Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.90% 0.34% 81.42M 17484.10
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 0.00% 31.53M

Basic Info

Investment Strategy
The Fund seeks to provide investors with returns that match the price return of Invesco QQQ Trust while providing a buffer against the first 20% of Underlying ETF losses, from January 21, 2025 through January 16, 2026. The Fund invest all of its assets in FLEX Options that reference the price of Invesco QQQ Trust.
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%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% 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
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
17.88%
-3.64%
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--
--
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15.80%
-0.17%
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13.16%
-1.41%
As of April 02, 2026.

Asset Allocation

As of February 28, 2026.
Type % Net
Cash 1.11%
Stock 0.00%
Bond 0.00%
Convertible 0.00%
Preferred 0.00%
Other 98.89%
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Basic Info

Investment Strategy
The Fund seeks to provide investors with returns that match the price return of Invesco QQQ Trust while providing a buffer against the first 20% of Underlying ETF losses, from January 21, 2025 through January 16, 2026. The Fund invest all of its assets in FLEX Options that reference the price of Invesco QQQ Trust.
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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