# FT Vest U.S. Equity Buffer ETF - January (FJAN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fjan for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Multi-Asset - Strategy: Buffered · Inception: 2021-01-15 The FT Vest U.S. Equity Buffer ETF - January (the "Fund") is structured to deliver returns to investors, before factoring in fees and expenses, that replicate the price movement of the SPDR S&P 500 ETF Trust (the "Underlying ETF"). This objective is met with a predetermined maximum upside potential of 14.53%. Concurrently, the Fund provides a buffer, also before fees and expenses, against the first 10% of any declines in the Underlying ETF. These conditions apply for the specific term from January 20, 2026, until January 15, 2027. ## Key Facts | Metric | Value | |---|---| | Price | $56.57 | | Expense Ratio | 0.85% | | Assets Under Management | $1.48B | | NAV | $56.58 | | Holdings Count | 4 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $49.23 – $57.31 | | Beta | 0.58 | ## Frequently Asked Questions ### What does FJAN invest in? The FT Vest U.S. Equity Buffer ETF - January (the "Fund") is structured to deliver returns to investors, before factoring in fees and expenses, that replicate the price movement of the SPDR S&P 500 ETF Trust (the "Underlying ETF"). This objective is met with a predetermined maximum upside potential of 14.53%. Concurrently, the Fund provides a buffer, also before fees and expenses, against the first 10% of any declines in the Underlying ETF. These conditions apply for the specific term from January 20, 2026, until January 15, 2027. ### What is the expense ratio of FJAN? FT Vest U.S. Equity Buffer ETF - January (FJAN) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FJAN? FT Vest U.S. Equity Buffer ETF - January (FJAN) manages $1.48B 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 FJAN actively managed or an index fund? FJAN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FJAN launched? FT Vest U.S. Equity Buffer ETF - January (FJAN) launched in January 2021 and is managed by First Trust. ### How has FJAN performed? FJAN'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. ### Does FJAN pay a dividend? FT Vest U.S. Equity Buffer ETF - January (FJAN) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FJAN pay dividends? FT Vest U.S. Equity Buffer ETF - January pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FJAN's dividend yield? FJAN's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FJAN's next ex-dividend date? FJAN hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will FJAN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FJAN charge its expense ratio? The expense ratio is deducted in tiny daily slices from FJAN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FJAN cost more than a fund like VOO? FJAN's strategy (current expense ratio 0.85%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FJAN sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FJAN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FJAN (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fjan - Distribution history: https://www.dividenddata.com/funds/fjan/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fjan/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fjan/expenses - Peer comparison: https://www.dividenddata.com/funds/fjan/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.