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

Frequently Asked Questions About GJAN

What does GJAN invest in?

The FT Vest U.S. Equity Moderate Buffer ETF - January, or "the Fund," is designed to mirror the price appreciation of the SPDR S&P 500 ETF Trust (referred to as the "Underlying ETF") for its investors. Its strategy includes a maximum potential gain, or "upside cap," set at 11.81%. Concurrently, it provides a protective "buffer" against the initial 15% of any losses incurred by the Underlying ETF. These targeted returns and the downside protection are both calculated before any fees and expenses are deducted. This investment approach is specifically applicable over the period from January 20, 2026, through January 15, 2027.

What is the expense ratio of GJAN?

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

How big is GJAN?

FT Vest U.S. Equity Moderate Buffer ETF - January (GJAN) manages $436.3M 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 GJAN actively managed or an index fund?

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

When was GJAN launched?

FT Vest U.S. Equity Moderate Buffer ETF - January (GJAN) launched in January 2023 and is managed by First Trust.

How has GJAN performed?

GJAN'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.