FT Cboe Vest Nasdaq-100 Buffer ETF - September (QSPT) Performance

Cboe BZX: QSPTTotal returns, calendar years, drawdowns and risk since 2021.

QSPT total return

Distributions reinvested · as of Oct 23, 2026
YTD
+12.2%
since Dec 31, 2025
1 year
+13.4%
total return
5 years
+11.9%
a year
Since first price
+12.0%
a year since 2021

QSPT trailing returns vs SPY, QQQ, AGG

QSPT trailing returns
PeriodQSPT total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−2.3%−2.3%−1.0%−5.0%+0.9%
3 months+3.4%+3.4%+3.2%+1.9%−0.4%
6 months+7.7%+7.7%+7.8%+8.4%−1.5%
YTD+12.2%+12.2%+12.3%+15.1%−1.0%
1 year+13.4%+13.4%+14.4%+15.9%−1.1%
3 years+64.5%+18.0%/yr+64.5%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+75.5%+11.9%/yr+75.5%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
Since inceptionSep 20, 2021+77.7%+12.0%/yr+77.7%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: QSPT vs SPY

QSPTS&P 500 (SPY)

From Sep 20, 2021: QSPT grew to $17,772, SPY to $18,721.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

QSPT returns by calendar year

QSPTSPY

3 of 4 full years positive. Best 2023 (+43.1%), worst 2022 (−20.4%). 2026 is year to date.

QSPT annual returns table

QSPT calendar-year returns
YearQSPTLargest dropSPYQQQAGG
2026YTD+12.2%−7.2%+12.3%+15.1%−1.0%
2025+14.6%−15.4%+17.7%+20.8%+7.2%
2024+16.1%−4.4%+24.9%+25.6%+1.3%
2023+43.1%−5.4%+26.2%+54.9%+5.7%
2022−20.4%−22.6%−18.2%−32.6%−13.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

QSPT largest drawdowns

Now 4.2% below the high
QSPT largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Dec 27, 2021−22.6%Oct 14, 2022Jun 13, 202310 months1.5 years
Feb 19, 2025−15.4%Apr 8, 2025Jun 3, 202548 days3 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

QSPT risk statistics

QSPT risk statistics
Statistic3 years5 years
Annualized return+19.0%+13.1%
Volatility (annualized)9.4%13.5%
Sharpe ratio1.440.73
Sortino ratio3.421.17
Best month+9.4%+10.7%
Worst month−4.4%−9.1%
Best 12 months+25.3%+43.1%
Worst 12 months+6.2%−20.4%
Positive months75%68%
Beta vs S&P 5000.710.78
Correlation with S&P 5000.930.91

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

QSPT rolling returns

QSPT rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year50−20.4%+16.1%+43.1%86%
3-year (a year)26+9.0%+17.6%+23.9%100%
5-year (a year)2+11.5%+12.3%+13.1%100%

Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.

QSPT performance overview

FT Cboe Vest Nasdaq-100 Buffer ETF - September (QSPT) returned +13.4% over the past year and +11.9% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +12.0% a year, turning $10,000 into about $17,772. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −22.6%, from Dec 27, 2021 to Oct 14, 2022, and it took 8 months to get back to the old high. QSPT finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+43.1%) and the worst 2022 (−20.4%). Volatility has been 13.5% a year.

Related: QSPT chart. See the QSPT overview for the latest quote and fund facts.

QSPT performance FAQ

What is the QSPT return over the past year?

QSPT returned +13.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.4%.

What is the average annual return of QSPT?

QSPT has returned +11.9% a year over 5 years, +12.0% a year since September 20, 2021 (total return, distributions reinvested).

How much would $10,000 invested in QSPT be worth?

$10,000 invested in QSPT at its first recorded close on September 20, 2021 would be worth about $17,772 on October 23, 2026 with distributions reinvested.

What was the worst year for QSPT?

The worst calendar year was 2022, with a total return of −20.4%. The best was 2023 at +43.1%.

What is the biggest drawdown of QSPT?

The largest peak-to-trough decline was −22.6% between December 27, 2021 and October 14, 2022. It recovered to the old high on June 13, 2023, 8 months after the bottom.

How volatile is QSPT?

Over the past 3 years QSPT had an annualized volatility of 9.4% and a Sharpe ratio of 1.44 (excess return over 1–3 month T-bills per unit of risk).