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FFEB vs TENJ

FT Vest U.S. Equity Buffer ETF - February

FFEBCCboe

iShares Large Cap 10% Target Buffer Jun ETF

TENJBCboe

Overlap

Expense ratio

TENJ −0.32pt a year

FFEB0.85%TENJ0.53%

Avg volume · 30D

TENJ 1.1×the volume

FFEB22.9KTENJ24.6K

FFEB vs TENJ Performance

Oct 31, 2025 – Oct 30, 2026

+12.3%FFEB+11.7%TENJ

Oct 31, 2025 to Oct 30, 2026. FFEB +12.3%. TENJ +11.7%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
FFEB 0.85%
TENJ 0.53%, better
Fund size
FFEB $1.38B
TENJ $47M
1Y total return
FFEB +12.3%, better
TENJ +11.7%
Holdings
FFEB 3
TENJ 4
Avg volume (30D)
FFEB 22.9K sh
TENJ 24.6K sh, better
NAV per share
FFEB $62.47
TENJ $28.09
52W range

ETF.net Grade

FFEB: Cost 11, Risk 67, Mission not scored, Tradability 89, Holdings 63, Durability 87. TENJ: Cost 86, Risk 49, Mission not scored, Tradability 66, Holdings 51, Durability 41.
Pillar letters and Scores for FFEB, TENJ, with each pillar’s weight
PillarFFEBTENJ
Cost30% weightF11A86Higher
Mission25% weightNot scoredNot scored
Risk15% weightB67HigherC49
Tradability15% weightA89HigherB66
Holdings10% weightB63HigherC51
Durability5% weightA87HigherC41

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FFEB and TENJ are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

TENJ ranks 3rd and FFEB 41st of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 4BSIXJAllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETFScore 65
  5. Rank 40CBNOVInnovator U.S. Equity Buffer ETFScore 50
  6. Rank 41CFFEBFT Vest U.S. Equity Buffer ETF - FebruaryScore 49
  7. Rank 42CBDECInnovator U.S. Equity Buffer ETFScore 47

Our read on each fund

ETF.net Research

FFEBCFT Vest U.S. Equity Buffer ETF - February

TENJBiShares Large Cap 10% Target Buffer Jun ETF

In short

FFEB The February door into First Trust's buffer lineup: it absorbs the first 10% of a year's decline in the SPDR S&P 500 ETF Trust, and caps the upside in exchange. Same recipe, reset every February since 2020.

TENJ No data

Stated mandate

FFEB 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 15.01% upside cap and a 10% downside buffer over the current target-outcome period.

TENJ No data

Why people hold it

  • FFEB Absorbs the first 10% of the reference S&P 500 ETF's price decline over each 12-month period, with a cap set at the February reset. Price return only, so dividends aren't included.ftportfolios.com
  • Running since February 2020, and First Trust fields a version for every calendar month, so you can start in any month or ladder several across the year.
  • The reference asset is the SPDR S&P 500 ETF Trust itself, not a bespoke index, and this is a multi-billion-dollar fund.

TENJ No data

Worth knowing

  • FFEB The 0.85% fee sits above the buffer-fund median, and cheaper builds exist in the group (BUFB charges 0.10%).
  • The cap resets each February and isn't known in advance. Buy mid-period and you inherit the remaining buffer and cap, not the headline terms.ftportfolios.com
  • It trades lightly for its size, so bid-ask spreads can matter more here than with mainstream index ETFs.

TENJ No data

Full FFEB profile⁠

Full TENJ profile⁠

FFEB vs TENJ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FFEB vs TENJ Cost

Overpaying FFEB vs TENJ

$5,663

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

  • FFEB 0.85%

    $16,199

  • TENJ 0.53%

    $10,536

$10,000
30 years

Cost over time

  • FFEB 0.85%
  • TENJ 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FFEB $16,199TENJ $10,536

Year by year

YearFFEBTENJOverpaying
10$1,508$953$555
20$5,706$3,658$2,048
30$16,199$10,536$5,663

Expense ratio

  • 0.85%FFEB
  • 0.53%TENJ, cheaper
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

TENJ 11th cheapest of 77 funds

FFEB 60th cheapest of 77 funds

FFEB vs TENJ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
FFEB None
TENJ No data
Last payment
FFEB No data
TENJ $0.07
Ex-dividend
FFEB No data
TENJ Dec 23, 2025
Paid on
FFEB No data
TENJ Dec 29, 2025
Frequency
FFEB No data
TENJ Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

FFEBAll FFEB payments⁠

No distribution history available.

TENJIrregular · 1 paymentAll TENJ payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.07. Use the arrow keys to read each point.$0$0.052026YTD

FFEB vs TENJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FFEB 7.7%TENJ 8.6%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
FFEB 1.60TENJ 0.90since Nov 2025
Worst fallMax drawdown, 5 years
FFEB −13.8%TENJ −5.5%since Oct 2025
Market sensitivityBeta, 5 years
FFEB 0.61TENJ 0.63

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