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

First TrustDefined OutcomeBuffer#120 of 318 by YTD

$41.95

+0.1% last session

+8.3% YTD

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

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026GSEPS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	−1.1%	+0.9%	+8.3%	+9.3%	+43.7%	—	+39.0%
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: $366M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $42.03
Volume: 19K
Avg. volume 30D: 73K
High today: $42.02
Low today: $41.95
Previous close: $41.91
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+14.0%$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

#115GSEPFirst Trust+8.3%$366M

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

$10,000 in GSEP

$10,000 in GSEP became

$13,895

In the S&P 500 (VOO)

$17,674

Total return, dividends in · Sep 18, 2023 – Nov 3, 2026 · S&P 500 uses VOO

GSEP Returns by Period

Today

YTD

MAX

GSEP

+0.1%

−1.1%

+0.9%

+8.3%

+9.3%

+43.7%

—

+39.0%

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

GSEP’s Defined Outcome Rank

YTD

#120of 318
defined outcome ETFs

Best · SIXH+17.5%

GSEP+8.3%

Average+7.4%

Worst · KBUF−17.8%

Defined Outcome ETFs by YTD return · Nov 4, 2026

GSEP Price and 52-Week Range

From the 52-week high

−1.7%

From the 52-week low

+12.2%

Today $41.95 – $42.02

Previous close $41.91

$41.95 now

52-week low$37.4052-week high$42.68

End-of-day Nov 4, 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 4, 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 4, 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


BUFR	First TrustRead Desk	0.10%	+10.8%	+9.1%	$10.9B
BUFD	First TrustRead Desk	0.10%	+8.9%	+7.4%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+10.3%	+9.0%	$1.7B
FMAY	First TrustRead Desk	0.85%	+8.4%	+6.6%	$1.5B
FJAN	First TrustRead Desk	0.85%	+11.3%	+8.9%	$1.5B
GSEP	First TrustThis fundRead Desk	0.85%	+9.3%	+8.3%	$366M

Buffer peers · Past-year and ytd returns · as of Nov 4, 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

+9.1%

+8.3%

BUFR wins+0.8 pts

Past year

+10.8%

+9.3%

BUFR wins+1.5 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 4, 2026 · AUM not scored

GSEP vs VOO

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

+9.3%

VOO · S&P 500

+11.9%

Gap

2.6 pts

First Trust GSEP and Vanguard VOO · 1Y total return · as of Nov 4, 2026

GSEP vs Its Peer Average

YTD

GSEPAvsBPeer average

1D+0.1%+0.2%

1M−1.1%+95.8%

3M+0.9%0.0%

YTD+8.3%+7.6%

1Y+9.3%+8.9%

3Y+43.7%+49.8%

5Y[…]+52.4%

3–3level

372 Buffer peers · each row scaled to its leader

The Details

GSEP

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y5.99%

Deepest drop · 1Y−4.4%

Lowest point · 5Y−2.9%

52-week range

$41.95

$37.40−1.7% from the high$42.68

First Trust GSEP · past-year price moves · as of Nov 4, 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 4, 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 today19K

Average volume · 30D73K

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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