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Chicago Board Options ExchangeMulti-asset ETF
$30.7332
−$0.1652 · -0.53%
As of Oct 30, 3:32 PM ET
Regular session · ET · Market data may be delayed.
SQBA actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF Trust (SPY), up to a cap, and provide partial downside protection over a three-month outcome period. The fund foregoes some upside return as well as the S&P 500s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing the first 15% of losses in value of SPY shares, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the outcome period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio, which should be deducted from potential return.
Fund facts updated Oct 31, 2026.
Day range
Current $30.7332
52-week range
Current $30.7332
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ETF data may be delayed, incomplete, or revised. Holdings and exposures change over time. Historical performance does not guarantee future results. This page is for informational and educational purposes only and does not constitute investment advice or a recommendation.
1 month
-0.12%
Since inception
+22.93%
Cumulative price changes exclude distributions and investor-specific taxes, trading costs, and cash flows.
Showing 5 of 5 reported holdings
Holdings data updated Oct 31, 2026.