- Issuer
- First Trust
- Inception Date
- Jul 19, 2024
- Region
- North America (U.S.)
- Category
- Nasdaq-100, Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Highlights
- Avg. Volume (1M)
- 36K
- Avg. Volume Value (1M)
- $901.40K
Share Price Chart
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Performance
QCJL Performance Chart
FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) is up 6.7% since the beginning of the year. QCJL is currently trading at $25 per share.
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Returns By Period
FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) has returned 6.66% so far this year and 11.89% over the past 12 months.
FT Vest Nasdaq-100 Conservative Buffer ETF - July
- 1D
- -0.20%
- 1M
- 1.20%
- 6M
- 6.39%
- YTD
- 6.66%
- 1Y
- 11.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.22%
Benchmark (S&P 500 Index)
- 1D
- -0.14%
- 1M
- 0.35%
- 6M
- 9.07%
- YTD
- 9.55%
- 1Y
- 18.85%
- 3Y*
- 18.24%
- 5Y*
- 11.19%
- 10Y*
- 13.18%
- ALL TIME*
- 8.09%
QCJL Monthly Returns History
Based on dividend-adjusted daily data since Jul 22, 2024, QCJL's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.
Historically, 76% of months were positive and 24% were negative. The best month was May 2025 with a return of +5.2%, while the worst month was Mar 2025 at -3.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, QCJL closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -3.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.57% | -0.40% | -1.56% | 5.13% | 1.40% | 0.44% | 1.02% | 6.66% | |||||
| 2025 | 1.26% | -0.71% | -3.53% | 0.84% | 5.20% | 3.58% | 1.33% | 0.87% | 1.88% | 1.15% | 0.07% | 0.69% | 13.10% |
| 2024 | -0.64% | 0.90% | 1.49% | -0.29% | 2.57% | 0.31% | 4.38% |
Benchmark Metrics
FT Vest Nasdaq-100 Conservative Buffer ETF - July has an annualized alpha of 3.40%, beta of 0.51, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since July 22, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (47.92%) than losses (19.06%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.40% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.51 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.40%
- Beta
- 0.51
- R²
- 0.85
- Upside Capture
- 47.92%
- Downside Capture
- 19.06%
Expense Ratio
QCJL has an expense ratio of 0.90%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QCJL ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QCJL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.27 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.08 | +0.90 |
| Martin ratioReturn relative to average drawdown | 15.23 | 8.97 | +6.26 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the FT Vest Nasdaq-100 Conservative Buffer ETF - July. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FT Vest Nasdaq-100 Conservative Buffer ETF - July was 11.18%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.
The current FT Vest Nasdaq-100 Conservative Buffer ETF - July drawdown is 0.20%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-11.18%Apr 2025 | 1mo 17d | 1mo 19d | 3mo 6dFeb 2025 - May 2025 | 2025 selloff2025 |
-4.09%Aug 2024 | 15d | 12d | 27dJul 2024 - Aug 2024 | — |
-4.00%Mar 2026 | 2mo | 11d | 2mo 11dJan 2026 - Apr 2026 | — |
-3.01%Sep 2024 | 15d | 13d | 28dAug 2024 - Sep 2024 | — |
-2.31%Nov 2025 | 21d | 13d | 1mo 4dOct 2025 - Dec 2025 | — |
Drawdown Indicators
| QCJL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.18% | -56.78% | +45.60% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -9.10% | +5.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.20% | -1.46% | +1.26% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -10.70% | +9.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 2.11% | -1.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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