IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Buffer ETFs

QBQF vs QSPT: Cap, Buffer & Days Left

Share
Share on XDownload as PDF

As of Nov 4, 2026 QBQF can fall 0.0% before its buffer engages and QSPT 0.0%, and QBQF resets 260 days sooner.

askIQ about this page

askIQ about QBQF and QSPT

Net assets on Nov 3, 2026: $13m for AllianzIM Growth-100 Buffer15 ETF - Jan and $710m for FT Vest Nasdaq-100 Buffer ETF - September.

QBQF on its own →QSPT on its own →
At a glance
0.0%
QBQF can fall this far before its buffer
0.0%
QSPT can fall this far before its buffer
4.6%
QBQF can still gain
23.7%
QSPT can still gain
QBQF Buffer working
Buffer workingQBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.8.5 of 15 pts left−15.0% floor0% period start+3.6% cap+3.6% more to the capTODAY · QQQ −6.5%Buffer workingQBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.−15.0% floor0% start+3.6% cap8.5 of 15 pts of buffer left+3.6% more to the capTODAY · QQQ −6.5%

QBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; Buffer working. Data to Nov 4, 2026.

QBQF: reference −6.5% since period start, fund −1.1%; buffer 0 to −15; cap +3.6%; 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

QBQF costs 0.16 points a year less; QSPT is far larger, $710m against $13m.

Points (pts) are percentage points.

QBQF vs QSPT: Cap, Buffer & Days Left
MeasureQBQFQSPT
Return
Total return, 1 yearnot published+12.2%
Benchmark
What it tracksQQQQQQ
Cost and size
Expense ratio0.74%0.90%
Net assets, as of Nov 3, 2026$13m$710m
Holdings
Holdings in commonnot published
ETFIQ Downside Cover Score · QBQF scores higher If the market falls into a bear market from here, how much does the buffer absorb?
IQ Buffer Score14.9QBQF6.3QSPT

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: QBQF vs QSPT: Cap, Buffer & Days Left
Total returnGap to the reference's price return
WindowQBQFQSPTQBQFQSPT
3 months−1.1%−0.1%+2.4 pts+3.4 pts
6 months−0.2%+3.4%+0.3 pts+3.9 pts
1 year–+12.2%–+0.4 pts
3 years–+58.4%–−29.8 pts
Since launchNot the same days: QBQF Apr 2026 · QSPT Sep 2021+2.4%+75.7%−16.1 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

QBQF AllianzIM Growth-100 Buffer15 ETF - Jan · Absorbs the first 15% of loss on QQQ and caps the gain at 3.6%, over a period ending Dec 31, 2026 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
Issuer AllianzIM First Trust
Reference index QQQ QQQ
Buffer 15% 10%
Outcome period Oct 1, 2026 to Dec 31, 2026 Sep 21, 2026 to Sep 17, 2027
Days left 57 317
Starting cap +3.6% +21.9%
Can still gain 4.6% 23.7%
Fall before buffer 0.0% 0.0%
Protection left, index points 8.5% of 15.0% 5.9% of 10.0%
Index return this period −6.5% −4.1%
Fund return this period −1.1% −2.2%
State today Buffer working Buffer working
Expense ratio 0.74% 0.90%
Net assets, as of Nov 3, 2026 $13m $710m

As of Nov 4, 2026. Source: ETFIQ.

They do not reset together. QBQF has 57 days of its period left and QSPT has 317, so the two are not the same bet on the same months.

Where each one stands today

QBQF resets first, on Dec 31, 2026, 57 days from now; QSPT runs to Sep 17, 2027, 317 days. QBQF can still gain 4.6% before its cap, QSPT 23.7%. A fall from here reaches QBQF’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.

Alert

QSPT flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
QBQF

From its price on Nov 4, 2026, the fund can gain about 4.6% more before it reaches its cap. Protection left, in index points: 8.5% of the 15.0% buffer still sits below today's QQQ level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 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, QBQF or QSPT?
From their prices on Nov 4, 2026, QBQF can gain about 4.6% before its cap and QSPT about 23.7%, so QSPT has more room left this period.
Which resets first, QBQF or QSPT?
QBQF ends its outcome period on Dec 31, 2026 and QSPT on Sep 17, 2027. A new cap is set the day after each.
Which is cheaper, QBQF or QSPT?
QBQF charges 0.74% a year and QSPT charges 0.90%, so QBQF is cheaper. Fees come from each fund's prospectus.
Other comparisons
QBQF vs QDECQBQF vs NJANQBQF vs QBUFQBQF vs QBQVQSPT vs CPNSQSPT vs DDNQQSPT vs QBQVQSPT vs QBUF
Where to next
Invesco QQQ Trust℠ →QBQF on its own →QSPT on its own →Method →Standards and sources →
Sources and dates
QBQF filings on SEC EDGAR ↗
AllianzIM page for QBQF ↗
QSPT filings on SEC EDGAR ↗
First Trust page for QSPT ↗

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

Open data →

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