FT Vest U.S. Equity Deep Buffer ETF - SeptemberDSEP

First TrustDefined OutcomeBuffer#122 of 318 by YTD

$49.07

+0.8% last session

+9.3% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 27, 2021 – Nov 4, 2026DSEPS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.8%	−0.7%	+1.8%	+9.3%	+10.1%	+46.2%	+50.1%	+65.4%
Peer average	+0.8%	+96.8%	+0.9%	+8.5%	+9.8%	+50.0%	+54.0%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $429M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $48.73
Volume: 9K
Avg. volume 30D: 34K
High today: $49.22
Low today: $48.99
Previous close: $48.66
52-week high: $49.45
52-week low: $43.28
Our risk indicator: 3/5

DSEP in One Breath

DSEP Among Buffer ETFs

YTD

#1QMARFirst Trust+14.8%$615M

#2BAPRInnovator+14.7%$417M

#3PQAPPGIM+14.1%$31.8M

#4KAPRInnovator+13.9%$180M

#5KFEBInnovator+13.9%$41.1M

#6APRTAllianzIM+13.9%$47.4M

#7FMARFirst Trust+13.8%$1.2B

#8RSSEFirst Trust+13.6%$34.8M

#113DSEPFirst Trust+9.3%$429M

End-of-day Nov 5, 2026 · 289 Buffer ETFs by YTD

$10,000 in DSEP

$10,000 in DSEP became

$15,006

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

DSEP Returns by Period

Today

YTD

MAX

DSEP

+0.8%

−0.7%

+1.8%

+9.3%

+10.1%

+46.2%

+50.1%

+65.4%

Peer average

+0.8%

+96.8%

+0.9%

+8.5%

+9.8%

+50.0%

+54.0%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 372 Buffer ETFs

DSEP’s Defined Outcome Rank

YTD

#122of 318
defined outcome ETFs

Best · SIXH+18.4%

DSEP+9.3%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

DSEP Price and 52-Week Range

From the 52-week high

−0.8%

From the 52-week low

+13.4%

Today $48.99 – $49.22

Previous close $48.66

$49.07 now

52-week low$43.2852-week high$49.45

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

DSEP’s Share of Buffer ETFs

Today

0.5%

of the $86.9B in 373 Buffer ETFs

DSEP$429M0.5%

BUFR$10.9B12.6%

BUFD$2.2B2.5%

370 others$73.3B84.4%

Buffer ETF AUM · Nov 5, 2026

DSEP Fee per $100 vs Peers

Today

$0.85a year
per $100

$85 a year on $10,000

BUFR$0.10

BUFD$0.10

BUFQ$0.10

DSEP$0.85

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 5, 2026

Inside DSEP

4 holdings

DSEP

FT Vest U.S. Equity Deep Buffer ETF - September

Today

DSEP reports no holdings we can show: […]

First Trust DSEP · holdings

How It Compares

DSEP

FT Vest U.S. Equity Deep Buffer ETF - September’s Peers

YTD


BUFR	First TrustRead Desk	0.10%	+10.3%	+11.8%	$10.9B
BUFD	First TrustRead Desk	0.10%	+8.4%	+9.8%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+9.8%	+11.0%	$1.7B
FJAN	First TrustRead Desk	0.85%	+10.1%	+12.4%	$1.5B
FMAY	First TrustRead Desk	0.85%	+7.9%	+9.5%	$1.5B
DSEP	First TrustThis fundRead Desk	0.85%	+9.3%	+10.1%	$429M

Buffer peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put DSEP head to head with BUFR →

BUFR vs DSEP

YTD

BUFRFirst Trust · BufferDSEPFirst Trust · Buffer

Year to date

+10.3%

+9.3%

BUFR wins+1.0 pt

Past year

+11.8%

+10.1%

BUFR wins+1.7 pts

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$429M

BUFR25.5× more

3–0BUFR wins

First Trust BUFR and First Trust DSEP · year-to-date · as of Nov 5, 2026 · AUM not scored

DSEP vs VOO

YTD

DSEP · FT Vest U.S. Equity Deep Buffer ETF - September

+9.3%

VOO · S&P 500

+13.4%

Gap

4.1 pts

First Trust DSEP and Vanguard VOO · YTD total return · as of Nov 5, 2026

DSEP vs Its Peer Average

YTD

DSEPAvsBPeer average

1D+0.8%+0.8%

1M−0.7%+96.8%

3M+1.8%+0.9%

YTD+9.3%+8.5%

1Y+10.1%+9.8%

3Y+46.2%+50.0%

5Y+50.1%+54.0%

4–3DSEP wins

372 Buffer peers · each row scaled to its leader

The Details

DSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y5.94%

Deepest drop · 1Y−4.5%

Lowest point · 5Y−10.1%

52-week range

$49.07

$43.28−0.8% from the high$49.45

First Trust DSEP · past-year price moves · as of Nov 5, 2026

DSEP

Fund Facts

Today

2020launched Sep 18

Tracks[…]

Exchange · CUSIPCBOE · 33740F680

StructureETF

Leverage1x

Cost on $10,000$85 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust DSEP · fund facts · as of Nov 5, 2026

DSEP

Payouts by Year

Today

$0no payouts on record

DSEP does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

First Trust DSEP · distributions by ex-date

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-08-31 ↗

Trading & Liquidity

Net asset value$48.73

Premium / discount[…]

Median spread · 30D[…]

Volume today9K

Average volume · 30D34K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.85%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$85.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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