First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Conservative Buffer ETF - July

Frequently Asked Questions About QCJL

What does QCJL invest in?

Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange® Options that reference the price performance of the Invesco QQQ TrustSM, Series 1. The fund is non-diversified.

What is the expense ratio of QCJL?

First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QCJL?

First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) manages $103.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is QCJL actively managed or an index fund?

QCJL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was QCJL launched?

First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) launched in July 2024 and is managed by First Trust.

How has QCJL performed?

QCJL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.