SQMXFT Vest U.S. Equity Quarterly Max Buffer ETF
Seeks to provide returns that match the price return of the Underlying ETF up to a predetermined upside cap while providing a buffer against losses.
By First Trust · Launched 2024
Annual Cost
0.85%
#4,678 of 6,040 · expensive
Fund Size
$55M
#3,675 of 6,040 · mid-size
Return (1Y)
+7.2%
Track Record
1 year
#3,962 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,714+7.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 7 holdings = 100.1% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 3 C6.81
93.6%
CBOE GLOBAL MARKETS, INC.SPY 3 C6.81
4.6%
CBOE GLOBAL MARKETS, INC.SPY 3 P680.59
1.3%
Dreyfus Government Cash Management Funds
1.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P608.58
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P608.58
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 C701.01
-0.4%
Asset allocation
Stocks
99.0%
Cash
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.8%Low
Year-on-year price swings
Max drawdown
-7.4%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 Underlying ETF up to a predetermined upside cap while providing a buffer against losses.
- Strategy
- Employs a target outcome strategy using FLEX Options to provide a buffer against losses of the Underlying ETF while setting a predetermined upside cap of at least 3%. Seeks to provide the maximum available buffer against losses, currently set at 12.62%.
- Inception date
- December 19, 2024
- Fund family
- First Trust
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Data updated on 2026-09-18