XJUL

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

$38.48
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XJUL) seeks to provide investors with moderate upside exposure to the U.S. equity market while aiming to limit downside risk.

Overview

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

Category Other
Issuer Other
Inception Date 2023-07-24
Market Cap $48.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $32.87 - $38.73
VWAP $38.47

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF (XJUL) seeks to provide investors with moderate upside exposure to the U.S. equity market while aiming to limit downside risk.

🎯 Investment Strategy

XJUL invests in a portfolio of U.S. equity securities and uses options strategies to enhance returns and provide a moderate level of downside protection. The fund aims to capture a portion of the upside in rising markets while limiting losses in declining markets.

✨ Key Features

  • Moderate upside exposure to U.S. equities
  • Downside buffer to limit losses in declining markets
  • Options-based strategy to enhance returns and manage risk
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the U.S. equity market, which can be volatile
  • Options risk: The use of options strategies can introduce additional risks and complexities
  • Liquidity risk: As a new fund, XJUL may have lower trading volume and liquidity
  • Tracking error risk: The fund's performance may deviate from its target benchmark

👤 Best For

XJUL may be suitable for investors seeking moderate growth potential from U.S. equities while aiming to limit downside risk. The fund's options-based strategy and downside buffer may appeal to investors with a moderate risk tolerance who are looking for a more defensive equity exposure.