GJUN ETF — Holdings & Analysis

GJUN, or the FT Vest U.S. Equity Moderate Buffer ETF - June, is a multi-asset ETF designed to track the price return of the SPDR S&P 500 ETF Trust, while providing a buffer against potential losses. Specifically, GJUN seeks to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 12.37% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from June 23, 2025 to June 18, 2026. This means that while the ETF aims to capture the upside of the S&P 500, its gains are capped, and it offers a degree of protection against market downturns.

The expense ratio for GJUN is 0.85%. This means that for every $1000 invested in the ETF, $8.50 goes towards covering the fund's operating expenses. While this provides the benefit of a buffer against losses and a capped upside, the expense ratio is higher than the average expense ratio for similar multi-asset ETFs. this may be worth researching cost when evaluating the potential returns of GJUN.

GJUN's top holding is the SPDR S&P 500 ETF Trust, as the fund's investment strategy is directly linked to the performance of this underlying ETF. The fund also holds various call and put options to achieve its buffered return profile. While the exact weightings of the options contracts may vary, the SPDR S&P 500 ETF Trust comprises a significant portion of GJUN's portfolio. As of 2026-03-15, the fund holds 5 assets. Investors should review the fund's official documentation for the most up-to-date holdings information.

GJUN's suitability as a long-term investment depends on an individual's investment goals and risk tolerance. The ETF's buffered strategy offers downside protection, which can be attractive in volatile markets. However, the upside cap limits potential gains during strong bull markets. With an expense ratio of 0.85%, the cost of holding GJUN over the long term should also be considered. Investors should carefully weigh these factors and consider their own investment horizon when evaluating GJUN as a long-term investment. Past performance does not guarantee future results.

GJUN differentiates itself from other multi-asset ETFs through its unique buffered strategy. While many ETFs aim to track market indices or provide diversification across asset classes, GJUN specifically seeks to provide a capped upside return while buffering against a certain level of downside risk. The expense ratio of 0.85% is higher than some passively managed ETFs but may be justified by the active management involved in implementing the buffered strategy. With AUM of $0.33B, GJUN is a moderately sized ETF in its category. Investors should compare GJUN's strategy and risk-return profile to those of other ETFs to determine the best fit for their portfolios.

According to the latest data, GJUN does not currently pay dividends. The dividend yield is reported as 0.00%. This is likely due to the fund's focus on capital appreciation through its buffered strategy, rather than generating income through dividend payments. Investors seeking dividend income may want to consider other ETFs that prioritize dividend distributions.