FT Vest U.S. Equity Deep Buffer ETF - June
DJUN
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FT Vest U.S. Equity Deep Buffer ETF - June (DJUN) is an exchange-traded fund that seeks to provide investors with specific target outcomes tied to the price return of the SPDR S&P 500 ETF (SPY), including participation in market upside up to a predefined cap and downside protection through a deep buffer against the first 30% of SPY losses over a one-year Target Outcome Period ending in June each year; the fund employs FLEX Options on SPY, with top holdings consisting primarily of long and short call and put options on SPDR S&P 500 ETF expiring in June, alongside exposure to U.S. large-cap equities across technology, financial services, consumer cyclical, communication services, and healthcare sectors. Launched on June 19, 2020, and domiciled in the United States with total net assets of approximately $281 million and a net expense ratio of 0.85%, DJUN trades on the Cboe BZX Exchange and is available to U.S. investors. The fund is part of First Trust Exchange-Traded Fund VIII, advised by First Trust Advisors L.P., based in Wheaton, Illinois, with Cboe Vest (formerly Vest Financial LLC, founded in 2012 and majority-acquired by Cboe Global Markets in 2016) serving as the creator of the underlying Target Outcome strategy. DJUN operates within the defined outcome ETF segment, targeting investors seeking equity market exposure with tailored risk management; it resets its cap and buffer annually based on prevailing market conditions at the start of each June Target Outcome Period, limiting upside beyond the cap while aiming to buffer substantial downside. Geographically, the fund maintains heavy U.S. equity allocation (over 98%), with minimal non-U.S. exposure. First Trust Advisors L.P., the investment adviser, and affiliate First Trust Portfolios L.P., the distributor, oversee portfolio management, with Karan Sood managing since inception and Trevor Lack joining in January 2025. Recent developments include First Trust entities reporting significant stakes in related FT Vest buffer ETFs, such as a 27% position in the FT Vest U.S. Equity Enhance & Moderate Buffer ETF – July in April 2025 and 69% in the FT Vest U.S. Equity Buffer ETF - March in September 2025, underscoring deepening alignment between First Trust and Cboe Vest product lines. Cboe Vest continues expanding its Target Outcome ETFs lineup, with First Trust launching additions like the FT Cboe Vest U.S. Equity Moderate Buffer ETF – January in early 2023, contributing to over $7.8 billion in assets across the buffer ETF suite as of late 2022; no specific product launches or reorganizations for DJUN were noted in the past 1-2 years, though ongoing annual Target Outcome Period resets represent standard operational evolution. The fund maintains daily pricing and liquidity on Cboe exchanges, with no reported major partnerships, funding rounds, or name changes specific to DJUN recently.