FT Vest U.S. Equity Buffer ETF - SeptemberFSEP

First TrustDefined OutcomeBuffer#34 of 318 by YTD

$57.45

+1.1% last session

+11.4% YTD

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

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026FSEPS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.1%	−0.7%	+2.2%	+11.4%	+12.4%	+57.8%	+63.4%	+94.7%
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: $1.4B
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $56.91
Volume: 11K
Avg. volume 30D: 40K
High today: $57.57
Low today: $57.22
Previous close: $56.83
52-week high: $58.06
52-week low: $49.14
Our risk indicator: 3/5

FSEP in One Breath

FSEP Among Buffer ETFs

YTD

#1QMARFirst Trust+14.8%$614M

#2BAPRInnovator+14.7%$414M

#3PQAPPGIM+14.1%$31.7M

#4KAPRInnovator+13.9%$179M

#5KFEBInnovator+13.9%$40.7M

#6APRTAllianzIM+13.9%$47.0M

#7FMARFirst Trust+13.8%$1.2B

#8RSSEFirst Trust+13.6%$35.0M

#32FSEPFirst Trust+11.4%$1.4B

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

$10,000 in FSEP

$10,000 in FSEP became

$16,344

In the S&P 500 (VOO)

$18,115

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

FSEP Returns by Period

Today

YTD

MAX

FSEP

+1.1%

−0.7%

+2.2%

+11.4%

+12.4%

+57.8%

+63.4%

+94.7%

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

FSEP’s Defined Outcome Rank

YTD

#34of 318
defined outcome ETFs

Best · SIXH+18.4%

FSEP+11.4%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

FSEP Price and 52-Week Range

From the 52-week high

−1.1%

From the 52-week low

+16.9%

Today $57.22 – $57.57

Previous close $56.83

$57.45 now

52-week low$49.1452-week high$58.06

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

FSEP’s Share of Buffer ETFs

Today

1.7%

of the $86.4B in 373 Buffer ETFs

FSEP$1.4B1.7%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$71.9B83.2%

Buffer ETF AUM · Nov 5, 2026

FSEP 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

FSEP$0.85

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 5, 2026

Inside FSEP

4 holdings

FSEP

FT Vest U.S. Equity Buffer ETF - September

Today

FSEP reports no holdings we can show: […]

First Trust FSEP · holdings

How It Compares

FSEP

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


BUFR	First TrustRead Desk	0.10%	+11.8%	+10.3%	$10.9B
BUFD	First TrustRead Desk	0.10%	+9.8%	+8.4%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+11.0%	+9.8%	$1.7B
FMAY	First TrustRead Desk	0.85%	+9.5%	+7.9%	$1.5B
FJAN	First TrustRead Desk	0.85%	+12.4%	+10.1%	$1.5B
FSEP	First TrustThis fundRead Desk	0.85%	+12.4%	+11.4%	$1.4B

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

Head to Head

Put FSEP head to head with BUFR →

BUFR vs FSEP

YTD

BUFRFirst Trust · BufferFSEPFirst Trust · Buffer

Year to date

+10.3%

+11.4%

FSEP wins+1.1 pts

Past year

+11.8%

+12.4%

FSEP wins+0.6 pts

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$1.4B

BUFR7.6× more

2–1FSEP wins

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

FSEP vs VOO

FSEP · FT Vest U.S. Equity Buffer ETF - September

+12.4%

VOO · S&P 500

+13.5%

Gap

1.0 pts

First Trust FSEP and Vanguard VOO · 1Y total return · as of Nov 5, 2026

FSEP vs Its Peer Average

YTD

FSEPAvsBPeer average

1D+1.1%+0.8%

1M−0.7%+96.8%

3M+2.2%+0.9%

YTD+11.4%+8.5%

1Y+12.4%+9.8%

3Y+57.8%+50.0%

5Y+63.4%+54.0%

6–1FSEP wins

372 Buffer peers · each row scaled to its leader

The Details

FSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y7.55%

Deepest drop · 1Y−5.6%

Lowest point · 5Y−9.7%

52-week range

$57.45

$49.14−1.1% from the high$58.06

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

FSEP

Fund Facts

Today

2020launched Sep 18

Tracks[…]

Exchange · CUSIPCBOE · 33740U307

StructureETF

Leverage1x

Cost on $10,000$85 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

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

FSEP

Payouts by Year

Today

$0no payouts on record

FSEP does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

First Trust FSEP · 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$56.91

Premium / discount[…]

Median spread · 30D[…]

Volume today11K

Average volume · 30D40K

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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