(QJUN) First Trust Exchange-Traded - Ratings and Ratios

The FT Cboe Vest Growth-100 Buffer ETF - June (QJUN) is a defined outcome ETF designed to provide exposure to the performance of the Nasdaq-100 index, as represented by the Invesco QQQ TrustSM, Series 1 (QQQ), with a built-in buffer against losses. Under normal market conditions, the fund allocates substantially all of its assets to FLEX Options, which are customized exchange-traded options that allow for precise targeting of specific outcomes. These options are tied to the price performance of the underlying ETF, enabling the fund to offer a buffered investment approach. The ETF is non-diversified, meaning it can concentrate its investments in a smaller number of securities or strategies, which may increase risk but also allows for targeted exposure to the underlying index.

Based on the provided data, the funds technical indicators suggest a near-term consolidation phase. The ETF is currently trading below its 20-day and 50-day moving averages but above its 200-day moving average, indicating potential support at higher timeframes. The Average True Range (ATR) of 0.29 reflects low volatility, suggesting a stable trading environment. The funds assets under management (AUM) of $506.09 million highlight its appeal as a defined outcome strategy, particularly for investors seeking downside protection in growth-oriented portfolios.