BFJL ETF — FT Vest Bitcoin Strategy Floor15 ETF - July

FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL)

Updated October 16, 2026.

BFJL is an ETF. its trailing-12-month yield is 1.28%, its expense ratio is 0.90%. Dividend Vision Distribution Safety Score™ is 38/100 (Unproven). Total return is -2.3% over the past 1.3 years, 27.6 points behind SPY at 25.3%.

This ETF seeks to provide exposure to bitcoin while incorporating a floor structure designed to limit downside risk, investing at least 80% of assets in bitcoin-related investments and instruments needed to maintain that floor protection. The fund distributes annually, with its most recent payout being a special or one-time distribution that may not recur, and carries an expense ratio of 0.90%. It appeals to investors seeking bitcoin exposure with downside protection, though the non-diversified structure concentrates risk in a single asset class.

BFJL performance versus SPY

Price and return data through 2026-10-16.

Total return is -2.3% over the past 1.3 years, 27.6 points behind SPY at 25.3%. Its deepest 1-year drawdown was 18.1%.

BFJL key facts

Distribution Safety Score™

38 · Unproven

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

06/27/2025

Expense ratio

0.90%

Distribution frequency

Annual

Trailing yield

1.28%

Last close

$19.11 (as of 2026-10-16)

AUM

$3,827,444

Average volume

6.0

Dividend

$0.244

Ex-dividend date

12/29/2025

Payment date

12/31/2025

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.28%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BFJL risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.1%.

Who may consider BFJL — and who may not

It is a weaker fit for investors who need monthly cash flow (BFJL pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BFJL

• All tickers starting with B

Tagged: Bitcoin, Crypto, Single.

Frequently asked questions

More securities from First Trust.