SQBA — FT Vest U.S. Equity Quarterly 15 Buffer ETF

SQBA Fund Overview

SQBA — FT Vest U.S. Equity Quarterly 15 Buffer ETF is a US ETF managed by First Trust Exchange-Traded Fund VIII, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: First Trust Exchange-Traded Fund VIII
• Category: United States Large Cap Blend / Core Equity
• Ticker: SQBA
• SEC CIK: 0001667919
• SEC series ID: S000105771
• Share class ID: C000276556

SQBA Investment Objective and Strategy

FT Vest U.S. Equity Quarterly 15 Buffer ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund VIII.

Investment objective

The investment objective of the FT Vest U.S. Equity Quarterly 15 Buffer ETF (the “ Fund ”) is to seek to provide investors with returns (before fees and expenses) that match the price return of the State Street ® SPDR ® S&P 500 ® ETF Trust (the "Underlying ETF" ), up to a predetermined upside cap of ___% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses over the period from _______________ through _______________.

Principal investment strategy

Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange ® Options ( “FLEX Options” ) that reference the price performance of the State Street ® SPDR ® S&P 500 ® ETF Trust (the “Underlying ETF" ). The Underlying ETF is an exchange-traded unit investment trust that uses a replication strategy, meaning it invests in as many of the stocks in the S&P 500 ® Index as is practicable. PDR Services, LLC ( “PDR” ) serves as the Underlying ETF’s sponsor. The investment objective of the Underlying ETF is to seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the S&P 500 ® Index. The Fund's performance will not reflect the payment of dividends by the Underlying ETF. See “The Underlying ETF” for more information.

The Fund’s investment sub-advisor is Vest Financial LLC ( "Vest" or the "Sub-Advisor" ). The Fund uses FLEX Options to employ a “target outcome strategy.” FLEX Options are customized equity or index option contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. Target outcome strategies seek to produce pre-determined investment outcomes based upon the performance of an underlying security or index. The pre-determined outcomes sought by the Fund, which include a buffer (before fees and expenses) against the first 15% of Underlying ETF losses and a cap of ___% (before fees and expenses), are based on the price performance of the Underlying ETF over an approximate period of three months (the “Target Outcome Period” ).

When the Fund's fees and expenses are taken into account, the cap is ___% and the buffer is ___%. The cap and buffer will be further reduced by any brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee. The target outcomes the Fund seeks for investors that hold Fund shares for an e

SQBA Costs and Fees

SQBA costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 0.85%

SQBA Debt Constituents

No individual debt constituents are reported in FT Vest U.S. Equity Quarterly 15 Buffer ETF's latest SEC N-PORT filing.

SQBA Prospectus and SEC Filings

Official FT Vest U.S. Equity Quarterly 15 Buffer ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-08-11
• Prospectus (485BPOS) — filed 2026-08-05
• Prospectus supplement (497) — filed 2026-08-24

Related Funds

Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:

• Vanguard Total Stock Market Index Fund (VTSMX)
• Vanguard 500 Index Fund (VFINX)
• iShares Core S&P 500 ETF (IVV)
• Fidelity 500 Index Fund (FXAIX)
• Vanguard Institutional Index Fund (VINIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.