FJUL

FT Vest U.S. Equity Buffer ETF - July

$54.85
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - July (FJUL) seeks to provide investors with a buffer against losses in the U.S. equity market during a specified 12-month period, while providing upside participation.

Overview

ETF tracking FT Vest U.S. Equity Buffer ETF - July

Category Other
Issuer Other
Inception Date 2020-07-20
Market Cap $1.1B
Average Volume N/A
Dividend Yield N/A
52-Week Range $43.86 - $55.46
VWAP $54.86

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - July (FJUL) seeks to provide investors with a buffer against losses in the U.S. equity market during a specified 12-month period, while providing upside participation.

🎯 Investment Strategy

FJUL is a buffer ETF that aims to provide a level of protection against losses in the U.S. equity market during a 12-month period. The fund uses a options-based strategy to provide a buffer against the first 10-15% of losses in the underlying index, while allowing for participation in a portion of the index's gains.

✨ Key Features

  • Seeks to provide a buffer against the first 10-15% of losses in the U.S. equity market during a 12-month period
  • Allows for participation in a portion of the underlying index's gains
  • Resets the buffer and upside participation on an annual basis
  • Designed to help manage downside risk in U.S. equity investments

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the performance of the U.S. equity market, and it may lose value during market downturns
  • Option risk: The fund's use of options exposes it to the risks associated with the options market, including potential losses beyond the initial investment
  • Liquidity risk: The fund may have difficulty buying or selling certain securities, which could affect its performance
  • Concentration risk: The fund's focus on the U.S. equity market means it may be more vulnerable to factors affecting that market

👤 Best For

The FT Vest U.S. Equity Buffer ETF - July may be suitable for investors seeking to manage downside risk in their U.S. equity exposure, while still maintaining some upside potential. It may be particularly appealing to investors with a moderate risk tolerance who are concerned about potential market volatility during the 12-month period.