FT Vest U.S. Equity Deep Buffer ETF - January
DJAN
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jan 19, 2021
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Deep Buffer ETF - January (DJAN) is an actively managed exchange-traded fund that seeks to provide investors with returns, before fees and expenses, that match the price return of the SPDR S&P 500 ETF Trust (SPY) up to a cap, while offering a buffer against SPY losses of between -5% and -30% over a defined one-year Target Outcome Period. The fund invests substantially all of its assets in Flexible Exchange (FLEX) Options referencing SPY, including call and put options; collateral investments; and cash equivalents, with holdings concentrated in options on SPDR S&P 500 ETF expiring in January of the relevant period. It operates within the defined outcome ETF segment of the U.S. equity market, targeting investors seeking buffered downside protection and capped upside participation in large-cap U.S. equities, and trades on the Cboe BZX Exchange with shares available to U.S. investors. The fund follows a perpetual structure, resetting its cap and buffer at the end of each annual Target Outcome Period based on prevailing market conditions, such as the recent reset offering approximately 14% gross upside potential with 25% downside protection (-5% to -30%). First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, serves as investment adviser, with an affiliate First Trust Portfolios L.P. acting as distributor; the fund is part of First Trust Exchange-Traded Fund VIII and utilizes target outcome strategies licensed from Vest Financial LLC. Recent developments include routine monthly distributions announced by First Trust Advisors L.P. through 2025 and the firm's expansion of its target outcome ETF lineup with launches such as DLAG in September 2025, alongside new board and audit committee appointments in March 2024 and ongoing 19a-1 notices for First Trust Exchange-Traded Fund VIII; no major acquisitions, partnerships, or reorganizations specific to DJAN were reported in the past 1-2 years.