---
ticker: "QMNV"
name: "First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - November"
url: "https://etf.net/etf/QMNV"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "Nasdaq-100 Buffer 15%"
category_rank: "18 of 20"
methodology: "https://etf.net/methodology"
---

# QMNV: First Trust Exchange-Traded Fund VIII - FT Vest Nasdaq-100 Moderate Buffer ETF - November

Grade **D**, Score 34 of 100. Rank 18 of 20 in Nasdaq-100 Buffer 15%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 5 | 18 of 20 |
| Mission | Not scored | — |
| Risk | 56 | 9 of 19 |
| Tradability | 61 | 10 of 20 |
| Holdings | Not scored | — |
| Durability | 61 | 9 of 20 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | 2026-11-20 Invesco QQQ Trust, Series 1 C 5.89 | 110.24% |
| 2 | — | US Dollar | 0.31% |
| 3 | — | 2026-11-20 Invesco QQQ Trust, Series 1 P 590.06 | 0.10% |

Source: etf.net, https://etf.net/etf/QMNV. Please cite the page URL.