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

First TrustDefined OutcomeBuffer#108 of 318 by YTD

$41.30

−2.5% last session

+6.6% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 4, 2025 – Nov 5, 2026GSEPS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−2.5%	−2.9%	−0.8%	+6.6%	+8.1%	+42.7%	—	+36.8%
Peer average	−2.3%	+91.6%	−1.7%	+5.9%	+7.6%	+45.7%	+49.5%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $367M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $42.46
Volume: 27K
Avg. volume 30D: 44K
High today: $42.30
Low today: $41.30
Previous close: $42.35
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+12.0%$407M

#2RSSEFirst Trust+11.5%$35.2M

#3FMARFirst Trust+11.5%$1.2B

#4APRTAllianzIM+11.4%$47.4M

#5APRPPGIM+11.0%$37.7M

#6KAPRInnovator+10.9%$174M

#7RSJNFirst Trust+10.9%$87.1M

#8QMARFirst Trust+10.8%$620M

#103GSEPFirst Trust+6.6%$367M

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

$10,000 in GSEP

$10,000 in GSEP became

$13,680

In the S&P 500 (VOO)

$17,175

Total return, dividends in · Sep 18, 2023 – Nov 5, 2026 · S&P 500 uses VOO

GSEP Returns by Period

Today

YTD

MAX

GSEP

−2.5%

−2.9%

−0.8%

+6.6%

+8.1%

+42.7%

—

+36.8%

Peer average

−2.3%

+91.6%

−1.7%

+5.9%

+7.6%

+45.7%

+49.5%

—

S&P 500 · VOO

−4.4%

−5.7%

−4.9%

+8.4%

+9.8%

+82.2%

+71.6%

—

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

GSEP’s Defined Outcome Rank

YTD

#108of 318
defined outcome ETFs

Best · SIXH+14.7%

GSEP+6.6%

Average+5.8%

Worst · KBUF−16.8%

Defined Outcome ETFs by YTD return · Nov 6, 2026

GSEP Price and 52-Week Range

From the 52-week high

−3.2%

From the 52-week low

+10.4%

Today $41.30 – $42.30

Previous close $42.35

$41.30 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%	+7.0%	+9.1%	$11.1B
BUFD	First TrustRead Desk	0.10%	+5.9%	+7.5%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+5.1%	+7.0%	$1.7B
FJAN	First TrustRead Desk	0.85%	+10.1%	+12.4%	$1.5B
FMAY	First TrustRead Desk	0.85%	+4.6%	+6.6%	$1.5B
GSEP	First TrustThis fundRead Desk	0.85%	+6.6%	+8.1%	$367M

Buffer peers · YTD and past-year returns · as of Nov 6, 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

+7.0%

+6.6%

BUFR wins+0.4 pts

Past year

+9.1%

+8.1%

BUFR wins+1.0 pt

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 6, 2026 · AUM not scored

GSEP vs VOO

YTD

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

+6.6%

VOO · S&P 500

+8.4%

Gap

1.8 pts

First Trust GSEP and Vanguard VOO · YTD total return · as of Nov 6, 2026

GSEP vs Its Peer Average

YTD

GSEPAvsBPeer average

1D−2.5%−2.3%

1M−2.9%+91.6%

3M−0.8%−1.7%

YTD+6.6%+5.9%

1Y+8.1%+7.6%

3Y+42.7%+45.7%

5Y[…]+49.5%

3–3level

372 Buffer peers · each row scaled to its leader

The Details

GSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y6.54%

Deepest drop · 1Y−4.4%

Lowest point · 5Y−2.9%

52-week range

$41.30

$37.40−3.2% from the high$42.68

First Trust GSEP · past-year price moves · as of Nov 6, 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 6, 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 today27K

Average volume · 30D44K

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 →