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QCAP ETF Profile


Family: First Trust
Name: FT Vest Nasdaq-100 Conservative Buffer ETF - April
Inception Date: 19-Apr-2024
Termination Date:
Investment Objective: The investment objective of the FT Vest Nasdaq-100 Conservative Buffer ETF - April (the "Fund") is to seek to provide investors with returns (before fees and expenses) that match the price return of the Invesco QQQ TrustSM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 15.21% while providing a buffer (before fees and expenses) against the first 20% of Underlying ETF losses, over the period from April 22, 2024 through April 17, 2025. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Invesco QQQ TrustSM, Series 1 (the "Underlying ETF"). The Underlying ETF is an exchange-traded unit investment trust that uses a full replication strategy, meaning it invests in all of the stocks in the Nasdaq-100 Index. Invesco Capital Management LLC ("Invesco") serves as the Underlying ETF's sponsor. The investment objective of the Underlying ETF is to seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Nasdaq-100 Index. The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on Nasdaq, Inc. based on market capitalization.
Prospectus
Top 10 Holdings
2025-04-17 Invesco QQQ Trust Series 1 C 4.14 10,091.5100%
Derivatives offset -9,650.4460%
2025-04-17 Invesco QQQ Trust Series 1 C 477.71 -658.6759%
2025-04-17 Invesco QQQ Trust Series 1 P 414.64 291.7096%
US Dollar 100.0000%
2025-04-17 Invesco QQQ Trust Series 1 P 331.71 -74.1032%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 6
Shares Outstanding: 1,150,002
Total Net Assets: 23,747,540
NAV: 20.73
Net Expense Ratio: 0.90%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Buffer protect options strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic