FT Cboe Vest U.S. Equity Buffer ETF - January (FJAN) Performance

Cboe BZX: FJANTotal returns, calendar years, drawdowns and risk since 2021.

FJAN total return

Distributions reinvested · as of Oct 23, 2026
YTD
+9.3%
since Dec 31, 2025
1 year
+12.2%
total return
5 years
+10.9%
a year
Since first price
+11.5%
a year since 2021

FJAN trailing returns vs SPY, QQQ, AGG

FJAN trailing returns
PeriodFJAN total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−0.1%−0.1%−1.0%−5.0%+0.9%
3 months+3.0%+3.0%+3.2%+1.9%−0.4%
6 months+6.1%+6.1%+7.8%+8.4%−1.5%
YTD+9.3%+9.3%+12.3%+15.1%−1.0%
1 year+12.2%+12.2%+14.4%+15.9%−1.1%
3 years+57.1%+16.3%/yr+57.1%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+67.8%+10.9%/yr+67.8%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
Since inceptionJan 19, 2021+86.8%+11.5%/yr+86.8%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: FJAN vs SPY

FJANS&P 500 (SPY)

From Jan 19, 2021: FJAN grew to $18,679, SPY to $21,669.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

FJAN returns by calendar year

FJANSPY

3 of 4 full years positive. Best 2023 (+21.7%), worst 2022 (−4.0%). 2026 is year to date.

FJAN annual returns table

FJAN calendar-year returns
YearFJANLargest dropSPYQQQAGG
2026YTD+9.3%−5.9%+12.3%+15.1%−1.0%
2025+12.7%−12.9%+17.7%+20.8%+7.2%
2024+15.2%−4.5%+24.9%+25.6%+1.3%
2023+21.7%−6.6%+26.2%+54.9%+5.7%
2022−4.0%−13.6%−18.2%−32.6%−13.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

FJAN largest drawdowns

Now 1.2% below the high
FJAN largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Mar 29, 2022−13.6%Jun 16, 2022Apr 28, 20233 months1.1 years
Feb 19, 2025−12.9%Apr 8, 2025Jun 24, 202548 days4 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

FJAN risk statistics

FJAN risk statistics
Statistic3 years5 yearsSince 2021
Annualized return+15.7%+11.4%+12.0%
Volatility (annualized)7.8%9.6%9.2%
Sharpe ratio1.370.800.95
Sortino ratio2.941.331.58
Best month+7.7%+7.7%+7.7%
Worst month−3.6%−5.8%−5.8%
Best 12 months+25.0%+25.0%+25.0%
Worst 12 months+5.6%−7.5%−7.5%
Positive months78%70%72%
Beta vs S&P 5000.600.58—
Correlation with S&P 5000.950.94—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

FJAN rolling returns

FJAN rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year58−7.5%+12.8%+25.0%84%
3-year (a year)34+8.3%+12.4%+18.0%100%
5-year (a year)10+10.0%+11.0%+11.9%100%

Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.

FJAN performance overview

FT Cboe Vest U.S. Equity Buffer ETF - January (FJAN) returned +12.2% over the past year and +10.9% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +11.5% a year, turning $10,000 into about $18,679. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −13.6%, from Mar 29, 2022 to Jun 16, 2022, and it took 10 months to get back to the old high. FJAN finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+21.7%) and the worst 2022 (−4.0%). Volatility has been 9.2% a year.

Related: FJAN chart. See the FJAN overview for the latest quote and fund facts.

FJAN performance FAQ

What is the FJAN return over the past year?

FJAN returned +12.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.2%.

What is the average annual return of FJAN?

FJAN has returned +10.9% a year over 5 years, +11.5% a year since January 19, 2021 (total return, distributions reinvested).

How much would $10,000 invested in FJAN be worth?

$10,000 invested in FJAN at its first recorded close on January 19, 2021 would be worth about $18,679 on October 23, 2026 with distributions reinvested.

What was the worst year for FJAN?

The worst calendar year was 2022, with a total return of −4.0%. The best was 2023 at +21.7%.

What is the biggest drawdown of FJAN?

The largest peak-to-trough decline was −13.6% between March 29, 2022 and June 16, 2022. It recovered to the old high on April 28, 2023, 10 months after the bottom.

How volatile is FJAN?

Over the past 3 years FJAN had an annualized volatility of 7.8% and a Sharpe ratio of 1.37 (excess return over 1–3 month T-bills per unit of risk).