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FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) Alternatives

ETF · Currency in USD · Last updated Aug 5, 2026

The FT Vest Nasdaq-100 Conservative Buffer ETF - July is a defined-outcome ETF that seeks to provide returns, before fees and expenses, that track the price return of the Invesco QQQ Trust up to a predetermined cap while buffering the first 20% of losses over a one-year outcome period ending in July.

FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QCJL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to QCJL

QCJL charges 0.90% annually. There are 42 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.10%.

SymbolNameExpense RatioAUMInception
QNDX
SPDR Portfolio Nasdaq 100 ETF0.10%150.50MJun 2026QCJL vs QNDX
IQQ
iShares Nasdaq 100 ETF0.10%302.44MJul 2026QCJL vs IQQ
QQQM
Invesco NASDAQ 100 ETF0.15%97.11BOct 2020QCJL vs QQQM
QQQ
Invesco QQQ ETF0.18%452.80BMar 1999QCJL vs QQQ
QNXT
iShares Nasdaq-100 ex Top 30 ETF0.20%28.20MOct 2024QCJL vs QNXT

Best Risk-Adjusted Alternatives to QCJL

QCJL has a PortfoliosLab risk / return rank of 85. There are 6 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.

SymbolNameRisk / Return RankAUMInception
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April
97
207.95MMar 2020QCJL vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
97
26.30MDec 2024QCJL vs PQAP
QB
ProShares Nasdaq-100 Dynamic Daily Buffer ETF
96
2.87MJun 2025QCJL vs QB
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
95
566.25MMar 2021QCJL vs QMAR
FTQI
First Trust Nasdaq BuyWrite Income ETF
88
907.91MJan 2014QCJL vs FTQI

Top Performing QCJL Alternatives (YTD)

QCJL is at 7.80% YTD. There are 37 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 49.72%.

SymbolNameYTD ReturnAUMInception
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
49.72%
69.09MMay 2021QCJL vs QQQA
QTEC
First Trust NASDAQ-100 Technology Sector Index Fun...
38.96%
4.57BApr 2006QCJL vs QTEC
QQQG
Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E...
28.97%
20.86MAug 2024QCJL vs QQQG
BALQ
iShares Nasdaq Premium Income Active ETF
21.62%
16.09MDec 2025QCJL vs BALQ
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
19.62%
1.33BMar 2012QCJL vs QQQE

Lowest Volatility Alternatives to QCJL

QCJL has 6.00% 1-year volatility. There are 3 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 4.26%.

SymbolNameVolatility 1YAUMInception
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April4.26%—Apr 2024QCJL vs QCAP
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April4.76%207.95MMar 2020QCJL vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April5.46%26.30MDec 2024QCJL vs PQAP
QBUF
Innovator Nasdaq-100 10 Buffer ETF - Quarterly6.27%162.74MJun 2024QCJL vs QBUF
QRMI
Global X NASDAQ 100 Risk Managed Income ETF6.78%14.30MAug 2021QCJL vs QRMI

Lowest Drawdown Alternatives to QCJL

QCJL has a 1-year max drawdown of -4.00%. There are 6 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -2.06%.

SymbolNameMax Drawdown 1YAUMInception
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April
-2.06%
207.95MMar 2020QCJL vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
-2.52%
26.30MDec 2024QCJL vs PQAP
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April
-2.58%
—Apr 2024QCJL vs QCAP
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
-3.21%
566.25MMar 2021QCJL vs QMAR
QB
ProShares Nasdaq-100 Dynamic Daily Buffer ETF
-3.47%
2.87MJun 2025QCJL vs QB

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CIBR
First Trust NASDAQ Cybersecurity ETFCybersecurity, Technology Equities
43
37.43%
14.31BJul 2015QCJL vs CIBR
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastru...Infrastructure Equities, Alternative Energy Equities, Energy Equities
50
22.61%
11.67BNov 2009QCJL vs GRID
AIRR
First Trust RBA American Industrial Renaissance ET...Building & Construction
58
24.83%
10.18BMar 2014QCJL vs AIRR
NFTY
First Trust India NIFTY 50 Equal Weight ETFIndia Equities, Equal Weight, Asia Pacific Equities
10
-4.28%
118.19MFeb 2012QCJL vs NFTY
FDL
First Trust Morningstar Dividend Leaders Index Fun...Large Cap Value Equities, Dividend
91
19.24%
7.77BMar 2006QCJL vs FDL
IGLD
FT Vest Gold Strategy Target Income ETFGold, Derivative Income, Precious Metals
21
-6.36%
514.13MMar 2021QCJL vs IGLD
FTXL
First Trust Nasdaq Semiconductor ETFSemiconductors, Technology Equities
91
81.48%
1.27BSep 2016QCJL vs FTXL
TDIV
First Trust NASDAQ Technology Dividend Index FundTechnology Equities, Dividend
47
20.64%
4.18BAug 2012QCJL vs TDIV
QCLN
First Trust NASDAQ Clean Edge Green Energy Index F...Alternative Energy Equities, Energy Equities
43
17.28%
586.61MFeb 2007QCJL vs QCLN
RDVY
First Trust Rising Dividend Achievers ETFDividend, Large Cap Blend Equities
85
20.30%
24.89BJan 2014QCJL vs RDVY

Often Compared With QCJL

Investors most often compare QCJL with QJUN, QYLD, GPIQ. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
QJUN
FT Cboe Vest Nasdaq-100 Buffer ETF - JuneNasdaq-100, Defined Outcome
47
5.08%
656.61MJun 2021QCJL vs QJUN
QYLD
Global X NASDAQ 100 Covered Call ETFNasdaq-100, Derivative Income
83
9.77%
8.09BDec 2013QCJL vs QYLD
GPIQ
Goldman Sachs Nasdaq-100 Core Premium Income ETFNasdaq-100, Dividend
65
16.20%
5.08BOct 2023QCJL vs GPIQ
PBQQ
PGIM Laddered Nasdaq-100 Buffer 12 ETFDefined Outcome, Nasdaq-100
84
9.64%
76.27MDec 2024QCJL vs PBQQ
BUFQ
FT Vest Laddered Nasdaq Buffer ETFNasdaq-100, Options Trading
78
9.96%
1.51BJun 2022QCJL vs BUFQ
NJUL
Innovator Nasdaq-100 Power Buffer ETF - JulyNasdaq-100, Defined Outcome
57
5.94%
251.63MJun 2020QCJL vs NJUL
QTOP
iShares Nasdaq Top 30 Stocks ETFNasdaq-100
53
18.71%
276.66MOct 2024QCJL vs QTOP
HEQQ
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETFNasdaq-100, Equity Hedged
47
4.72%
29.92MMar 2025QCJL vs HEQQ
QTR
Global X NASDAQ 100 Tail Risk ETFNasdaq-100, Equity Hedged
45
13.36%
7.62MAug 2021QCJL vs QTR
QQQI
NEOS Nasdaq-100 High Income ETFNasdaq-100, Derivative Income
49
11.18%
13.40BJan 2024QCJL vs QQQI
CAIQ
Calamos Nasdaq Autocallable Income ETFNasdaq-100, Derivative Income—
12.29%
286.40MNov 2024QCJL vs CAIQ
QDTY
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETFNasdaq-100, Derivative Income
50
13.16%
24.30MFeb 2025QCJL vs QDTY
XQQI
NEOS Boosted Nasdaq-100 High Income ETFNasdaq-100, Derivative Income——259.83MFeb 2026QCJL vs XQQI
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETFNasdaq-100, Options Trading, Dividend
56
17.47%
180.69MSep 2023QCJL vs QQQY
QYLG
Global X Nasdaq 100 Covered Call & Growth ETFNasdaq-100, Derivative Income
69
14.05%
158.27MSep 2020QCJL vs QYLG
QDEC
FT Vest Nasdaq-100 Buffer ETF – DecemberNasdaq-100, Defined Outcome
75
10.08%
683.14MDec 2020QCJL vs QDEC
QQWZ
Pacer Cash COWZ 100-Nasdaq 100 Rotator ETFNasdaq-100, Tactical Allocation
46
12.02%
—May 2025QCJL vs QQWZ
IQQQ
ProShares Nasdaq-100 High Income ETFNasdaq-100, Derivative Income, Dividend
49
14.23%
394.37MMar 2024QCJL vs IQQQ
QQMG
Invesco ESG NASDAQ 100 ETFNasdaq-100
56
19.32%
194.23MOct 2021QCJL vs QQMG
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
60
9.76%
39.88BMay 2022QCJL vs JEPQ

Compare QCJL with Any Fund or Stock

Compare QCJL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair QCJL with funds that move differently

FT Vest Nasdaq-100 Conservative Buffer ETF - July alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QCJL.

Explore QCJL Diversifiers