Data as of Nov 4, 2026.

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Buffer ETFs

PQOC vs QSPT: Cap, Buffer & Days Left

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As of Nov 4, 2026 PQOC can fall 0.0% before its buffer engages and QSPT 0.0%, and QSPT resets 13 days sooner.

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Net assets: $29m on Nov 4, 2026 for PGIM Nasdaq-100 Buffer 12 ETF - October, and $710m on Nov 3, 2026 for FT Vest Nasdaq-100 Buffer ETF - September.

At a glance
0.0%
PQOC can fall this far before its buffer
0.0%
QSPT can fall this far before its buffer
25.4%
PQOC can still gain
23.7%
QSPT can still gain
PQOC Buffer working
Buffer workingPQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.5.5 pts+21.4% more to the cap−12.0% floor0% period start+21.4% capTODAY · QQQ −6.5%Buffer workingPQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.+21.4% to cap−12.0% floor0% start+21.4% cap5.5 of 12 pts of buffer leftTODAY · QQQ −6.5%

PQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.

PQOC: reference −6.5% since period start, fund −3.6%; buffer 0 to −12; cap +21.4%; Buffer working. Data to Nov 4, 2026.
QSPT Buffer working
Buffer workingQSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.5.9 pts+21.9% more to the cap−10.0% floor0% period start+21.9% capTODAY · QQQ −4.1%Buffer workingQSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.+21.9% to cap−10.0% floor0% start+21.9% cap5.9 of 10 pts of buffer leftTODAY · QQQ −4.1%

QSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.

QSPT: reference −4.1% since period start, fund −2.2%; buffer 0 to −10; cap +21.9%; Buffer working. Data to Nov 4, 2026.

Pair scorecard

PQOC costs 0.40 points a year less; their one-year returns differ by 1.9 points; QSPT is far larger, $710m against $28m.

Points (pts) are percentage points.

PQOC vs QSPT: Cap, Buffer & Days Left
MeasurePQOCQSPT
Return
Total return, 1 year+10.3%+12.2%
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.50%0.90%
Net assets, as of Nov 3, 2026$28m$710m
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · QSPT scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score5.7PQOC6.3QSPT

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: PQOC vs QSPT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowPQOCQSPTPQOCQSPT
3 months−1.1%−0.1%+2.4 pts+3.4 pts
6 months+2.1%+3.4%+2.7 pts+3.9 pts
1 year+10.3%+12.2%−1.5 pts+0.4 pts
3 years–+58.4%–−29.8 pts
Since launchNot the same days: PQOC Jan 2025 · QSPT Sep 2021+25.1%+75.7%−10.5 pts−13.5 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

PQOC PGIM Nasdaq-100 Buffer 12 ETF - October · Absorbs the first 12% of loss on QQQ and caps the gain at 21.4%, over a period ending Sep 30, 2027 QSPT FT Vest Nasdaq-100 Buffer ETF - September · Absorbs the first 10% of loss on QQQ and caps the gain at 21.9%, over a period ending Sep 17, 2027
Reference index QQQ QQQ
Buffer 12% 10%
Outcome period Oct 1, 2026 to Sep 30, 2027 Sep 21, 2026 to Sep 17, 2027
Days left 330 317
Starting cap +21.4% +21.9%
Can still gain 25.4% 23.7%
Fall before buffer 0.0% 0.0%
Protection left, index points 5.5% of 12.0% 5.9% of 10.0%
Index return this period −6.5% −4.1%
Fund return this period −3.6% −2.2%
State today Buffer working Buffer working
Expense ratio 0.50% 0.90%
Net assets, PQOC as of Nov 4, 2026 and QSPT as of Nov 3, 2026 $29m $710m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

QSPT resets first, on Sep 17, 2027, 317 days from now; PQOC runs to Sep 30, 2027, 330 days. PQOC can still gain 25.4% before its cap, QSPT 23.7%. A fall from here reaches PQOC’s buffer after 0.0% and QSPT’s after 0.0%. Both track QQQ, so what separates them is where each is in its own period.

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About each fund
PQOC

From its price on Nov 4, 2026, the fund can gain about 25.4% more before it reaches its cap. Protection left, in index points: 5.5% of the 12.0% buffer still sits below today's QQQ level. 330 days remained on Nov 4, 2026. On Sep 30, 2027 the period ends and a new cap is set.

QSPT

From its price on Nov 4, 2026, the fund can gain about 23.7% more before it reaches its cap. Protection left, in index points: 5.9% of the 10.0% buffer still sits below today's QQQ level. 317 days remained on Nov 4, 2026. On Sep 17, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, PQOC or QSPT?
From their prices on Nov 4, 2026, PQOC can gain about 25.4% before its cap and QSPT about 23.7%, so PQOC has more room left this period.
Which resets first, PQOC or QSPT?
PQOC ends its outcome period on Sep 30, 2027 and QSPT on Sep 17, 2027. A new cap is set the day after each.
Which is cheaper, PQOC or QSPT?
PQOC charges 0.50% a year and QSPT charges 0.90%, so PQOC is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, PQOC against QSPT, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pqoc-vs-qspt

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.