SQBA ETF — FT Vest U.S. Equity Quarterly 15 Buffer ETF

FT Vest U.S. Equity Quarterly 15 Buffer ETF (SQBA)

Updated October 8, 2026.

SQBA is an ETF. its expense ratio is 0.85%. Total return is 23.6% over the past 0.1 years, 22.3 points ahead of SPY at 1.3%.

FT Vest U.S. Equity Quarterly 15 Buffer ETF is an ETF that invests in FLEX Options referencing the SPDR S&P 500 ETF to provide quarterly resets with a 15% downside buffer against S&P 500 losses. The fund does not currently distribute income to shareholders. With an expense ratio of 0.85%, this fund appeals to equity investors seeking downside protection strategies rather than income generation.

SQBA performance versus SPY

Price and return data through 2026-10-08.

Total return is 23.6% over the past 0.1 years, 22.3 points ahead of SPY at 1.3%.

SQBA key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/21/2026

Expense ratio

0.85%

Last close

$30.89 (as of 2026-10-08)

AUM

$3,082,811

Average volume

10.0

P/E ratio

24.31

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider SQBA — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from First Trust.