FT Vest Nasdaq-100 Buffer ETF - December
QDEC
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Dec 21, 2020
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest Nasdaq-100 Buffer ETF - December (QDEC) is an exchange-traded fund that seeks to provide specific target outcomes linked to the price return of the Invesco QQQ Trust, Series 1 (QQQ), which tracks the Nasdaq-100 Index, through a laddered portfolio of FLEX options contracts; over each Target Outcome Period (typically one year ending in December), it aims to deliver between 0% and a predefined cap in upside participation while buffering against the first 10%-20% of underlying losses, depending on market conditions at the start of the period. The fund primarily invests in short-term and long-term FLEX call and put options on QQQ; cash and U.S. Treasuries; and holds a concentrated portfolio where options typically comprise nearly 100% of assets in the top holdings. Launched on December 18, 2020, QDEC is part of First Trust Exchange-Traded Fund VIII, advised by First Trust Advisors L.P. (headquartered in Wheaton, Illinois), distributed by First Trust Portfolios L.P., and sub-advised by Vest Financial LLC (headquartered in McLean, Virginia), with operations domiciled in the United States and listed on the NYSE Arca exchange. In recent developments, First Trust expanded its Target Outcome ETF lineup, including the February 2025 launch of three new Target Income ETFs (LQTI, HYTI, and LTTI) in partnership with Vest Financial LLC, enhancing its offerings in defined outcome strategies across fixed-income markets; the firm also introduced DLAG, a dual directional buffer ETF based on the SPDR S&P 500 ETF (SPY), further diversifying its buffer and target outcome products. QDEC operates within the defined outcome ETF segment, targeting investors seeking equity exposure with downside protection and capped upside; it serves retail and institutional investors primarily in the U.S. market, with no significant international geographic operations beyond U.S.-listed trading. The fund resets its buffer and cap at the start of each annual Target Outcome Period, reflecting prevailing volatility and market conditions, which may cause variability in outcomes across periods.