First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Uncapped Accelerator ETF - January

UXJA starts with a 2% negative return, plus the expense ratio, each year in January. The investment objective is to potentially accelerate the returns in alignment with the price movement of the SPDR S&P 500 ETF (SPY), should the ETF rise above the 2% threshold. If the fund appreciates below the target upside level, it does not participate in the returns and will experience all losses on a one-to-one basis. While the target upside of 102% is expected to remain constant for each outcome period, the upside return is calculated at the commencement of each target period and will vary for each target period, depending upon market conditions. The fund must be held to the end of the outcome period to achieve the intended results.

Asset class

Multi-Asset

Issuer

First Trust

Domicile

US

Inception date

Jan 17, 2025

Holdings

3

ISIN

US33740U4307