FT Vest U.S. Equity Max Buffer ETF - January (JANM) Performance

Cboe BZX: JANMTotal returns, calendar years, drawdowns and risk since 2025.

JANM total return

Distributions reinvested · as of Oct 23, 2026
YTD
+4.5%
since Dec 31, 2025
1 year
+6.0%
total return
Since first price
+10.5%
since 2025

JANM trailing returns vs SPY, QQQ, AGG

JANM trailing returns
PeriodJANM total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.2%+0.2%−1.0%−5.0%+0.9%
3 months+1.8%+1.8%+3.2%+1.9%−0.4%
6 months+3.2%+3.2%+7.8%+8.4%−1.5%
YTD+4.5%+4.5%+12.3%+15.1%−1.0%
1 year+6.0%+6.0%+14.4%+15.9%−1.1%
Since inceptionJan 21, 2025+10.5%+10.5%———

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: JANM vs SPY

JANMS&P 500 (SPY)

From Jan 21, 2025: JANM grew to $11,046, SPY to $12,850.

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

JANM returns by calendar year

JANMSPY

2026 is year to date.

JANM annual returns table

JANM calendar-year returns
YearJANMLargest dropSPYQQQAGG
2026YTD+4.5%−1.7%+12.3%+15.1%−1.0%

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.

JANM risk statistics

JANM risk statistics
StatisticSince 2025
Annualized return+6.0%
Volatility (annualized)2.5%
Sharpe ratio0.84
Sortino ratio1.37
Best month+2.1%
Worst month−1.1%
Best 12 months+8.3%
Worst 12 months+6.0%
Positive months80%
Beta vs S&P 500—
Correlation with S&P 500—

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.

JANM rolling returns

JANM rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year10+5.8%+6.5%+8.3%100%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

JANM performance overview

FT Vest U.S. Equity Max Buffer ETF - January (JANM) returned +6.0% over the past year, with distributions reinvested. Since its first recorded price on Jan 21, 2025 it has returned +10.5%. Over the same year S&P 500 (SPY) returned +14.4%.

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

JANM performance FAQ

What is the JANM return over the past year?

JANM returned +6.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.0%.

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

$10,000 invested in JANM at its first recorded close on January 21, 2025 would be worth about $11,046 on October 23, 2026 with distributions reinvested.

How volatile is JANM?

Over the past history JANM had an annualized volatility of 2.5% and a Sharpe ratio of 0.84 (excess return over 1–3 month T-bills per unit of risk).