Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SQBA vs VOO: how they differ
SQBA and VOO are measured over different days, and VOO charges 0.03% against 0.85%.
FT Vest U.S. Equity Quarterly 15 Buffer ETF and Vanguard 500 Index Fund.
| SQBA FT Vest U.S. Equity Quarterly 15 Buffer ETF | VOO Vanguard 500 Index Fund | |
|---|---|---|
| Where it sits | Buffer ETF | Core index fund |
| Issuer | First Trust | Vanguard |
| What it is | Defined outcome, 15% on SPY | S&P 500 |
| Total return, 1 year | not published | +17.6% |
| S&P 500 over the same days | not published | +17.5% |
| Gap to the S&P 500 | not available | +0.1 pts |
| Expense ratio | 0.85% | 0.03% |
| Holdings | not filed | 506 |
SQBA in plain words
From its price on Sep 12, 2026, the fund can gain about 2.2% more before it reaches its cap. The fund's price can fall 0.4% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 14.8% of the 15.0% buffer still sits below today's SPY level. 70 days remained on Sep 12, 2026. On Nov 20, 2026 the period ends and a new cap is set.
VOO in plain words
VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.
Questions people ask
- Which is cheaper, SQBA or VOO?
- SQBA charges 0.85% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
- Are SQBA and VOO the same kind of fund?
- No. SQBA is a buffer ETF and VOO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SQBA against VOO, data as of Sep 12, 2026. https://etfiq.com/compare/any/SQBA-VOO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources