Skip to Content
ETFs

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

XJUN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 12 2021
Expense Ratio
0.85%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$2,641,320
AUM
$312,550,066
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 4.40
95.68%
n/a
2024-06-21 SPDR S&P 500 ETF Trust C 439.47
5.96%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 439.47
4.91%
n/a
US Dollar
0.94%
n/a
2024-06-21 SPDR S&P 500 ETF Trust P 373.55
-1.65%
n/a
2024-06-21 SPDR S&P 500 ETF Trust C 464.96
-5.84%
Invest with XJUN

What is XJUN?

The investment objective of the FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June (the "Fund") is to seek to provide investors with returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 6.16% (before fees and expenses), while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 13, 2021 to June 17, 2022. 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 "Underlying ETF".

ETFs related toXJUN

ETFs correlated to XJUN include XBJL, GJUL, GAUG

XJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SSO
ProShares Trust - ProShares Ultra S&P500 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 toXJUN

#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 XJUN using Composer

FAQ

XJUN is a US Equities ETF. The investment objective of the FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June (the "Fund") is to seek to provide investors with returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 6.16% (before fees and expenses), while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 13, 2021 to June 17, 2022. 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 "Underlying ETF".

XJUN tracks the SPDR S&P 500 ETF Trust.

No, XJUN 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, XJUN 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 XJUN is 0.0019%. This is the percent change in the value of XJUN over the most recent 1-month period. The 3-month return on XJUN is 0.01%. This is the percent change in the value of XJUN over the most recent 3-month period.

The standard deviation of XJUN for the past year is 0.073%. 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 XJUN include DJUL, DAUG, and FAUG.

ETFs correlated to XJUN include XBJL, GJUL, and GAUG.

ETFs that are inversely correlated to XJUN include SDS, SPDN, and SPXS.

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.