Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
FT Vest Bitcoin Strategy Floor15 ETF - July(BFJL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BFJL
10/02/2026: BFJL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
The FT Vest Bitcoin Strategy Floor15 ETF (BFJL) offers a defined-outcome approach to investing in Bitcoin, providing exposure with a 15% downside buffer at the cost of capped upside. It is issued by the experienced firm First Trust and utilizes options to manage risk, making it a unique tool for risk-averse crypto believers. While it offers protection, it comes with higher expenses and lower liquidity than standard spot Bitcoin ETFs. It is best suited for investors who want to participate in potential Bitcoin growth while mitigating the impact of significant market downturns, rather than those seeking unlimited upside.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The cap on upside returns limits the total growth potential compared to holding spot Bitcoin directly. |
| Momentum investor | Weak fit | The capped upside structure is generally disadvantageous for momentum strategies that rely on capturing full parabolic moves. |
| Value investor | Mixed fit | The buffer provides a level of downside protection that may appeal to value-conscious investors looking for a price 'floor'. |
| Dividend/Income investor | Weak fit | This fund does not provide yield and is focused on capital appreciation within a specific risk-managed framework. |
| Low-risk investor | Mixed fit | While the 15% buffer offers some protection, Bitcoin-linked assets remain inherently high-risk, making this only suitable for risk-tolerant investors. |
Investor Profile
Ideal Investor Profile
The ideal investor is someone who is bullish on Bitcoin but has a low tolerance for extreme volatility and seeks to define their risk exposure.
Suitability
This ETF is best suited for long-term investors looking for a 'hedged' approach to crypto, rather than active day traders.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The underlying asset is highly volatile, which dictates the pricing and risk of the ETF's options strategy. |
| Market risk | High | The fund is directly tied to the performance of Bitcoin, an asset class prone to significant regulatory and macroeconomic risks. |
| Concentration | High | The fund has a singular focus on Bitcoin and the performance of specific options, leaving little room for diversification. |
| Tracking/expense | Medium | The complexity of managing the options strategy creates inherent tracking differences relative to spot Bitcoin performance. |
| Liquidity | Medium | Lower trading volume relative to major ETFs can lead to increased costs during periods of market stress. |
| Business/sector quality | High | The cryptocurrency sector is subject to intense regulatory scrutiny and rapid structural changes. |
Risk Analysis
Volatility
The fund exhibits high volatility due to its correlation with Bitcoin, despite the 15% downside buffer.
Market Risk
The primary risk is a severe drop in Bitcoin price, which could quickly reach and exceed the fund's 15% protection limit.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | iShares Bitcoin Trust (IBIT) options and underlying ETF | 95 | The fund uses derivatives on the iShares Bitcoin Trust to create a defined outcome of capped upside and protected downside. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Cash holdings are maintained for liquidity and to collateralize the options strategy. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 7.03% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $3.82M |
| Issuer | First Trust |
| Distribution Yield | 0.46% |
| Inception | Jun 27, 2025 |
Performance
| Period | Total Return |
|---|---|
| YTD | +2.51% |
| 1 Year | -7.20% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 13.95% |
| 3Y Volatility | 0% |
| 3Y Sharpe Ratio | 0 |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.