(FJAN) Exchange-Traded Fund VIII - Overview
Etf: FLEX Options, S&P 500, ETF, Buffer, January
| Risk 5d forecast | |
|---|---|
| Volatility | 10.7% |
| Relative Tail Risk | -0.96% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.66 |
| Alpha | 0.99 |
| Character TTM | |
|---|---|
| Beta | 0.636 |
| Beta Downside | 0.676 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.92% |
| CAGR/Max DD | 1.16 |
Description: FJAN Exchange-Traded Fund VIII January 19, 2026
First Trust FT Cboe Vest U.S. Equity Buffer ETF (ticker FJAN) is a non-diversified, “Defined-Outcome” ETF that allocates virtually all of its capital to customized FLEX options on the SPDR S&P 500 ETF (SPY). These exchange-traded contracts let the fund set bespoke strike prices, option styles, and expirations, aiming to deliver a buffered return profile that caps upside while limiting downside relative to the S&P 500 under normal market conditions.
Key quantitative drivers to watch include: (1) the fund’s expense ratio (≈ 0.50 % annually) which directly erodes net returns; (2) the implied volatility of the underlying SPY options (often proxied by the VIX) because higher volatility inflates option premiums and thus the buffer’s cost; and (3) the macro-economic backdrop-especially Federal Reserve policy and earnings season-since shifts in interest rates and corporate profit outlooks materially affect S&P 500 price dynamics, which in turn influence the effectiveness of the buffer strategy.
For a deeper, data-rich analysis of how FJAN’s buffer performance stacks up against alternative outcome-based products, you may find ValueRay’s interactive dashboards useful.
What is the price of FJAN shares?
Over the past week, the price has changed by +0.03%, over one month by +0.44%, over three months by +3.71% and over the past year by +12.19%.
Is FJAN a buy, sell or hold?
What are the forecasts/targets for the FJAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 59.3 | 13.5% |
FJAN Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.18b USD (1.18b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.18b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.18b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.26% (E(1.18b)/V(1.18b) * Re(8.26%) + (debt-free company))
Discount Rate = 8.26% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)