First Trust Exchange-Traded Fund VIII FT Vest U.S. Equity Quarterly Max Buffer ETF
32.13USDR
+0.00+0.01%
Last update at 20:10 GMT
USD
No tradesPost-market
Key stats
About First Trust Exchange-Traded Fund VIII FT Vest U.S. Equity Quarterly Max Buffer ETF
Home page
Inception date
Dec 20, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
SQMX utilizes a target outcome strategy with FLEX Options to provide a buffer against the first 12.44% of losses in the SPDR S&P 500 ETF over a three-month Target Outcome Period. In exchange for this protection, the fund sets an upside cap of at least 3%. The objective aims for the highest buffer possible while ensuring a minimum cap of 3%. Losses that exceed the buffer result in a direct one-to-one impact on the fund. To achieve the intended results, shares must be held throughout the entire period. At the end of each Target Outcome Period, the fund resets its cap and buffer levels according to current market conditions. It is important to note that the calculations for cap and buffer do not include the fund's expense ratio, which could diminish net returns. This strategy is designed to adapt quarterly, responding to market trends while seeking to balance risk and return.
Classification
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.03%
Cash0.97%
Top 10 holdings
Symbol
Assets
O
OPTIONS
99.03%
U
U.S. Dollar
0.97%
Top 10 weight100.00%
2 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SQMX trades at 32.13 USD today, its price has risen 0.01% in the past 24 hours. Track more dynamics on SQMX price chart.
SQMX net asset value is 32.14 today — it's risen 0.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SQMX assets under management is 5.63 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SQMX price has risen by 0.82% over the last month, and its yearly performance shows a 4.00% increase. See more dynamics on SQMX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.82% over the last month, showed a 4.81% increase in three-month performance and has increased by 4.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.82% over the last month, showed a 4.81% increase in three-month performance and has increased by 4.55% in a year.
SQMX fund flows account for 5.39 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SQMX invests in cash. See more details in our Analysis section.
SQMX expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SQMX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SQMX doesn't pay dividends to its holders.
SQMX trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SQMX shares are issued by AJM Ventures LLC
SQMX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 20, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.