# FJAN (FT Vest U.S. Equity Buffer ETF - January)

First Trust · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, FJAN sits between its buffer and its cap, with SPY up 10.5% since the period began.

## Key facts

- FJAN, can still gain: 5.3%, as of Sep 11, 2026.
- FJAN, fall before the buffer: 8.1%, as of Sep 11, 2026.
- FJAN, protection left, index points: 10.0%, as of Sep 11, 2026.
- FJAN, days to reset: 126, as of Sep 11, 2026.
- FJAN, net assets: $1.5bn (issuer page, as of Sep 11, 2026).
- FJAN, expense ratio: 0.85% (issuer page, Sep 11, 2026).

## FJAN over each window to Sep 11, 2026

| Window | Total return | SPY | Gap to SPY |
| --- | --- | --- | --- |
| 3 months | +3.2% | +3.3% | −0.1 pts |
| 6 months | +11.2% | +16.0% | −4.8 pts |
| 1 year | +13.7% | +17.5% | −3.8 pts |
| 3 years | +50.6% | +77.9% | −27.3 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 10% | ETFIQ |
| Outcome period | Jan 20, 2026 to Jan 15, 2027 | ETFIQ |
| Starting cap | +14.5% | ETFIQ |
| SPY return since period start | +10.5% | ETFIQ |
| Fund return since period start | +7.9% | ETFIQ |
| Net assets | $1.5bn | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 5.3% | issuer, fund price |
| Fall before buffer | 8.1% | issuer, fund price |
| Fall to the buffer in index terms | 9.5% | ETFIQ |
| Protection left in index points | 10.0% of 10.0% | ETFIQ |
| Days left in period | 126 | ETFIQ |
| Expense ratio | 0.85% | issuer page, Sep 11, 2026 |

## Questions

### How much can FJAN still gain?

About 5.3% 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 +14.5%.

### How far can FJAN fall before the buffer helps?

8.1% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 9.5% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the FJAN buffer is left?

10.0% of the 10.0% buffer sat below the SPY level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does FJAN reset?

The outcome period ends on Jan 15, 2027, 126 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does FJAN cost?

The prospectus expense ratio is 0.85% a year.


## Cite this page

ETFIQ, FJAN, data as of Sep 11, 2026. https://etfiq.com/funds/fjan
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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