SQMX — FT Vest U.S. Equity Quarterly Max Buffer ETF
FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX)
SQMX pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 12.8% over the past 1.6 years, 20.0 points behind SPY at 32.8%. Its deepest 1-year drawdown was 2.0%.
SQMX is an equity-based ETF that employs a buffer strategy designed to provide downside protection while maintaining upside exposure to U.S. equities through quarterly resets. The fund carries an expense ratio of 0.85% and currently offers no yield distribution, positioning it as a capital appreciation vehicle rather than an income-focused strategy. This ETF appeals to investors seeking portfolio protection mechanisms and smoother return profiles, rather than those prioritizing regular dividend income.
SQMX key facts
- Issuer
- First Trust
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/19/2024
- Expense ratio
- 0.85%
- Distribution rate
- 0.00%
- Last close
- $34.77
- AUM
- $54,079,738
- Average volume
- 826.0
- Beta
- 0.2091
- P/E ratio
- 26.4908
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