- ISIN
- US33740F1930
- CUSIP
- 33740F193
- Issuer
- First Trust
- Inception Date
- Aug 16, 2024
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Highlights
- Avg. Volume (1M)
- 5K
- Avg. Volume Value (1M)
- $128.45K
Share Price Chart
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Performance
QMAG Performance Chart
FT Vest Nasdaq-100 Moderate Buffer ETF - August (QMAG) is up 7.6% since the beginning of the year. QMAG is currently trading at $25 per share.
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Returns By Period
FT Vest Nasdaq-100 Moderate Buffer ETF - August (QMAG) has returned 7.59% so far this year and 13.35% over the past 12 months.
FT Vest Nasdaq-100 Moderate Buffer ETF - August
- 1D
- 0.41%
- 1M
- 0.76%
- 6M
- 6.93%
- YTD
- 7.59%
- 1Y
- 13.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.29%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
QMAG Monthly Returns History
Based on dividend-adjusted daily data since Aug 19, 2024, QMAG's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.
Historically, 75% of months were positive and 25% were negative. The best month was Apr 2026 with a return of +6.8%, while the worst month was Mar 2025 at -3.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, QMAG closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +7.3%, while the worst single day was Apr 4, 2025 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | -0.69% | -2.08% | 6.75% | 2.08% | 0.48% | 0.43% | 7.59% | |||||
| 2025 | 1.27% | -0.80% | -3.79% | 1.09% | 5.31% | 3.33% | 1.57% | 0.24% | 2.58% | 1.39% | -0.04% | 0.56% | 13.16% |
| 2024 | 0.45% | 1.15% | -0.11% | 2.71% | 0.43% | 4.71% |
Benchmark Metrics
FT Vest Nasdaq-100 Moderate Buffer ETF - August has an annualized alpha of 2.89%, beta of 0.61, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since August 19, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (53.95%) than losses (26.31%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.89% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.61 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
- 2.89%
- Beta
- 0.61
- R²
- 0.89
- Upside Capture
- 53.95%
- Downside Capture
- 26.31%
Expense Ratio
QMAG has an expense ratio of 0.90%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QMAG ranks 77 for risk / return — above 77% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for FT Vest Nasdaq-100 Moderate Buffer ETF - August (QMAG) 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.
| QMAG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.00 | +0.45 |
| Martin ratioReturn relative to average drawdown | 11.43 | 8.49 | +2.93 |
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 Moderate Buffer ETF - August. 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 Moderate Buffer ETF - August was 12.44%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-12.44%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 | 2025 selloff2025 |
-5.23%Mar 2026 | 2mo | 14d | 2mo 14dJan 2026 - Apr 2026 | — |
-3.28%Sep 2024 | 15d | 13d | 28dAug 2024 - Sep 2024 | — |
-2.92%Nov 2025 | 21d | 14d | 1mo 5dOct 2025 - Dec 2025 | — |
-1.71%Aug 2025 | 3d | 21d | 24dAug 2025 - Sep 2025 | — |
Drawdown Indicators
| QMAG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.44% | -56.78% | +44.34% |
Max Drawdown (1Y)Largest decline over 1 year | -5.23% | -9.10% | +3.87% |
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 | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -10.70% | +9.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 2.14% | -1.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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