Stock Expert AI

BFJA ETF — Holdings & Analysis

The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) is a multi-asset ETF from First Trust, launched on January 9, 2026. With an expense ratio of 0.90%, BFJA aims to match the price return of a Bitcoin Reference Instrument, up to a predetermined upside cap of 28.06%, while providing a maximum loss of 15% of Bitcoin Reference Instrument losses, over the period from January 12, 2026 through January 8, 2027. The fund has an AUM of $0.00B and a NAV of $18.56.

FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) ETF — Price, Holdings & Analysis

The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) is a multi-asset ETF from First Trust, launched on January 9, 2026. With an expense ratio of 0.90%, BFJA aims to match the price return of a Bitcoin Reference Instrument, up to a predetermined upside cap of 28.06%, while providing a maximum loss of 15% of Bitcoin Reference Instrument losses, over the period from January 12, 2026 through January 8, 2027. The fund has an AUM of $0.00B and a NAV of $18.56.

ETF Overview

The investment objective of the FT Vest Bitcoin Strategy Floor15 ETF - January (the "Fund") is to seek to provide investors with returns (before fees and expenses) that match the price return of a reference asset which seeks to reflect generally (before fees and expenses) the performance of the price of bitcoin (the "Bitcoin Reference Instrument"), up to a predetermined upside cap of 28.06% (before fees and expenses) while providing a maximum loss of 15% (before fees and expenses) of Bitcoin Reference Instrument losses, over the period from January 12, 2026 through January 8, 2027.
The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) seeks to provide investors with returns that match the price return of a Bitcoin Reference Instrument, with a capped upside and a defined downside protection. The fund's objective is to reflect the performance of the price of bitcoin, up to a predetermined upside cap of 28.06% (before fees and expenses), while limiting losses to a maximum of 15% (before fees and expenses) of Bitcoin Reference Instrument losses, over the period from January 12, 2026 through January 8, 2027. This strategy makes it suitable for investors seeking exposure to Bitcoin's price movements with a degree of risk management. BFJA achieves this through a multi-asset approach, primarily investing in 'Other' assets, with 100% allocation. This ETF is designed for investors who want to participate in potential Bitcoin gains while mitigating potential losses within a specific timeframe.

Risk Metrics

BFJA's risk profile is unique due to its capped upside and downside protection strategy related to Bitcoin's price movements. The fund's beta is 0.00, indicating it has no correlation to the market. The 0.90% expense ratio can create a drag on returns, especially if Bitcoin's price does not move significantly within the defined period. The fund's concentration in 'Other' assets (100%) introduces concentration risk, as its performance is entirely dependent on the specific instruments used to track the Bitcoin Reference Instrument. Investors should carefully consider the potential impact of these factors on the fund's overall performance.

Expense Ratio

0.90%

Sector Allocation

  • Other: 100.0%

Dividend Yield

0.00%
  • <a href="/etf/inkm">State Street Income Allocation ETF (INKM)</a> — 0.50% expense ratio
  • <a href="/etf/irtr">iShares LifePath Retirement ETF (IRTR)</a> — 0.08% expense ratio
  • <a href="/etf/bufr">FT Vest Laddered Buffer ETF (BUFR)</a> — 0.95% expense ratio
  • <a href="/etf/jfli">JPMorgan Flexible Income ETF (JFLI)</a> — 0.35% expense ratio
  • <a href="/etf/xjun">FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June (XJUN)</a> — 0.85% expense ratio
  • <a href="/etf/dmar">FT Vest U.S. Equity Deep Buffer ETF - March (DMAR)</a> — 0.85% expense ratio
  • <a href="/etf/snov">FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV)</a> — 0.90% expense ratio
  • <a href="/etf/hyti">FT Vest High Yield & Target Income ETF (HYTI)</a> — 0.65% expense ratio
  • <a href="/etf/rfem">First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)</a> (International Equity) — 0.99% expense ratio
  • <a href="/etf/eipi">FT Energy Income Partners Enhanced Income ETF (EIPI)</a> (Sector Equity) — 1.11% expense ratio
  • <a href="/etf/fep">First Trust Europe AlphaDEX Fund (FEP)</a> (International Equity) — 0.80% expense ratio
  • <a href="/etf/qcln">First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)</a> (Sector Equity) — 0.56% expense ratio
  • <a href="/etf/bufr">FT Vest Laddered Buffer ETF (BUFR)</a> (Multi-Asset) — 0.95% expense ratio
  • <a href="/etf/fdt">First Trust Developed Markets ex-US AlphaDEX Fund (FDT)</a> (International Equity) — 0.80% expense ratio

Risk Metrics

  • Beta: 0.00

Questions & Answers

What is BFJA and what does it track?

The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) is a multi-asset ETF managed by First Trust. Launched in January 2026, BFJA aims to replicate the price return of a Bitcoin Reference Instrument, providing a capped upside of 28.06% and a maximum loss of 15% over a defined period from January 12, 2026, to January 8, 2027. The fund seeks to offer investors exposure to Bitcoin's price movements while limiting potential downside risk. It achieves this through investments in 'Other' assets.

What is the expense ratio for BFJA?

The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) has an expense ratio of 0.90%. This means that for every $1000 invested, $9.00 is used to cover the fund's operating expenses. While there is no specific category average available for similar capped-return Bitcoin ETFs, the may be worth researching expense ratio's impact on overall returns, especially in periods of low or moderate Bitcoin price movement. The expense ratio is deducted from the fund's assets, affecting the net return to investors.

What are the top holdings in BFJA?

As of 2026-03-15, the FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) invests 100% of its assets in 'Other' holdings. The specific underlying assets within this category are not further detailed, but they are designed to track the Bitcoin Reference Instrument. Investors should refer to the fund's prospectus and holdings reports for more detailed information on the composition of these 'Other' assets and their role in achieving the fund's investment objective.

Is BFJA a good long-term investment?

The FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) is designed for a specific investment period, from January 12, 2026, to January 8, 2027, due to its capped upside and downside protection strategy. Its suitability as a long-term investment depends on an investor's objectives and risk tolerance within that timeframe. The fund's performance is tied to Bitcoin's price movements, and its defined upside and downside limits may not align with long-term investment goals. Past performance does not guarantee future results.

How does BFJA compare to similar ETFs?

BFJA differentiates itself through its capped upside (28.06%) and downside protection (15%) strategy related to Bitcoin's price movements. Unlike traditional Bitcoin ETFs that directly track the cryptocurrency, BFJA aims to provide a more controlled risk profile over a specific period. Its expense ratio is 0.90%. The fund's AUM is $0.00B. Investors should compare BFJA's strategy and risk parameters with other cryptocurrency ETFs to determine which best aligns with their investment goals.

Does BFJA pay dividends?

According to the provided data, the FT Vest Bitcoin Strategy Floor15 ETF - January (BFJA) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments. The fund's primary focus is on capital appreciation through tracking Bitcoin's price movements within defined limits.