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QDECFT Vest Nasdaq-100 Buffer ETF – December

Stay safeGrow my money5y track recordRanked #103 of 387 in this goal

Seeks to provide returns that match the price return of the Invesco QQQ Trust up to an 18.22% cap while providing a buffer against the first 10% of losses.

By First Trust · Launched 2020

Annual Cost

0.90%

#4,877 of 6,040 · expensive

Fund Size

$703M

#1,411 of 6,040 · large

Return (1Y)

+18.2%

Track Record

5 years

#2,227 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,744+17.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

Nasdaq-100 Index

Holdings

By weight

Concentration

Top 10 holdings = 106.0% of fundconcentrated

CBOE GLOBAL MARKETS, INC.QQQ 12 C6.16
85.8%
CBOE GLOBAL MARKETS, INC.QQQ 12 P617.04
6.6%
CBOE GLOBAL MARKETS, INC.QQQ 12 C6.16
5.7%
CBOE GLOBAL MARKETS, INC.QQQ 12 C6.16
3.9%
CBOE GLOBAL MARKETS, INC.QQQ 12 C6.16
2.1%
Dreyfus Government Cash Management Funds
1.0%
CBOE GLOBAL MARKETS, INC.QQQ 12 P617.04
0.4%
CBOE GLOBAL MARKETS, INC.QQQ 12 P617.04
0.3%
CBOE GLOBAL MARKETS, INC.QQQ 12 P617.04
0.2%
CBOE GLOBAL MARKETS, INC.QQQ 12 C729.47
-0.0%

Asset allocation

Stocks
99.4%
Cash
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.2%Moderate

Year-on-year price swings

Max drawdown
-25.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.06Strong risk-adjusted returns
Sortino (3Y)
1.60Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the price return of the Invesco QQQ Trust up to an 18.22% cap while providing a buffer against the first 10% of losses.
Strategy
Invests in FLEX Options referencing the Invesco QQQ Trust to provide a buffer against the first 10% of losses and upside participation up to an 18.22% cap. Employs a target outcome strategy over the defined period from December 22, 2025 to December 18, 2026.
Inception date
December 18, 2020
Fund family
First Trust

Next steps

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Data updated on 2026-09-18