# QCJL (FT Vest Nasdaq-100® Conservative Buffer ETF - July)

First Trust · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, QCJL sits between its buffer and its cap, with QQQ up 2.8% since the period began.

## Key facts

- QCJL, can still gain: 13.1%, as of Sep 11, 2026.
- QCJL, fall before the buffer: 3.0%, as of Sep 11, 2026.
- QCJL, protection left, index points: 20.0%, as of Sep 11, 2026.
- QCJL, days to reset: 308, as of Sep 11, 2026.
- QCJL, net assets: $101m (issuer page, as of Sep 11, 2026).
- QCJL, expense ratio: 0.90% (issuer page, Sep 11, 2026).

## QCJL over each window to Sep 11, 2026

| Window | Total return | QQQ | Gap to QQQ |
| --- | --- | --- | --- |
| 3 months | +2.8% | −0.8% | +3.6 pts |
| 6 months | +8.8% | +20.7% | −11.9 pts |
| 1 year | +11.2% | +23.0% | −11.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | QQQ | ETFIQ |
| Buffer | 20% | ETFIQ |
| Outcome period | Jul 20, 2026 to Jul 16, 2027 | ETFIQ |
| Starting cap | +16.4% | ETFIQ |
| QQQ return since period start | +2.8% | ETFIQ |
| Fund return since period start | +2.2% | ETFIQ |
| Net assets | $101m | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 13.1% | issuer, fund price |
| Fall before buffer | 3.0% | issuer, fund price |
| Fall to the buffer in index terms | 2.7% | ETFIQ |
| Protection left in index points | 20.0% of 20.0% | ETFIQ |
| Days left in period | 308 | ETFIQ |
| Expense ratio | 0.90% | issuer page, Sep 11, 2026 |

## Questions

### How much can QCJL still gain?

About 13.1% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +16.4%.

### How far can QCJL fall before the buffer helps?

3.0% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms QQQ can fall 2.7% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the QCJL buffer is left?

20.0% of the 20.0% buffer sat below the QQQ level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does QCJL reset?

The outcome period ends on Jul 16, 2027, 308 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does QCJL cost?

The prospectus expense ratio is 0.90% a year.


## Cite this page

ETFIQ, QCJL, data as of Sep 11, 2026. https://etfiq.com/funds/qcjl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/qcjl  ·  JSON: https://etfiq.com/funds/qcjl.json