FT Vest Laddered Nasdaq Buffer ETF
BUFQ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jun 16, 2022
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest Laddered Nasdaq Buffer ETF (BUFQ) is an actively managed exchange-traded fund-of-funds that seeks capital appreciation by providing investors with large-cap equity market exposure to the Nasdaq-100 Index while attempting to limit downside risk through a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs; these underlying ETFs employ FLEX options strategies to target the price return of the Invesco QQQ Trust, Series 1 (QQQ), up to a predetermined upside cap, with a buffer against the first 10% of QQQ losses over one-year target outcome periods. The fund holds approximately equal allocations across four underlying buffer ETFs with quarterly reset cycles—typically those resetting in March, June, September, and December—providing continuous exposure to refreshed caps and buffers; top holdings include FT Vest Nasdaq-100 Buffer ETF – December, FT Vest Nasdaq-100 Buffer ETF – September, FT Vest Nasdaq-100 Buffer ETF – June, and FT Vest Nasdaq-100 Buffer ETF – March, representing over 99% of assets, with a net expense ratio of 1.00% and total net assets of approximately $1.01 billion. BUFQ trades on Cboe BZX Exchange, is available to U.S. investors, and features predominantly U.S. large-cap growth stocks in technology, communication services, and consumer cyclical sectors via its underlying holdings. Launched on June 15, 2022, BUFQ is part of First Trust Exchange-Traded Fund VIII, a series sponsored and distributed by First Trust Portfolios L.P., with investment advisory services provided by First Trust Advisors L.P. (founded in 1991) and sub-advisory by Cboe Vest Financial LLC; the firm, headquartered at 120 East Liberty Drive, Suite 400 in Wheaton, Illinois, manages a broad suite of ETFs, target outcome products, and other investment vehicles. Operations focus on U.S. markets, serving individual and institutional investors seeking defined outcome strategies in equities. In May 2024, the fund underwent a name change from FT Vest Fund of Nasdaq-100 Buffer ETFs to its current designation, aligning with similar rebranding across First Trust's buffer ETF lineup—including BUFR (now FT Vest Laddered Buffer ETF) and BUFD (now FT Vest Laddered Deep Buffer ETF)—to better reflect their laddered structures. First Trust Advisors has pursued strategic expansions in its ETF offerings, completing mergers of energy income closed-end funds into the FT Energy Income Partners Enhanced Income ETF (EIPI) in May 2024 and reorganizations of WCM funds into First Trust products in October 2024; additionally, the firm terminated its sub-advisory partnership with TCW Group for $8 billion in fixed-income ETFs in early 2025, transitioning management to Smith Capital Investors. These moves support ongoing growth in the target outcome ETF segment, where BUFQ has achieved assets exceeding $1 billion and a 52-week high share price above $35 in November 2025.