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

The First Trust Exchange-Traded Fund VIII - FT Cboe Vest International Equity Buffer ETF - June (BATS:YJUN) is designed to provide investors with exposure to international equities through a structured outcome strategy. Under normal market conditions, the fund allocates substantially all of its assets to FLEX Options that track the performance of the iShares MSCI EAFE ETF, which serves as the underlying reference asset. This approach enables the fund to offer a defined outcome investment strategy, aiming to provide a specific risk-return profile. The fund is classified as non-diversified, meaning it may concentrate its investments in a smaller number of securities or strategies.

FLEX Options are a type of customizable exchange-traded option contract that allows the fund to tailor key terms such as strike prices, expiration dates, and option styles. This flexibility enables the fund to implement its defined outcome strategy more effectively, targeting specific investment objectives such as capital protection or enhanced returns within a predefined period. By leveraging these options, the fund seeks to deliver returns that align with the price performance of the iShares MSCI EAFE ETF while incorporating risk management features.

The fund trades on the BATS exchange under the ticker symbol YJUN and is categorized as a Defined Outcome ETF. Its average trading volume over the past 20 days is approximately 14,137 shares, with a last price of $22.90. The funds performance is monitored through various technical indicators, including its 20-day, 50-day, and 200-day simple moving averages, which stand at $22.63, $22.14, and $22.25, respectively. The Average True Range (ATR) of 0.18 indicates relatively low price volatility. The funds assets under management (AUM) total $164.49 million, reflecting investor interest in its strategy.