FT Vest U.S. Equity Buffer & Digital Return ETF - January

FT Vest U.S. Equity Buffer & Digital Return ETF - January is an exchange-traded fund designed to deliver a defined outcome tied to the price performance of the SPDR S&P 500 ETF Trust. The fund seeks to provide a buffer against the first 10% of losses over its outcome period while also targeting a predetermined digital return if the underlying ETF rises, is flat, or falls modestly within that range. To create this payoff structure, the fund primarily uses FLEX Options rather than holding the underlying stocks directly. It is part of FT Vest’s target outcome ETF lineup and is structured for investors seeking a rules-based equity-linked strategy with built-in downside cushioning and capped upside participation. The January series reflects a fixed outcome window that resets on a scheduled cycle, making the fund a specialized tool within the U.S. options-based ETF market.