FT Cboe Vest U.S. Equity Moderate Buffer ETF… (GJAN) Performance
GJAN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.8% since Dec 31, 2025
- 1 year
- +10.2% total return
- 3 years
- +13.1% a year
- Since first price
- +11.8% a year since 2023
GJAN trailing returns vs SPY, QQQ, AGG
| Period | GJAN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | +0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.7% | +2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.2% | +5.2% | +7.8% | +8.4% | −1.5% |
| YTD | +7.8% | +7.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | +10.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +44.6%+13.1%/yr | +44.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJan 23, 2023 | +51.8%+11.8%/yr | +51.8% | — | — | — |
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: GJAN vs SPY
From Jan 23, 2023: GJAN grew to $15,179, SPY to $19,888.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GJAN returns by calendar year
2 of 2 full years positive. Best 2024 (+12.1%), worst 2025 (+10.7%). 2026 is year to date.
GJAN annual returns table
| Year | GJAN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.8% | −4.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.7% | −10.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.1% | −3.2% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GJAN largest drawdowns
Now 0.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −10.6% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GJAN risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +12.7% | +11.9% |
| Volatility (annualized) | 6.2% | 6.1% |
| Sharpe ratio | 1.28 | 1.16 |
| Sortino ratio | 2.70 | 2.33 |
| Best month | +6.4% | +6.4% |
| Worst month | −2.9% | −2.9% |
| Best 12 months | +19.2% | +19.2% |
| Worst 12 months | +5.0% | +5.0% |
| Positive months | 81% | 77% |
| Beta vs S&P 500 | 0.47 | — |
| Correlation with S&P 500 | 0.94 | — |
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.
GJAN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 34 | +5.0% | +11.8% | +19.2% | 100% |
| 3-year (a year) | 10 | +10.6% | +12.1% | +13.2% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
GJAN performance overview
FT Cboe Vest U.S. Equity Moderate Buffer ETF… (GJAN) returned +10.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +11.8% a year, turning $10,000 into about $15,179. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.6%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 6.1% a year.
Related: GJAN chart. See the GJAN overview for the latest quote and fund facts.
GJAN performance FAQ
What is the GJAN return over the past year?
GJAN returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.2%.
How much would $10,000 invested in GJAN be worth?
$10,000 invested in GJAN at its first recorded close on January 23, 2023 would be worth about $15,179 on October 23, 2026 with distributions reinvested.
What was the worst year for GJAN?
The worst calendar year was 2025, with a total return of +10.7%. The best was 2024 at +12.1%.
What is the biggest drawdown of GJAN?
The largest peak-to-trough decline was −10.6% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is GJAN?
Over the past 3 years GJAN had an annualized volatility of 6.2% and a Sharpe ratio of 1.28 (excess return over 1–3 month T-bills per unit of risk).