QCJLFT Vest NASDAQ-100 Conservative Buffer ETF - July
Seeks to provide returns that match the price return of the Invesco QQQ Trust up to a cap of 12.06% while providing a buffer against the first 20% of losses.
By First Trust · Launched 2024
Annual Cost
0.90%
#4,877 of 6,040 · expensive
Fund Size
$100M
#3,096 of 6,040 · mid-size
Return (1Y)
+11.2%
Track Record
2 years
#3,613 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,117+11.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 104.5% of fundconcentrated
CBOE GLOBAL MARKETS, INC.QQQ 7 C5.6
66.6%
CBOE GLOBAL MARKETS, INC.QQQ 7 C5.6
22.7%
CBOE GLOBAL MARKETS, INC.QQQ 7 C5.6
12.2%
CBOE GLOBAL MARKETS, INC.QQQ 7 P561.25
2.4%
Dreyfus Government Cash Management Funds
0.6%
CBOE GLOBAL MARKETS, INC.QQQ 7 P561.25
0.3%
CBOE GLOBAL MARKETS, INC.QQQ 7 P561.25
0.1%
CBOE GLOBAL MARKETS, INC.QQQ 7 P449
-0.1%
CBOE GLOBAL MARKETS, INC.QQQ 7 P449
-0.2%
CBOE GLOBAL MARKETS, INC.QQQ 7 C628.94
-0.2%
Asset allocation
Stocks
98.8%
Cash
1.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
6.1%Low
Year-on-year price swings
Max drawdown
-11.2%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 12.06% while providing a buffer against the first 20% of losses.
- Strategy
- Invests primarily 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 12.06%. Employs a target outcome strategy to achieve these pre-determined investment outcomes over the Target Outcome Period.
- Inception date
- July 19, 2024
- Fund family
- First Trust
Similar funds
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Data updated on 2026-09-18