QCJAFT Vest Nasdaq-100 Conservative Buffer ETF - January
Seeks to provide returns that match the price return of the Invesco QQQ Trust up to a cap of 12.08% while providing a buffer against the first 20% of losses.
By First Trust · Launched 2025
Annual Cost
0.90%
#4,877 of 6,040 · expensive
Fund Size
$83M
#3,259 of 6,040 · mid-size
Return (1Y)
+11.6%
Track Record
1 year
#4,023 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,158+11.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 105.9% of fundconcentrated
CBOE GLOBAL MARKETS, INC.QQQ 1 C6.2
53.1%
CBOE GLOBAL MARKETS, INC.QQQ 1 C6.2
33.5%
CBOE GLOBAL MARKETS, INC.QQQ 1 C6.2
7.7%
CBOE GLOBAL MARKETS, INC.QQQ 1 P621.25
4.4%
CBOE GLOBAL MARKETS, INC.QQQ 1 P621.25
2.8%
CBOE GLOBAL MARKETS, INC.QQQ 1 C6.2
2.7%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.QQQ 1 P621.25
0.6%
CBOE GLOBAL MARKETS, INC.QQQ 1 P621.25
0.2%
CBOE GLOBAL MARKETS, INC.QQQ 1 P497
-0.1%
Asset allocation
Stocks
99.3%
Cash
0.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
6.1%Low
Year-on-year price swings
Max drawdown
-10.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the price return of the Invesco QQQ Trust up to a cap of 12.08% while providing a buffer against the first 20% of losses.
- Strategy
- Invests in FLEX Options referencing the Invesco QQQ Trust to provide a buffer against the first 20% of losses and upside participation up to a cap of 12.08%. Employs a target outcome strategy over the defined period from January 20, 2026 to January 15, 2027.
- Inception date
- January 16, 2025
- Fund family
- First Trust
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18