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ETFs

FT Cboe Vest U.S. Equity Buffer ETF - June

FJUN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 19 2020
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$913,598
AUM
$523,644,831
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
2024-06-21 SPDR S&P 500 ETF Trust C 4.39
96.98%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 439.46
4.68%
n/a
US Dollar
0.98%
n/a
2024-06-21 SPDR S&P 500 ETF Trust C 519.66
-0.32%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 395.51
-2.31%
Invest with FJUN

What is FJUN?

The investment objective of the FT Cboe Vest U.S. Equity Buffer ETF - June is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 17.72% (before fees, expenses and taxes) and 16.87% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from June 22, 2020 to June 18, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the SPDR S&P 500 ETF Trust.

ETFs related toFJUN

ETFs correlated to FJUN include BJUL, PJUL, VOO

FJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - June
BJUL
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - July
PJUL
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - July
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFJUN

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FJUN using Composer

FAQ

FJUN is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Buffer ETF - June is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 17.72% (before fees, expenses and taxes) and 16.87% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from June 22, 2020 to June 18, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the SPDR S&P 500 ETF Trust.

FJUN tracks the SPDR S&P 500 ETF Trust.

No, FJUN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FJUN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FJUN is -0.0044%. This is the percent change in the value of FJUN over the most recent 1-month period. The 3-month return on FJUN is 0.0071%. This is the percent change in the value of FJUN over the most recent 3-month period.

The standard deviation of FJUN for the past year is 0.1236%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FJUN include DJUL, DAUG, and FAUG.

ETFs correlated to FJUN include BJUL, PJUL, and VOO.

ETFs that are inversely correlated to FJUN include SH, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.