FT Vest U.S. Equity Moderate Buffer ETF - SeptemberGSEP

First TrustDefined OutcomeBuffer#104 of 318 by YTD

$41.37

+0.2% last session

+6.8% YTD

Data as of 11/6/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 6, 2026GSEPS&P 500 · VOODefined Outcome average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	−2.5%	−0.7%	+6.8%	+8.0%	+42.1%	—	+37.0%
Peer average	+0.2%	+92.6%	+96.4%	+6.1%	+7.6%	+44.9%	+49.6%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

Key Statistics

Open all fund facts →

AUM: $367M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $42.46
Volume: 8K
Avg. volume 30D: 42K
High today: $41.59
Low today: $41.37
Previous close: $41.30
52-week high: $42.68
52-week low: $37.40
Our risk indicator: 3/5

GSEP in One Breath

GSEP Among Buffer ETFs

YTD

#1BAPRInnovator+12.3%$407M

#2QMARFirst Trust+11.8%$620M

#3APRTAllianzIM+11.7%$47.4M

#4FMARFirst Trust+11.6%$1.2B

#5PQAPPGIM+11.5%$32.4M

#6RSSEFirst Trust+11.3%$35.2M

#7KOCTInnovator+11.3%$169M

#8KFEBInnovator+11.0%$39.9M

#101GSEPFirst Trust+6.8%$367M

End-of-day Nov 6, 2026 · 289 Buffer ETFs by YTD

$10,000 in GSEP

$10,000 in GSEP became

$13,703

In the S&P 500 (VOO)

$17,227

Total return, dividends in · Sep 18, 2023 – Nov 6, 2026 · S&P 500 uses VOO

GSEP Returns by Period

Today

YTD

MAX

GSEP

+0.2%

−2.5%

−0.7%

+6.8%

+8.0%

+42.1%

—

+37.0%

Peer average

+0.2%

+92.6%

+96.4%

+6.1%

+7.6%

+44.9%

+49.6%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

End-of-day Nov 6, 2026 · total return, dividends in · peers = 372 Buffer ETFs

GSEP’s Defined Outcome Rank

YTD

#104of 318
defined outcome ETFs

Best · SIXH+14.7%

GSEP+6.8%

Average+5.9%

Worst · KBUF−16.9%

Defined Outcome ETFs by YTD return · Nov 6, 2026

GSEP Price and 52-Week Range

From the 52-week high

−3.1%

From the 52-week low

+10.6%

Today $41.37 – $41.59

Previous close $41.30

$41.37 now

52-week low$37.4052-week high$42.68

End-of-day Nov 6, 2026 · box = today’s range, dashed = previous close

GSEP’s Share of Buffer ETFs

Today

0.4%

of the $86.7B in 373 Buffer ETFs

GSEP$367M0.4%

BUFR$11.1B12.8%

BUFD$2.2B2.6%

370 others$73.0B84.2%

Buffer ETF AUM · Nov 6, 2026

GSEP 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

GSEP$0.85

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 6, 2026

Inside GSEP

4 holdings

GSEP

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

Today

GSEP reports no holdings we can show: […]

First Trust GSEP · holdings

How It Compares

GSEP

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

YTD


BUFR	First TrustRead Desk	0.10%	+7.1%	+8.9%	$11.1B
BUFD	First TrustRead Desk	0.10%	+6.1%	+7.6%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+6.0%	+7.7%	$1.7B
FJAN	First TrustRead Desk	0.85%	+7.1%	+9.4%	$1.5B
FMAY	First TrustRead Desk	0.85%	+4.8%	+6.4%	$1.5B
GSEP	First TrustThis fundRead Desk	0.85%	+6.8%	+8.0%	$367M

Buffer peers · YTD and past-year returns · as of Nov 7, 2026 · sorted by AUM

Head to Head

Put GSEP head to head with BUFR →

BUFR vs GSEP

YTD

BUFRFirst Trust · BufferGSEPFirst Trust · Buffer

Year to date

+7.1%

+6.8%

BUFR wins+0.3 pts

Past year

+8.9%

+8.0%

BUFR wins+0.9 pts

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$11.1B

$367M

BUFR30.1× more

3–0BUFR wins

First Trust BUFR and First Trust GSEP · year-to-date · as of Nov 7, 2026 · AUM not scored

GSEP vs VOO

YTD

GSEP · FT Vest U.S. Equity Moderate Buffer ETF - September

+6.8%

VOO · S&P 500

+8.7%

Gap

1.9 pts

First Trust GSEP and Vanguard VOO · YTD total return · as of Nov 7, 2026

GSEP vs Its Peer Average

YTD

GSEPAvsBPeer average

1D+0.2%+0.2%

1M−2.5%+92.6%

3M−0.7%+96.4%

YTD+6.8%+6.1%

1Y+8.0%+7.6%

3Y+42.1%+44.9%

5Y[…]+49.6%

3–3level

372 Buffer peers · each row scaled to its leader

The Details

GSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y6.53%

Deepest drop · 1Y−4.4%

Lowest point · 5Y−2.9%

52-week range

$41.37

$37.40−3.1% from the high$42.68

First Trust GSEP · past-year price moves · as of Nov 7, 2026

GSEP

Fund Facts

Today

2023launched Sep 15

Tracks[…]

Exchange · CUSIPCBOE · 33740U711

StructureETF

Leverage1x

Cost on $10,000$85 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust GSEP · fund facts · as of Nov 7, 2026

GSEP

Payouts by Year

Today

$0no payouts on record

GSEP does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

First Trust GSEP · 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$42.46

Premium / discount[…]

Median spread · 30D[…]

Volume today8K

Average volume · 30D42K

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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