(YJUN) First Trust Exchange-Traded - Ratings and Ratios

The First Trust Exchange-Traded Fund VIII - FT Cboe Vest International Equity Buffer ETF - June (BATS:YJUN) is an exchange-traded fund that employs a unique investment strategy. Under normal market conditions, it invests substantially all of its assets in customized FLEX Options that track the performance of the iShares MSCI EAFE ETF, a fund that provides exposure to international developed markets. This strategy allows the fund to potentially benefit from the upside of the underlying ETF while mitigating downside risks through the buffering effect of the FLEX Options.

As a non-diversified fund, YJUNs investment approach is focused on a specific asset class, which in this case is international equities as represented by the iShares MSCI EAFE ETF. The use of FLEX Options enables investors to customize key contract terms, providing a degree of flexibility in managing risk and potential returns. The underlying ETF tracks the MSCI EAFE Index, which includes a broad range of large- and mid-cap stocks from developed markets outside North America.

Analyzing the available , the current price of YJUN is $23.66, indicating a slight bullish trend as it is above its SMA20 ($23.30) and SMA50 ($22.97). The ATR of 0.30 (1.25%) suggests relatively low volatility. Given the proximity to its 52-week high ($23.73), theres a potential for a continued upward trend, albeit with limited room for further appreciation. Conversely, the buffer provided by the FLEX Options could help mitigate potential losses if the market declines.

Combining and , we can forecast that YJUN may continue to perform well if the international developed markets, as represented by the iShares MSCI EAFE ETF, experience a moderate upswing. The funds AUM of $143.00M USD indicates a reasonable level of investor interest. However, the non-diversified nature of the fund means that its performance is closely tied to the underlying ETF. Therefore, a potential forecast is that YJUN could reach $24.00 in the near term if the underlying ETF continues to rise, but it may face challenges if theres a significant downturn in international markets.

Investors should be aware that the buffer effect of the FLEX Options is designed to mitigate losses up to a certain point, after which the funds value could decline in line with the underlying ETF. As such, while YJUN offers a potentially attractive risk-reward profile, its crucial for investors to closely monitor the performance of international developed markets and adjust their strategies accordingly.