(QDEC) First Trust Exchange - Ratings and Ratios
FLEX Options, QQQ, ETF, Exchange-Traded, Derivatives
| Risk via 10d forecast | |
|---|---|
| Volatility | 9.95% |
| Value at Risk 5%th | 16.7% |
| Reward | |
|---|---|
| Sharpe Ratio | 0.76 |
| Alpha | 4.57 |
| Character | |
|---|---|
| Hurst Exponent | 0.298 |
| Beta | 0.610 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.08% |
| Mean DD | 1.37% |
Description: QDEC First Trust Exchange October 23, 2025
First Trust Exchange-Traded Fund VIII (FT Cboe Vest Growth-100 Buffer ETF, ticker QDEC) is a non-diversified, defined-outcome ETF that allocates the bulk of its capital to Flexible EXchange® (FLEX) options tied to the performance of the Invesco QQQ Trust Series 1. FLEX options are exchange-traded contracts that allow the fund to customize strike prices, option style, and expiration dates, thereby shaping a buffered downside protection while capping upside participation.
Key metrics and drivers to watch: (1) QDEC’s expense ratio sits around 0.65 % - higher than plain-vanilla ETFs but typical for options-based structures; (2) its underlying exposure mirrors the Nasdaq-100, so sector concentration in technology, consumer discretionary, and health-care drives performance; (3) the buffer’s effectiveness is highly sensitive to market volatility (e.g., VIX levels) and the Fed’s interest-rate stance, which influence option premiums and the cost of providing downside protection.
For a deeper dive into how QDEC’s buffer mechanics compare to peer products, you might explore the analytics on ValueRay to see scenario-based return projections.
QDEC ETF Overview
| Market Cap in USD | 530m |
| Category | Defined Outcome |
| TER | 0.90% |
| IPO / Inception | 2020-12-18 |
| Return 12m vs S&P 500 | 0.24% |
| Analyst Rating | - |
QDEC Dividends
Currently no dividends paidQDEC Growth Ratios
| CAGR | 17.90% |
| CAGR/Max DD Calmar Ratio | 1.11 |
| CAGR/Mean DD Pain Ratio | 13.04 |
| Current Volume | 78.4k |
| Average Volume | 25k |
What is the price of QDEC shares?
Over the past week, the price has changed by +0.38%, over one month by +1.89%, over three months by +5.14% and over the past year by +15.74%.
Is First Trust Exchange a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of QDEC is around 32.39 USD . This means that QDEC is currently overvalued and has a potential downside of 2.08%.
Is QDEC a buy, sell or hold?
What are the forecasts/targets for the QDEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 36 | 13.6% |
QDEC Fundamental Data Overview November 06, 2025
Beta = 0.61
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 530.2m USD (530.2m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 530.2m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 530.2m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.26% (E(530.2m)/V(530.2m) * Re(8.26%) + (debt-free company))
Discount Rate = 8.26% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for QDEC ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle