Data as of . Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page.
GJAN · FT Vest U.S. Equity Moderate Buffer ETF - January
First Trust · Buffer desk
Open the live card on ETFIQFrom its price on Sep 4, 2026, the fund can gain about 3.8% more before it reaches its cap. The fund's price can fall 7.3% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 10.2% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 133 days remained on Sep 4, 2026. On Jan 15, 2027 the period ends and a new cap is set.
| Reference index | SPY |
|---|---|
| Buffer | |
| Outcome period | Jan 20, 2026 to Jan 15, 2027 |
| Starting cap | +11.8% |
| SPY return since period start | +11.3% |
| Fund return since period start | +6.9% |
| Band state today (ETFIQ) | Open |
| Can still gain (issuer, fund price) | 3.8% |
| Fall before buffer (issuer, fund price) | 7.3% |
| Fall to the buffer in index terms (ETFIQ) | 10.2% |
| Protection left in index points (ETFIQ) | 15.0% of 15.0% |
| Days left in period | 133 |
| Expense ratio | 0.85% |
Questions people ask
- How much can GJAN still gain?
- About 3.8% from its price on Sep 4, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +11.8%.
- How far can GJAN fall before the buffer helps?
- 7.3% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 10.2% from that level before the buffer begins. Losses until that point are the holder's.
- How much of the GJAN buffer is left?
- 15.0% of the 15.0% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
- When does GJAN reset?
- The outcome period ends on Jan 15, 2027, 133 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
- What does GJAN cost?
- The prospectus expense ratio is 0.85% a year.
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.
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Cite this page. ETFIQ, GJAN on the buffer desk, data as of Sep 4, 2026. https://etfiq.com/funds/GJAN.html Free to use with attribution; the underlying files are at Open data.
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