FT Vest U.S. Equity Max Buffer ETF - June
$35.54−0.05 (−0.14%)
- 0.85%
- $68M
- +5.2%
- 0M sh
- $35.59
- low $33.77high $35.58
The ETF.net JUNM Grade
C
Score 43 out of 100
- 13 of 20
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.F21 out of 100Rank 12 of 20Mission
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.D36 out of 100Rank 18 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A84 out of 100Rank 3 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 1 of 4Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A87 out of 100Rank 3 of 20
Our read on JUNM
CMost buffer ETFs pick a number and defend it. This one chases the biggest buffer the options market will fund each June, then pays for it with a cap that leaves only a sliver of the S&P 500's upside.
The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust up to a preset cap while seeking the maximum available downside buffer over roughly one year. For June 22, 2026–June 17, 2027, it seeks 100% loss buffering with a 7.33% cap before fees and expenses.
Why people hold it
- Simple mechanics: track SPY's price return up to a preset cap while seeking the maximum downside buffer available, over a roughly one-year period that resets each June.ftportfolios.com
- Cap and buffer are rebuilt with fresh options every June, so terms are repriced each year instead of frozen at launch.ftportfolios.com
- What's being buffered is SPY, the original S&P 500 tracker, so the underlying exposure is about as plain-vanilla as US equity gets.
Worth knowing
- The buffer is bought with upside: gains stop at the cap set each June, and the fund follows SPY's price only, so dividends don't feed your return.
- At 0.85% a year, it runs above the Calamos structured-protection series (CPSJ, CPSM, CPST) at 0.69%. Cost is where it trails its floor-fund peer group.
- Headline terms apply from the June start date, so a mid-period buyer gets a different cap and buffer. It's also a 2024 launch on the smaller, thinner-traded end of the shelf.
JUNM Holdings
- Other
- 3
- 105%
- 2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 7.45
Sectors
- Technology41.0%
- Financials11.1%
- Communication9.7%
- Health Care9.1%
- Consumer Discretionary8.8%
- Industrials7.4%
- Consumer Staples4.3%
- Energy3.4%
- Utilities1.9%
- Real Estate1.6%
- Materials1.5%
JUNM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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JUNM$10,524
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 | JUNM |
|---|---|
| Year to date | +3.9% |
| 1 month | +0.6% |
| 3 months | +1.2% |
| 1 year | +5.2% |
| 3 years | — |
| 5 years | — |
| 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 | JUNM |
|---|---|---|
| 2026 YTD | +3.9% | |
| 2025 | +7.8% | |
| 2024 | +4.0% |
JUNM in the news
JUNM Dividends
No distributions in the last 12 months.
JUNM Risk
- 3.3%
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.
- 0.75
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.
- −5.4%
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.
- 0.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JUNM Cost
0.85%
JUNM0.85%
- 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.
Other funds in S&P 500 Max Buffer
- CSQMXFT Vest U.S. Equity Quarterly Max Buffer ETFExpense ratio 0.85%1 year return +8.2%
- CDECMFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - DecemberExpense ratio 0.85%1 year return +7.0%
- CJULMFirst Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - JulyExpense ratio 0.85%1 year return +6.1%
- CPMAPPGIM Rock ETF Trust - PGIM S&P 500 Max Buffer ETF - AprilExpense ratio 0.50%1 year return +6.6%
- CPMOCPGIM Rock ETF Trust - PGIM S&P 500 Max Buffer ETF - OctoberExpense ratio 0.50%1 year return +6.9%