First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer & Premium Income ETF - June (XIJN)
ETF overview
XIJN provides no upside potential. Instead, the fund aims for a targeted rate of income and limited downside protection over a one-year period starting each June. The actively managed portfolio consists of FLEX options that reflect the price performance of SPY and short-term US Treasurys. The premiums received by selling at-the-money call options are used to purchase a laddered portfolio of US Treasury securities. A portion of these securities matures on or about each monthly distribution. At each outcome period, the fund provides a targeted level of income and a buffer against the first 10% of SPYs losses. The target income level will vary based on current market conditions, and any subsequent losses after the 10% buffer will be experienced by the investors on a one-to-one basis. The fund must be held during the entire return period to achieve the intended results. Investors who buy at any other time than the annual reset day may have a different investment return.
Fund facts
- Expense ratio
- 0.85%
- Fund assets
- 50.03M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jun 21, 2024
- Number of holdings
- 13
Holdings (13)
| Name | Ticker | Weight |
|---|---|---|
| 2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.07 | 100.87% | |
| 2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.73 | 3.76% | |
| U.S. Treasury Bill, 0%, due 10/29/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 11/27/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 12/24/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 01/21/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 02/18/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 03/18/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 04/15/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 05/13/2027 | 0.55% | |
Similar ETFs
- FT Vest U.S. Equity Buffer ETF - JuneFJUN · Expense ratio 0.85%
Historical returns do not guarantee future returns. This is not investment advice.
First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer & Premium Income ETF - June (XIJN)
- Expense ratio
- 0.85%
- Fund assets
- 50.03M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jun 21, 2024
- Number of holdings
- 13
| Name | Ticker | Weight |
|---|---|---|
| 2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.07 | 100.87% | |
| 2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.73 | 3.76% | |
| U.S. Treasury Bill, 0%, due 10/29/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 11/27/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 12/24/2026 | 0.56% | |
| U.S. Treasury Bill, 0%, due 01/21/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 02/18/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 03/18/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 04/15/2027 | 0.55% | |
| U.S. Treasury Bill, 0%, due 05/13/2027 | 0.55% | |
XIJN provides no upside potential. Instead, the fund aims for a targeted rate of income and limited downside protection over a one-year period starting each June. The actively managed portfolio consists of FLEX options that reflect the price performance of SPY and short-term US Treasurys. The premiums received by selling at-the-money call options are used to purchase a laddered portfolio of US Treasury securities. A portion of these securities matures on or about each monthly distribution. At each outcome period, the fund provides a targeted level of income and a buffer against the first 10% of SPYs losses. The target income level will vary based on current market conditions, and any subsequent losses after the 10% buffer will be experienced by the investors on a one-to-one basis. The fund must be held during the entire return period to achieve the intended results. Investors who buy at any other time than the annual reset day may have a different investment return.
- FT Vest U.S. Equity Buffer ETF - JuneFJUN · Expense ratio 0.85%
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