Skip to Content
ETFs

FT Cboe Vest U.S. Equity Moderate Buffer ETF - July

GJUL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 21 2023
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$3,310,888
AUM
$214,177,560
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
2024-07-19 SPDR S&P 500 ETF Trust C 4.54
95.71%
n/a
2024-07-19 SPDR S&P 500 ETF Trust P 452.20
5.84%
n/a
US Dollar
1.03%
n/a
2024-07-19 SPDR S&P 500 ETF Trust C 516.84
-0.50%
n/a
2024-07-19 SPDR S&P 500 ETF Trust P 384.35
-2.08%
Invest with GJUL

What is GJUL?

The investment objective of the FT Cboe Vest U.S. Equity Moderate Buffer ETF - July is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF Trust (the Underlying ETF), up to a predetermined upside cap of 14.30% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 24, 2023 through July 19, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (FLEX Options) that reference the price performance of the SPDR S&P 500 ETF Trust.

ETFs related toGJUL

ETFs correlated to GJUL include VONE, DJUL, SPY

GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
DJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - July
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF

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 toGJUL

#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 GJUL using Composer

FAQ

GJUL is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Moderate Buffer ETF - July is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF Trust (the Underlying ETF), up to a predetermined upside cap of 14.30% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 24, 2023 through July 19, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (FLEX Options) that reference the price performance of the SPDR S&P 500 ETF Trust.

GJUL tracks the SPDR S&P 500 ETF Trust.

No, GJUL 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, GJUL 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 GJUL is -0.0036%. This is the percent change in the value of GJUL over the most recent 1-month period. The 3-month return on GJUL is %. This is the percent change in the value of GJUL over the most recent 3-month period.

ETFs similar to GJUL include DAUG, FAUG, and FFEB.

ETFs correlated to GJUL include VONE, DJUL, and SPY.

ETFs that are inversely correlated to GJUL include SPXU, SPXS, and SDS.

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.