Get the weekly note
ETFIQetfiq.com · independent ETF data

BFJA FT Vest Bitcoin Strategy Floor15 ETF - January

Absorbs losses from 15.0% to 100.0% on CBTX and caps the gain at 28.1%, over a period ending Jan 8, 2027

As of Sep 11, 2026, CBTX is down 14.5% and BFJA's protection has not yet begun.

First Trust · Buffer ETFs · data as of

Key facts

38.5%Can still gain
8.4%Fall before the buffer
85.0%Protection left, index points
119Days to reset

Method

370th of 380 buffer ETFs by net assets

BFJAIn the unprotected slice
full floor beneath+28.1% more to the capfull floor−15.0% buffer start0% period start+28.1% capTODAY · CBTX −14.5%full floor beneathfull floor−15.0% buffer start0% start+28.1% capTODAY · CBTX −14.5%

Method

In plain words

The fund's price can fall 8.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, CBTX can fall 0.6% from today's level to the point where the buffer begins. Protection left, in index points: 85.0% of the 85.0% buffer still sits below today's CBTX level. 119 days remained on Sep 11, 2026. On Jan 8, 2027 the period ends and a new cap is set.

BFJA (FT Vest Bitcoin Strategy Floor15 ETF - January), buffer ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Reference indexCBTX
Buffer15% to 100%
Outcome periodJan 12, 2026 to Jan 8, 2027
Starting cap+28.1%
CBTX return since period start−14.5%
Fund return since period start−8.2%
Net assets (issuer page, as of Sep 11, 2026)$919,482
Band state today (ETFIQ)Open
Can still gain (issuer, fund price)38.5%
Fall before buffer (issuer, fund price)8.4%
Fall to the buffer in index terms (ETFIQ)0.6%
Protection left in index points (ETFIQ)85.0% of 85.0%
Days left in period119
Expense ratio (issuer page, Sep 11, 2026)0.90%

Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page. How these figures are computed

Questions people ask

How much can BFJA still gain?
About 38.5% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +28.1%.
How far can BFJA fall before the buffer helps?
8.4% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms CBTX can fall 0.6% from that level before the buffer begins. Losses until that point are the holder's.
How much of the BFJA buffer is left?
85.0% of the 85.0% buffer sat below the CBTX level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does BFJA reset?
The outcome period ends on Jan 8, 2027, 119 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.
What does BFJA cost?
The prospectus expense ratio is 0.90% a year.

The words on this page

Buffer
The first slice of loss the fund absorbs for you over its outcome period, stated on the reference index. A 15% buffer means the index can fall 15% before you take any of it.
Cap
The most the fund can return over the period, however far the index rises. It is the price paid for the buffer.
Outcome period
The window the buffer and cap apply over, usually a year. Both are set at the start and only hold if you are there for the whole of it.
Reset
The day one outcome period ends and the next begins, with a fresh buffer and a fresh cap struck at that day’s level.
Protection left
The part of the buffer still below today’s index level. A buffer bought mid-period is not the full buffer; this is what is left of it.

Every term used here, defined in full on the buffer ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

Put this on your own page

The outcome band for BFJA, redrawn every trading night. Free to use with the credit link.

BFJA outcome band, ETFIQ

Copy the embed code
<a href="https://etfiq.com/funds/BFJA"><img src="https://etfiq.com/embed/buffer/BFJA.svg" alt="BFJA outcome band, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/BFJA">BFJA outcome band, updated daily by ETFIQ</a></p>

Where BFJA is written about

BFJA, Buffer ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open BFJA live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, BFJA, buffer ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/BFJA Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources