FT Vest U.S. Equity Max Buffer ETF - January

FT Vest U.S. Equity Max Buffer ETF - January is a defined outcome exchange-traded fund that seeks to deliver the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while aiming to provide the maximum available buffer against losses over an approximate one-year outcome period. The fund uses FLEX Options linked to U.S. large-cap equities to create a structured exposure that resets each January, making it part of the broader category of outcome-oriented ETFs. It is designed for investors seeking a rules-based equity exposure with built-in downside buffering features and limited upside participation. The portfolio is centered on U.S. stock market risk management rather than traditional benchmark tracking, and its holdings and option positions are adjusted to support the current outcome period. FT Vest U.S. Equity Max Buffer ETF - January is issued by First Trust and serves as a specialized tool within the U.S. equity ETF market.