DJUL
FT Vest U.S. Equity Deep Buffer ETF - July
DJUL aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
328.5 M
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Jul 17, 2020 |
| Assets (mns) | $327 |
| Expense ratio | 85 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 02/28/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 1.2% | 11.6% | 16.0% | 9.0% | -- | -- | 7.6% | Volatility | 7.3% | 6.7% | 7.2% | 8.4% | -- | -- | 7.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.52 | 97% |
| MSCI EAFE | 0.44 | 72% |
| MSCI Emg Mkts | 0.34 | 44% |
Liquidity Measures
| Avg. volume (000) | 23 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.20% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $41.32 |
| 30d moving avg. | $42.02 |
| Annualized volatility | 9.0% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| DJUL (85 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DJUL | 85.0 | 20.0 | 105 |
| Peer Avg. | 90.6 | 29.4 | 120.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .