FT Vest U.S. Equity Buffer ETF - January
FJAN
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
FRC
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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 Buffer ETF - January (FJAN) 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 up to a predetermined upside cap, while offering a buffer against the first 10% of losses over a one-year target outcome period ending in January of each year; the fund invests substantially all of its assets in FLEX Options referencing the SPDR S&P 500 ETF Trust, which are customized exchange-traded options contracts guaranteed by the Options Clearing Corporation. The ETF trades on the Cboe BZX exchange in the United States and features a net expense ratio of 0.85%, with total net assets exceeding $1.12 billion; it is managed by First Trust Advisors L.P. and sub-advised by Vest Financial LLC, part of First Trust Exchange-Traded Fund VIII, with headquarters in Wheaton, Illinois, and was launched on January 15, 2021. In January 2025, First Trust launched a UCITS version of the FT Vest U.S. Equity Buffer ETF – January (FJAN) on the London Stock Exchange, expanding its Target Outcome ETF suite to European investors with the same 10% buffer and S&P 500-linked strategy, a total expense ratio of 0.85%, and an outcome period ending January 2026; this marks the first in a quarterly series of such UCITS buffer ETFs amid firmwide Target Outcome assets surpassing $25 billion as of September 2024. The fund targets investors seeking S&P 500 exposure with downside protection and reduced volatility, primarily retail and institutional investors in the defined outcome ETF segment; holdings are concentrated in FLEX Options on the SPDR S&P 500 ETF, providing indirect large-cap U.S. equity exposure across sectors like technology, financials, and consumer cyclicals.