FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) Dividend Yield, History & Forecast

FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $151M.

QMMY fund composition

QMMY holds 4 positions. It charges an expense ratio of 0.90%, and manages $153.2M.

Sector allocation

Technology58.9%Communication Services12.9%Consumer Cyclical11.2%Consumer Defensive6.2%Healthcare4.0%Industrials3.9%Utilities1.1%Basic Materials1.0%Other0.7%

Frequently Asked Questions about FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY)

What does FT Vest Nasdaq-100 Moderate Buffer ETF - May invest in?
QMMY uses flex options in an effort to moderate losses on the Invesco QQQ Trust over a one-year period, starting each May. The fund foregoes some upside return on QQQs price performance in exchange for preventing the realization of the first 15% losses. Should QQQs share price decline by more than 15%, investors participate in the downside performance on a $1 for $1 basis. At the end of the target outcome period, the fund will reset for a new outcome period tied to the same index and buffer, but the cap may change based on market rates. Investors who buy at any other time than the annual...