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

First TrustDefined OutcomeBuffer#121 of 318 by YTD

$42.35

+1.0% last session

+9.3% YTD

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

Dividend-adjusted return from the previous close · S&P 500 uses VOOGSEPS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.0%	−0.5%	+1.9%	+9.3%	+10.2%	+45.9%	—	+40.3%
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: $366M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $42.03
Volume: 3K
Avg. volume 30D: 52K
High today: $42.43
Low today: $42.22
Previous close: $41.95
52-week high: $42.68
52-week low: $37.40
Our risk indicator: 3/5

GSEP in One Breath

GSEP 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

#112GSEPFirst Trust+9.3%$366M

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

$10,000 in GSEP

$10,000 in GSEP became

$14,028

In the S&P 500 (VOO)

$17,960

Total return, dividends in · Sep 18, 2023 – Nov 4, 2026 · S&P 500 uses VOO

GSEP Returns by Period

Today

YTD

MAX

GSEP

+1.0%

−0.5%

+1.9%

+9.3%

+10.2%

+45.9%

—

+40.3%

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

GSEP’s Defined Outcome Rank

YTD

#121of 318
defined outcome ETFs

Best · SIXH+18.4%

GSEP+9.3%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

GSEP Price and 52-Week Range

From the 52-week high

−0.8%

From the 52-week low

+13.2%

Today $42.22 – $42.43

Previous close $41.95

$42.35 now

52-week low$37.4052-week high$42.68

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

GSEP’s Share of Buffer ETFs

Today

0.4%

of the $86.4B in 373 Buffer ETFs

GSEP$366M0.4%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$72.9B84.4%

Buffer ETF AUM · Nov 5, 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

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 5, 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%	+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
FMAY	First TrustRead Desk	0.85%	+7.9%	+9.5%	$1.5B
FJAN	First TrustRead Desk	0.85%	+10.1%	+12.4%	$1.5B
GSEP	First TrustThis fundRead Desk	0.85%	+9.3%	+10.2%	$366M

Buffer peers · YTD and past-year returns · as of Nov 5, 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

+10.3%

+9.3%

BUFR wins+1.0 pt

Past year

+11.8%

+10.2%

BUFR wins+1.7 pts

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$366M

BUFR29.9× more

3–0BUFR wins

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

GSEP vs VOO

YTD

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

+9.3%

VOO · S&P 500

+13.4%

Gap

4.0 pts

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

GSEP vs Its Peer Average

YTD

GSEPAvsBPeer average

1D+1.0%+0.8%

1M−0.5%+96.8%

3M+1.9%+0.9%

YTD+9.3%+8.5%

1Y+10.2%+9.8%

3Y+45.9%+50.0%

5Y[…]+54.0%

4–2GSEP wins

372 Buffer peers · each row scaled to its leader

The Details

GSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y6.06%

Deepest drop · 1Y−4.4%

Lowest point · 5Y−2.9%

52-week range

$42.35

$37.40−0.8% from the high$42.68

First Trust GSEP · past-year price moves · as of Nov 5, 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 5, 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$42.03

Premium / discount[…]

Median spread · 30D[…]

Volume today3K

Average volume · 30D52K

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: […]

Issuer contentFrom First TrustHear the strategy from the people behind GSEP.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →