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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.10% 0.07% 1.161B 127833.4
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 1.00% 158.23M Upgrade

Basic Info

Investment Strategy
The Fund seeks to invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the Invesco QQQ TrustSM, Series 1, up to a predetermined upside cap, while providing a buffer against the first 10% of QQQ losses, over a defined one-year period.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Peer Group Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Peer Group (NAV)
--
--
--
--
--
--
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
--
--
--
--
35.51%
16.41%
14.03%
0.89%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
17.88%
1.80%
0.00%
8.29%
11.55%
-18.92%
20.95%
15.35%
14.20%
0.87%
--
--
7.86%
-11.67%
29.52%
13.93%
15.67%
0.86%
--
--
17.23%
-22.26%
29.29%
16.40%
18.12%
1.09%
--
--
--
-16.56%
35.47%
16.11%
10.89%
0.51%
As of January 10, 2026.

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.64%
Stock 0.00%
Bond 0.00%
Convertible 0.00%
Preferred 0.00%
Other 99.36%
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Basic Info

Investment Strategy
The Fund seeks to invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the Invesco QQQ TrustSM, Series 1, up to a predetermined upside cap, while providing a buffer against the first 10% of QQQ losses, over a defined one-year period.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

View Basic Info
Start Trial

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