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

First TrustDefined OutcomeBuffer#115 of 318 by YTD

$48.66

+0.1% last session

+8.3% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · Sep 21, 2020 – Nov 3, 2026DSEP

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	−0.9%	+0.9%	+8.3%	+9.2%	+46.0%	+48.8%	+64.1%
Peer average	+0.2%	+95.8%	0.0%	+7.6%	+8.9%	+49.8%	+52.4%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $429M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $48.72
Volume: 24K
Avg. volume 30D: 35K
High today: $48.76
Low today: $48.58
Previous close: $48.59
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+14.0%$614M

#2BAPRInnovator+13.7%$414M

#3PQAPPGIM+13.5%$31.7M

#4KAPRInnovator+13.0%$179M

#5FMARFirst Trust+12.9%$1.2B

#6APRTAllianzIM+12.9%$47.0M

#7KOCTInnovator+12.7%$171M

#8QBProShares+12.6%$3.8M

#110DSEPFirst Trust+8.3%$429M

End-of-day Nov 4, 2026 · 289 Buffer ETFs by YTD

$10,000 in DSEP

$10,000 in DSEP became

$14,881

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

DSEP Returns by Period

Today

YTD

MAX

DSEP

+0.1%

−0.9%

+0.9%

+8.3%

+9.2%

+46.0%

+48.8%

+64.1%

Peer average

+0.2%

+95.8%

0.0%

+7.6%

+8.9%

+49.8%

+52.4%

—

S&P 500 · VOO

+0.3%

−2.6%

−1.7%

+11.5%

+11.9%

+90.9%

+77.5%

—

End-of-day Nov 4, 2026 · total return, dividends in · peers = 372 Buffer ETFs

DSEP’s Defined Outcome Rank

YTD

#115of 318
defined outcome ETFs

Best · SIXH+17.5%

DSEP+8.3%

Average+7.4%

Worst · KBUF−17.8%

Defined Outcome ETFs by YTD return · Nov 4, 2026

DSEP Price and 52-Week Range

From the 52-week high

−1.6%

From the 52-week low

+12.4%

Today $48.58 – $48.76

Previous close $48.59

$48.66 now

52-week low$43.2852-week high$49.45

End-of-day Nov 4, 2026 · box = today’s range, dashed = previous close

DSEP’s Share of Buffer ETFs

Today

0.5%

of the $86.4B in 373 Buffer ETFs

DSEP$429M0.5%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$72.9B84.3%

Buffer ETF AUM · Nov 4, 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

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 4, 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%	+9.1%	+10.8%	$10.9B
BUFD	First TrustRead Desk	0.10%	+7.4%	+8.9%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+9.0%	+10.3%	$1.7B
FMAY	First TrustRead Desk	0.85%	+6.6%	+8.4%	$1.5B
FJAN	First TrustRead Desk	0.85%	+8.9%	+11.3%	$1.5B
DSEP	First TrustThis fundRead Desk	0.85%	+8.3%	+9.2%	$429M

Buffer peers · YTD and past-year returns · as of Nov 4, 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

+9.1%

+8.3%

BUFR wins+0.7 pts

Past year

+10.8%

+9.2%

BUFR wins+1.6 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 4, 2026 · AUM not scored

DSEP vs VOO

YTD

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

+8.3%

VOO · S&P 500

+11.5%

Gap

3.2 pts

First Trust DSEP and Vanguard VOO · YTD total return · as of Nov 4, 2026

DSEP vs Its Peer Average

YTD

DSEPAvsBPeer average

1D+0.1%+0.2%

1M−0.9%+95.8%

3M+0.9%0.0%

YTD+8.3%+7.6%

1Y+9.2%+8.9%

3Y+46.0%+49.8%

5Y+48.8%+52.4%

3–4Peer average wins

372 Buffer peers · each row scaled to its leader

The Details

DSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y5.88%

Deepest drop · 1Y−4.5%

Lowest point · 5Y−9.7%

52-week range

$48.66

$43.28−1.6% from the high$49.45

First Trust DSEP · past-year price moves · as of Nov 4, 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 4, 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$48.72

Premium / discount[…]

Median spread · 30D[…]

Volume today24K

Average volume · 30D35K

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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