UXJL ETF — FT Vest U.S. Equity Uncapped Accelerator ETF - July

FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL)

Updated October 16, 2026.

UXJL is an ETF. its expense ratio is 0.85%. Total return is 22.8% over the past 1.2 years, 0.2 points behind SPY at 23.0%.

This ETF invests substantially all of its assets in FLEX Options that reference the S&P 500 ETF Trust, offering leveraged equity exposure through options strategies rather than traditional stock holdings. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.85%. It appeals to sophisticated equity investors seeking amplified exposure to the S&P 500 through derivatives-based strategies, though the non-diversified, options-focused structure carries correspondingly higher risk than broad market index funds.

UXJL performance versus SPY

Price and return data through 2026-10-16.

Total return is 22.8% over the past 1.2 years, 0.2 points behind SPY at 23.0%. Its deepest 1-year drawdown was 10.3%.

UXJL key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

07/17/2025

Expense ratio

0.85%

Distribution frequency

None

Last close

$37.00 (as of 2026-10-16)

AUM

$5,674,993

Average volume

197.0

Beta

1.1268

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 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.

UXJL risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.3%.

Who may consider UXJL — and who may not

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

More on UXJL

• All tickers starting with U

Frequently asked questions

More securities from First Trust.