(GJAN) First Trust Exchange-Traded - Ratings and Ratios
Options, S&P 500, Exchange-Traded, Non-Diversified
Description: GJAN First Trust Exchange-Traded October 26, 2025
The First Trust FT Cboe Vest U.S. Equity Moderate Buffer ETF (BATS:GJAN) is a “Defined-Outcome” fund that, under normal market conditions, allocates essentially all of its capital to Flexible Exchange® Options whose payoff is tied to the price performance of the SPDR S&P 500 ETF (SPY). Because it relies on a single options strategy rather than holding a basket of equities, the ETF is classified as non-diversified.
Key operating metrics (as of Q3 2025) include an expense ratio of 0.45 % and a “moderate buffer” that caps downside losses at roughly 8 % while capping upside participation at about 12 % of SPY’s total return through the January 2026 expiry. The fund’s performance is therefore highly correlated with large-cap U.S. equity trends and is sensitive to macro drivers such as the Federal Reserve’s policy rate-higher rates tend to compress option premiums and reduce the buffer’s effectiveness.
If you want a data-driven deep-dive into how GJAN’s risk-return profile stacks up against comparable defined-outcome ETFs, the ValueRay platform offers customizable scenario analysis tools worth exploring.
GJAN ETF Overview
| Market Cap in USD | 350m |
| Category | Defined Outcome |
| TER | 0.85% |
| IPO / Inception | 2023-01-20 |
GJAN ETF Ratings
| Growth Rating | 78.3% |
| Fundamental | - |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -4.55% |
| Analyst Rating | - |
GJAN Dividends
Currently no dividends paidGJAN Growth Ratios
| Growth Correlation 3m | 94.8% |
| Growth Correlation 12m | 77.4% |
| Growth Correlation 5y | 97.2% |
| CAGR 5y | 12.23% |
| CAGR/Max DD 3y (Calmar Ratio) | 1.15 |
| CAGR/Mean DD 3y (Pain Ratio) | 15.02 |
| Sharpe Ratio 12m | 0.87 |
| Alpha | -1.23 |
| Beta | 0.000 |
| Volatility | 4.53% |
| Current Volume | 14k |
| Average Volume 20d | 16.4k |
| Stop Loss | 40.6 (-3.1%) |
| Signal | 0.76 |
What is the price of GJAN shares?
Over the past week, the price has changed by -0.36%, over one month by +0.31%, over three months by +3.28% and over the past year by +9.57%.
Is First Trust Exchange-Traded a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GJAN is around 40.37 USD . This means that GJAN is currently overvalued and has a potential downside of -3.65%.
Is GJAN a buy, sell or hold?
What are the forecasts/targets for the GJAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 44.7 | 6.8% |
GJAN Fundamental Data Overview November 04, 2025
Beta = 0.0
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 350.0m USD (350.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 350.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 350.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.83% (E(350.0m)/V(350.0m) * Re(7.83%) + (debt-free company))
Discount Rate = 7.83% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for GJAN ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle