# XJUL (FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July)

First Trust · Buffer ETFs · data as of Sep 21, 2026

As of Sep 21, 2026, XJUL is between its buffer and cap, with SPY up 4.1% since the period began.

## Key facts

- XJUL, can still gain: 8.0%, as of Sep 21, 2026.
- XJUL, fall before the buffer: 3.1%, as of Sep 21, 2026.
- XJUL, protection left, index points: 15.0%, as of Sep 21, 2026.
- XJUL, days to reset: 298, as of Sep 21, 2026.
- XJUL, net assets: $42m (issuer page, as of Sep 18, 2026).
- XJUL, expense ratio: 0.85% (issuer page, Sep 21, 2026).

## XJUL over each window to Sep 21, 2026

| Window | Total return | SPY | Gap to SPY |
| --- | --- | --- | --- |
| 3 months | +2.3% | +2.3% | +0.1 pts |
| 6 months | +7.5% | +18.0% | −10.6 pts |
| 1 year | +8.6% | +16.6% | −8.0 pts |
| 3 years | +35.3% | +78.4% | −43.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 15% | ETFIQ |
| Outcome period | Jul 20, 2026 to Jul 16, 2027 | ETFIQ |
| Starting cap | +11.4% | ETFIQ |
| SPY return since period start | +4.1% | ETFIQ |
| Fund return since period start | +2.4% | ETFIQ |
| Net assets | $42m | issuer page, as of Sep 18, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 8.0% | issuer, fund price |
| Fall before buffer | 3.1% | issuer, fund price |
| Fall to the buffer in index terms | 3.9% | ETFIQ |
| Protection left in index points | 15.0% of 15.0% | ETFIQ |
| Days left in period | 298 | ETFIQ |
| Expense ratio | 0.85% | issuer page, Sep 21, 2026 |

## Questions

### How much can XJUL still gain?

About 8.0% from its price on Sep 21, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +11.4%.

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

3.1% in fund-price terms on Sep 21, 2026, by the issuer's figure. In index terms SPY can fall 3.9% from that level before the buffer begins. Losses until that point are the holder's.

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

15.0% of the 15.0% buffer sat below the SPY level on Sep 21, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does XJUL reset?

The outcome period ends on Jul 16, 2027, 298 days from the data on Sep 21, 2026. A new cap is set the next day and the buffer starts again.

### What does XJUL cost?

The prospectus expense ratio is 0.85% a year.


## Cite this page

ETFIQ, XJUL, data as of Sep 21, 2026. https://etfiq.com/funds/xjul
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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