First TrustDefined OutcomeBuffer#275 of 318 by YTD
First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - JanuaryJANM
- AUM
- $36M
- Fee
- 0.85%
- Yield
- 0.0%
- Bumpy · 1Y
- 0.2×S&P
- Volume
- 551
- NAV
- $34.28
52-week range1% below the high
$32.44$34.62
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | 0.0% | −0.6% | +0.3% | +3.8% | +5.1% | — | — | +9.8% |
| Peer average | +0.2% | +92.6% | +96.4% | +6.1% | +7.6% | +44.9% | +49.6% | — |
| S&P 500 · VOO | +0.3% | −5.0% | −4.6% | +8.7% | +9.8% | +80.8% | +71.8% | — |
JANM in One Breath
JANM Among Buffer ETFs
YTDEnd-of-day Nov 8, 2026 · 289 Buffer ETFs by YTD
$10,000 in JANM
5Y$10,000 in JANM became
$10,980
In the S&P 500 (VOO)
$12,449
Total return, dividends in · Jan 21, 2025 – Nov 6, 2026 · S&P 500 uses VOO
JANM Returns by Period
Today1D
1M
3M
YTD
1Y
3Y
5Y
MAX
JANM
0.0%
−0.6%
+0.3%
+3.8%
+5.1%
—
—
+9.8%
Peer average
+0.2%
+92.6%
+96.4%
+6.1%
+7.6%
+44.9%
+49.6%
—
S&P 500 · VOO
+0.3%
−5.0%
−4.6%
+8.7%
+9.8%
+80.8%
+71.8%
—
End-of-day Nov 8, 2026 · total return, dividends in · peers = 374 Buffer ETFs
JANM’s Defined Outcome Rank
YTD#275of 318
defined outcome ETFs
defined outcome ETFs
Best · SIXH+14.7%
Average+5.9%
JANM+3.8%
Worst · KBUF−16.9%
Defined Outcome ETFs by YTD return · Nov 8, 2026
JANM Price and 52-Week Range
1YFrom the 52-week high
−1.0%
From the 52-week low
+5.7%
Today $34.28 – $34.32
Previous close $34.28
52-week low$32.4452-week high$34.62
End-of-day Nov 8, 2026 · box = today’s range, dashed = previous close
JANM’s Share of Buffer ETFs
Today0.0%
of the $85.5B in 375 Buffer ETFs
$36.0M0.0%
$10.8B12.6%
$2.2B2.6%
$72.5B84.8%
Buffer ETF AUM · Nov 8, 2026
JANM Fee per $100 vs Peers
TodayExpense ratio · Buffer peers · Nov 8, 2026
Inside JANM
4 holdingsJANM
First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - January
TodayJANM reports no holdings we can show: […]
First Trust JANM · holdings
How It Compares
JANM
First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - January’s Peers
YTDBuffer peers · YTD and past-year returns · as of Nov 8, 2026 · sorted by AUM
Head to Head
Put JANM head to head with BUFR →BUFR vs JANM
YTDYear to date
BUFR wins+3.3 pts
Past year
BUFR wins+3.7 pts
Fee
BUFR winslower fee
Yield
Level
AUM
BUFR300.1× more
3–0BUFR wins
First Trust BUFR and First Trust JANM · year-to-date · as of Nov 8, 2026 · AUM not scored
JANM vs VOO
YTDJANM · First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Max Buffer ETF - January
+3.8%
VOO · S&P 500
+8.7%
Gap
4.9 pts
First Trust JANM and Vanguard VOO · YTD total return · as of Nov 8, 2026
JANM vs Its Peer Average
YTDJANMAvsBPeer average
1D0.0%+0.2%
1M−0.6%+92.6%
3M+0.3%+96.4%
YTD+3.8%+6.1%
1Y+5.1%+7.6%
3Y[…]+44.9%
5Y[…]+49.6%
0–5Peer average wins
374 Buffer peers · each row scaled to its leader
How Bumpy Is JANM?
ViewJANM
How Bumpy
1Y0.2×the S&P 500’s swings
CalmerBumpierS&P 1×JANM
Calmest of 7 buffer fundsJANM
Other buffer funds0.4× to 0.8×
First Trust JANM · daily swings over the past year vs the S&P 500
JANM
Worst Drop
1Y−1.7%from its Feb 10 high
Still below the high−1.0%
$10,000 at the high is now$9,900
First Trust JANM · fall from the highest close, past year
JANM
On a Bad Day
1Y0.1×the S&P 500’s fall
JANM’s worst day: Thursday, Nov 5Up days54 of every 100
S&P 500 up days52 of every 100
First Trust JANM · average move on days the S&P 500 fell
JANM
Return for the Bumps
1Y#4 of 7 buffer fundsRanked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%
JANM
Cost
Today$85a year per $10,000
Expense ratio 0.85%, taken from the fund’s value
JANM
Volatility & Beta
1Y2.6%annual volatility
S&P 500 volatility13.6%
Downside volatility1.8%
Beta vs SPY0.18
Correlation vs SPY0.92
Lowest beta of 7 buffer fundsJANM
Daily total returns × √252 · past 254 trading days
JANM
Max Drawdown
1Y−1.7%peak to trough
Peak closeFeb 10, 2026
Current drawdown−1.0%
Worst day−0.95% · Nov 5
Closing prices, dividends in
JANM
Up / Down Capture
1Y14%down capture vs SPY
Up ÷ down capture1.31
Up days54.3% (S&P 52.0%)
Average daily move on SPY up days and down days
JANM
Sharpe & Sortino vs Peers
1YSharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only
JANM
Trading
Today0.00%at its holdings’ value
Close$34.28
NAV$34.28
Fee per $10,000$85 a year
Avg. volume 30D6K shares
Close vs net asset value, Nov 6
The Details
JANM
Fund Facts
Today2025launched Jan 17
Tracks[…]
Exchange · CUSIPCBOE · 33740U455
StructureETF
Leverage1x
Cost on $10,000$85 a year
Go deeper
First Trust JANM · fund facts · as of Nov 8, 2026
JANM
Payouts by Year
Today$0no payouts on record
JANM does not pay a distribution.
Distribution yield0.0%
Paid[…]
Latest ex-date · paid[…]
12 payouts added up[…]
First Trust JANM · distributions by ex-date
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-08-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗prospectus · SEC 497 ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2025-08-31 ↗
Trading & Liquidity
Net asset value$34.28
Premium / discount[…]
Median spread · 30D[…]
Volume today551
Average volume · 30D6K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.85%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$85.00
Our risk indicator3/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
No payouts on record: […]
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