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XDEC vs XJAN

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December

XDECCCboe

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January

XJANCCboe

Overlap

0.4%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

XDEC0.85%XJAN0.85%

Avg volume · 30D

XJAN 1.6×the volume

XDEC7.96KXJAN12.7K

XDEC vs XJAN Performance

Oct 31, 2025 – Oct 30, 2026

+8.8%XDEC+8.5%XJAN

Oct 31, 2025 to Oct 30, 2026. XDEC +8.8%. XJAN +8.5%. Use the arrow keys to read each point.−2.5%0%2.5%5%Oct 2025Apr 2026Oct 2026
Expense ratio
XDEC 0.85%
XJAN 0.85%
Fund size
XDEC $208M
XJAN $72M
1Y total return
XDEC +8.8%, better
XJAN +8.5%
Holdings
XDEC 4
XJAN 4
Avg volume (30D)
XDEC 7.96K sh
XJAN 12.7K sh, better
NAV per share
XDEC $43.98
XJAN $39.37
52W range

ETF.net Grade

XDEC: Cost 40, Risk 44, Mission not scored, Tradability 36, Holdings 58, Durability 79. XJAN: Cost 40, Risk 44, Mission not scored, Tradability 83, Holdings not scored, Durability 41.
Pillar letters and Scores for XDEC, XJAN, with each pillar’s weight
PillarXDECXJAN
Cost30% weightC40C40
Mission25% weightNot scoredNot scored
Risk15% weightC44C44
Tradability15% weightD36A83Higher
Holdings10% weightB58Not scored
Durability5% weightA79HigherC41

Rank among S&P 500 Accelerated, 15% Buffer funds

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

Same Category. XDEC and XJAN are both graded against the same 7 S&P 500 Accelerated, 15% Buffer funds, so their Grades compare head to head.

S&P 500 Accelerated, 15% Buffer⁠

Category · 7 funds
See all 7 ›

XJAN ranks 4th and XDEC 6th of 7 funds in the S&P 500 Accelerated, 15% Buffer Category.

  1. Rank 1BXMARFT Vest U.S. Equity Enhance & Moderate Buffer ETF - MarchScore 54
  2. Rank 2CXNOVFT Vest U.S. Equity Enhance & Moderate Buffer ETF - NovemberScore 52
  3. Rank 3CXSEPFT Vest U.S. Equity Enhance & Moderate Buffer ETF - SeptemberScore 51
  4. Rank 4CXJANFT Vest U.S. Equity Enhance & Moderate Buffer ETF - JanuaryScore 50
  5. Rank 4BXJUNFT Vest U.S. Equity Enhance & Moderate Buffer ETF - JuneScore 50
  6. Rank 6CXDECFT Vest U.S. Equity Enhance & Moderate Buffer ETF - DecemberScore 44
  7. Rank 7CCTAUCorgi U.S. Equities 30% Structured Buffer ETF - August SeriesScore 40

Our read on each fund

ETF.net Research

XDECCFT Vest U.S. Equity Enhance & Moderate Buffer ETF - December

XJANCFT Vest U.S. Equity Enhance & Moderate Buffer ETF - January

In short

XDEC Most buffered funds trade upside away for protection. This December-dated First Trust fund goes after both: roughly twice the price gain of the SPDR S&P 500 ETF Trust up to a yearly cap, with the first 15% of losses absorbed.

XJAN No data

Stated mandate

XDEC The Fund seeks approximately twice the positive price return of the State Street® SPDR® S&P 500® ETF Trust, subject to a 10.06% upside cap and protection against the first 15% of losses during the stated outcome period.

XJAN No data

Why people hold it

  • XDEC Accelerated and buffered in one wrapper: it aims for about 2x the reference ETF's positive price return up to a cap, while absorbing the first 15% of a decline over the outcome period.
  • The reference is the SPDR S&P 500 ETF Trust itself, not a custom index built for the product, so the exposure being doubled is plain US large-cap.
  • One rung of a dated ladder. Siblings like XMAR, XJUN and XNOV run the same structure on different reset months, so entry isn't pinned to a single December date.
  • Live since 2021, which puts several full December-to-December outcome periods behind the strategy rather than a single test run.

XJAN No data

Worth knowing

  • XDEC At 0.85% a year it runs above accelerated peers such as XTAP and XDSQ at 0.79%. Layered options structures carry a higher price tag than plain beta.
  • The cap and buffer are engineered for a full outcome period, December to December, and the cap is reset at each new period. Buy mid-period and your own cap and remaining buffer differ from the headline terms.
  • Thinly traded next to mainstream index funds, so limit orders earn their keep. The design targets price return, not an income stream.

XJAN No data

Full XDEC profile⁠

Full XJAN profile⁠

XDEC vs XJAN Holdings

How XDEC and XJAN differ

Overlap by weight

0.4%

Shared holdings make up 0.5% of XJAN and 0.4% of XDEC.

Level by level

  • Holdings0 in both0.4%
  • Countryby domicile100%

Sector

No Sector split for XJAN.

Country, concentration and asset class

Country by domicile

Country weights in XDEC and XJAN, widest gap first
CountryMore in XDECMore in XJAN
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • XDEC114.2%
  • XJAN112.8%

Securities held

  • XDEC3
  • XJAN3

Asset class

XDEC
Multi-Asset
XJAN
Multi-Asset

Holdings

  • Only in XDEC3
  • In both0
  • Only in XJAN3

Only in XDEC

3 securities, 100% of XDEC by weight

  • 2026-12-18 State Street® SPDR® S&P 500® ETF Trust C 6.82102.01%
  • 2026-12-18 State Street® SPDR® S&P 500® ETF Trust C 680.6011.27%
  • 2026-12-18 State Street® SPDR® S&P 500® ETF Trust P 680.600.51%

Only in XJAN

3 securities, 100% of XJAN by weight

  • 2027-01-15 State Street® SPDR® S&P 500® ETF Trust C 6.93101.17%
  • 2027-01-15 State Street® SPDR® S&P 500® ETF Trust C 691.6710.25%
  • 2027-01-15 State Street® SPDR® S&P 500® ETF Trust P 691.670.94%

Weight gaps

XDEC and XJAN share no securities.

All 5 XDEC holdings⁠All 5 XJAN 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.

XDEC vs XJAN Cost

Same expense ratio

$16,199

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

  • XDEC 0.85%

    $16,199

  • XJAN 0.85%

    $16,199

$10,000
30 years

Cost over time

  • XDEC 0.85%
  • XJAN 0.85%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XDEC $16,199XJAN $16,199

Year by year

YearXDECXJAN
10$1,508$1,508
20$5,706$5,706
30$16,199$16,199

Expense ratio

  • 0.85%XDEC
  • 0.85%XJAN
  • Middle half of S&P 500 Accelerated, 15% Buffer funds
  • Median 0.85%

XDEC 2nd cheapest of 7 funds

XJAN 2nd cheapest of 7 funds

XDEC vs XJAN Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
XDEC None
XJAN None

Distribution history

XDECAll XDEC payments⁠

No distribution history available.

XJANAll XJAN payments⁠

No distribution history available.

XDEC vs XJAN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
XDEC 4.3%XJAN 4.3%since Feb 2024Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
XDEC 1.23XJAN 1.03since Feb 2024
Worst fallMax drawdown, 5 years
XDEC −11.7%since Dec 2021XJAN −10.0%since Jan 2024
Market sensitivityBeta, 5 years
XDEC 0.30XJAN 0.34

Popular comparisons

  • XDECCvsXMARB

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XJANCvsXMARB

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - March

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XDECCvsXNOVC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XJANCvsXNOVC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XDECCvsXSEPC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XJANCvsXSEPC

    FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January · FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September

    Expense ratio
    0.85% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.