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ETFs

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

GJUN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 16 2023
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$1,179,885
AUM
$326,725,809
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
2024-06-21 SPDR S&P 500 ETF Trust C 4.41
96.64%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 439.48
4.67%
n/a
US Dollar
0.97%
n/a
2024-06-21 SPDR S&P 500 ETF Trust C 503.84
-0.63%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 373.56
-1.65%
Invest with GJUN

What is GJUN?

The investment objective of the FT Cboe Vest U.S. Equity Moderate Buffer ETF - June 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 14.65% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from June 20, 2023 through June 21, 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 toGJUN

ETFs correlated to GJUN include BSEP, DECZ, GAUG

GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
BSEP
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - September
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
STRV
EA Series Trust - Strive 500 ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity 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.

FAQ

GJUN is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Moderate Buffer ETF - June 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 14.65% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from June 20, 2023 through June 21, 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.

GJUN tracks the SPDR S&P 500 ETF Trust.

No, GJUN 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, GJUN 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 GJUN is -0.001%. This is the percent change in the value of GJUN over the most recent 1-month period. The 3-month return on GJUN is 0.0067%. This is the percent change in the value of GJUN over the most recent 3-month period.

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

ETFs correlated to GJUN include BSEP, DECZ, and GAUG.

ETFs that are inversely correlated to GJUN include SPXS, SH, and SDS.

Disclaimers

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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.