First TrustDefined OutcomeBuffer#97 of 318 by YTD
First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - NovemberQMNV
- AUM
- $44M
- Fee
- 0.90%
- Yield
- 0.0%
- Bumpy · 1Y
- 0.6×S&P
- Volume
- 2K
- NAV
- $25.00
52-week range4% below the high
$22.31$26.00
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +1.0% | −3.6% | −1.5% | +7.0% | +10.7% | — | — | +25.4% |
| Peer average | +0.2% | +92.6% | +96.4% | +6.1% | +7.6% | +44.9% | +49.6% | — |
| S&P 500 · VOO | +0.3% | −5.0% | −4.6% | +8.7% | +9.8% | +80.8% | +71.8% | — |
QMNV in One Breath
QMNV Among Buffer ETFs
YTDEnd-of-day Nov 8, 2026 · 289 Buffer ETFs by YTD
$10,000 in QMNV
5Y$10,000 in QMNV became
$12,543
In the S&P 500 (VOO)
$12,806
Total return, dividends in · Nov 18, 2024 – Nov 6, 2026 · S&P 500 uses VOO
QMNV Returns by Period
Today1D
1M
3M
YTD
1Y
3Y
5Y
MAX
QMNV
+1.0%
−3.6%
−1.5%
+7.0%
+10.7%
—
—
+25.4%
Peer average
+0.2%
+92.6%
+96.4%
+6.1%
+7.6%
+44.9%
+49.6%
—
S&P 500 · VOO
+0.3%
−5.0%
−4.6%
+8.7%
+9.8%
+80.8%
+71.8%
—
End-of-day Nov 8, 2026 · total return, dividends in · peers = 374 Buffer ETFs
QMNV’s Defined Outcome Rank
YTD#97of 318
defined outcome ETFs
defined outcome ETFs
Best · SIXH+14.7%
QMNV+7.0%
Average+5.9%
Worst · KBUF−16.9%
Defined Outcome ETFs by YTD return · Nov 8, 2026
QMNV Price and 52-Week Range
1YFrom the 52-week high
−3.8%
From the 52-week low
+12.1%
Today $24.97 – $25.10
Previous close $24.77
52-week low$22.3152-week high$26.00
End-of-day Nov 8, 2026 · box = today’s range, dashed = previous close
QMNV’s Share of Buffer ETFs
Today0.1%
of the $85.5B in 375 Buffer ETFs
$43.7M0.1%
$10.8B12.6%
$2.2B2.6%
$72.5B84.7%
Buffer ETF AUM · Nov 8, 2026
QMNV Fee per $100 vs Peers
TodayExpense ratio · Buffer peers · Nov 8, 2026
Inside QMNV
4 holdingsQMNV
First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - November
TodayQMNV reports no holdings we can show: […]
First Trust QMNV · holdings
How It Compares
QMNV
First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - November’s Peers
1YBuffer peers · Past-year and ytd returns · as of Nov 9, 2026 · sorted by AUM
Head to Head
Put QMNV head to head with BUFR →BUFR vs QMNV
YTDYear to date
BUFR wins+0.2 pts
Past year
QMNV wins+1.8 pts
Fee
BUFR winslower fee
Yield
Level
AUM
BUFR246.9× more
2–1BUFR wins
First Trust BUFR and First Trust QMNV · year-to-date · as of Nov 9, 2026 · AUM not scored
QMNV vs VOO
1YQMNV · First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - November
+10.7%
VOO · S&P 500
+9.8%
Gap
0.9 pts
First Trust QMNV and Vanguard VOO · 1Y total return · as of Nov 9, 2026
QMNV vs Its Peer Average
YTDQMNVAvsBPeer average
1D+1.0%+0.2%
1M−3.6%+92.6%
3M−1.5%+96.4%
YTD+7.0%+6.1%
1Y+10.7%+7.6%
3Y[…]+44.9%
5Y[…]+49.6%
3–2QMNV wins
374 Buffer peers · each row scaled to its leader
How Bumpy Is QMNV?
ViewQMNV
How Bumpy
1Y0.6×the S&P 500’s swings
CalmerBumpierS&P 1×QMNV
Calm rank among 7 buffer funds#6
Other buffer funds0.4× to 0.8×
First Trust QMNV · daily swings over the past year vs the S&P 500
QMNV
Worst Drop
1Y−5.7%from its Jan 28 high
Still below the high−3.8%
$10,000 at the high is now$9,620
First Trust QMNV · fall from the highest close, past year
QMNV
On a Bad Day
1Y0.5×the S&P 500’s fall
QMNV’s worst day: Thursday, Nov 5Up days54 of every 100
S&P 500 up days52 of every 100
First Trust QMNV · average move on days the S&P 500 fell
QMNV
Return for the Bumps
1Y#1 of 7 buffer fundsRanked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%
QMNV
Cost
Today$90a year per $10,000
Expense ratio 0.90%, taken from the fund’s value
QMNV
Volatility & Beta
1Y8.5%annual volatility
S&P 500 volatility13.6%
Downside volatility6.3%
Beta vs SPY0.55
Correlation vs SPY0.89
Beta rank, lowest first, of 7#4
Daily total returns × √252 · past 254 trading days
QMNV
Max Drawdown
1Y−5.7%peak to trough
Peak closeJan 28, 2026
Current drawdown−3.8%
Worst day−3.88% · Nov 5
Closing prices, dividends in
QMNV
Up / Down Capture
1Y49%down capture vs SPY
Up ÷ down capture1.14
Up days53.5% (S&P 52.0%)
Average daily move on SPY up days and down days
QMNV
Sharpe & Sortino vs Peers
1YSharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only
QMNV
Trading
Today+0.04%above its holdings’ value
Close$25.01
NAV$25.00
Fee per $10,000$90 a year
Avg. volume 30D4K shares
Close vs net asset value, Nov 6
The Details
QMNV
Fund Facts
Today2024launched Nov 15
Tracks[…]
Exchange · CUSIPCBOE · 33740U513
StructureETF
Leverage1x
Cost on $10,000$90 a year
Go deeper
First Trust QMNV · fund facts · as of Nov 9, 2026
QMNV
Payouts by Year
Today$0no payouts on record
QMNV does not pay a distribution.
Distribution yield0.0%
Paid[…]
Latest ex-date · paid[…]
12 payouts added up[…]
First Trust QMNV · distributions by ex-date
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Trading & Liquidity
Net asset value$25.00
Premium / discount[…]
Median spread · 30D[…]
Volume today2K
Average volume · 30D4K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.90%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$90.00
Our risk indicator3/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
No payouts on record: […]
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