# FT Vest Nasdaq-100 Conservative Buffer ETF – April (QCAP) — Overview

QCAP · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/qcap

## Price

Last close $25.52 on Oct 15, 2026. 52-week range $23.27 – $25.72.

## Fund profile

QCAP is to seek to provide investors with returns (before fees and expenses) that match the price return of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 15.21% while providing a buffer (before fees and expenses) against the first 20% of Underlying ETF losses, over the period from April 22, 2024 through April 17, 2025.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Apr 19, 2024 |
| Assets under management | $126.3M |
| Expense ratio | 0.90% |
| Net asset value | $25.52 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is FT Vest Nasdaq-100 Conservative Buffer ETF – April (QCAP)?

QCAP is to seek to provide investors with returns (before fees and expenses) that match the price return of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 15.21% while providing a buffer (before fees and expenses) against the first 20% of Underlying ETF losses, over the p…

### What is QCAP's expense ratio?

FT Vest Nasdaq-100 Conservative Buffer ETF – April charges an annual expense ratio of 0.90%. The fund is issued by First Trust Advisors L.P..

### How large is QCAP?

FT Vest Nasdaq-100 Conservative Buffer ETF – April manages $126.3M in assets and has traded since Apr 19, 2024.

### How do I buy shares of FT Vest Nasdaq-100 Conservative Buffer ETF – April (QCAP)?

QCAP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).