FT Vest U.S. Equity Deep Buffer ETF - January

Frequently Asked Questions About DJAN

What does DJAN invest in?

The FT Vest U.S. Equity Deep Buffer ETF - January (referred to as the "Fund") aims to mirror the price appreciation of the SPDR S&P 500 ETF Trust (the "Underlying ETF") up to a fixed maximum return of 11.63%. Simultaneously, it offers investors a buffer against potential declines in the Underlying ETF, covering losses that fall between -5% and -30%. These financial outcomes, including both the cap and the buffer, are considered before any fees and expenses are applied, and are relevant for the investment horizon from January 20, 2026, to January 15, 2027.

What is the expense ratio of DJAN?

FT Vest U.S. Equity Deep Buffer ETF - January (DJAN) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DJAN?

FT Vest U.S. Equity Deep Buffer ETF - January (DJAN) manages $456.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DJAN actively managed or an index fund?

DJAN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DJAN launched?

FT Vest U.S. Equity Deep Buffer ETF - January (DJAN) launched in January 2021 and is managed by First Trust.

How has DJAN performed?

DJAN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.