Title:** **XJUL Breaks Through to New 52-Week High: 2x Leveraged Equity Buffer Strategy with 0.85% Expense Ratio** **Explanation

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July (XJUL.B) Hits 52-Week High

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July (XJUL.B) is an actively managed equity ETF designed to outperform the SPY ETF with a 2x positive price return structure while capping gains and buffering losses over a one-year period. With a leverage ratio of 1.0x and an expense ratio of 0.85%, the fund uses options and collateral to achieve its objectives. On the latest trading day, XJUL.B attracted $38,395.77 in net fund flows, primarily driven by $18,075.24 in block orders, while extra-large orders remained at $0. This suggests strong institutional or strategic investor participation despite the absence of over-the-counter retail inflows.

Technical analysis of XJUL.B shows no immediate signals from key indicators. The fund has not triggered a golden cross or dead cross on the MACD, nor has it entered overbought or oversold territory on the RSI. Similarly, there are no signals from the KDJ oscillator or classical chart patterns like head-and-shoulders or double tops/bottoms. This neutral technical profile indicates the ETF is currently in a consolidation phase without clear directional bias.

Peer ETFs in the active equity buffer category exhibit diverse expense ratios and AUM levels. For instance, SPBO.P and SPTI.P maintain low expense ratios of 0.03% with AUMs of $2B and $9B respectively, while higher-cost options like SMTH.P (0.59%) and SSFI.P (0.81%) manage $2B and $32M in assets. XJUL.B's 0.85% expense ratio places it in the higher-cost segment of this niche, which may appeal to investors seeking its specific buffered return structure despite the cost premium.