer"
category_rank: "19 of 20"
methodology: "https://etf.net/methodology"
---

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

Grade **D**, Score 36 of 100. Rank 19 of 20 in S&P 500 Max Buffer.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 21 | 12 of 20 |
| Mission | Not scored | — |
| Risk | 41 | 12 of 20 |
| Tradability | 54 | 10 of 20 |
| Holdings | Not scored | — |
| Durability | 66 | 9 of 20 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | 2027-01-15 State Street® SPDR® S&P 500® ETF Trust C 6.90 | 106.44% |
| 2 | — | 2027-01-15 State Street® SPDR® S&P 500® ETF Trust P 691.64 | 0.66% |
| 3 | — | US Dollar | 0.52% |

Source: etf.net, https://etf.net/etf/JANM. Please cite the page URL.