FT Vest U.S. Equity Max BufferSEPM

First TrustDefined OutcomeBuffer#267 of 318 by YTD

$33.42

+0.1% last session

+5.1% 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 4, 2026SEPMS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	−0.2%	+0.9%	+5.1%	+5.8%	—	—	+12.9%
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: $38M
Expense ratio: 0.85%
Distribution yield: 0.0%
NAV: $33.47
Volume: 152
Avg. volume 30D: 9K
High today: $33.42
Low today: $33.42
Previous close: $33.38
52-week high: $33.60
52-week low: $31.32
Our risk indicator: 3/5

SEPM in One Breath

SEPM 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

#245SEPMFirst Trust+5.1%$37.7M

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

$10,000 in SEPM

$10,000 in SEPM became

$11,335

In the S&P 500 (VOO)

$13,790

Total return, dividends in · Sep 23, 2024 – Nov 4, 2026 · S&P 500 uses VOO

SEPM Returns by Period

Today

YTD

MAX

SEPM

+0.1%

−0.2%

+0.9%

+5.1%

+5.8%

—

+12.9%

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

SEPM’s Defined Outcome Rank

YTD

#267of 318
defined outcome ETFs

Best · SIXH+17.5%

Average+7.4%

SEPM+5.1%

Worst · KBUF−17.8%

Defined Outcome ETFs by YTD return · Nov 4, 2026

SEPM Price and 52-Week Range

From the 52-week high

−0.5%

From the 52-week low

+6.7%

Today $33.42 – $33.42

Previous close $33.38

$33.42 now

52-week low$31.3252-week high$33.60

End-of-day Nov 4, 2026 · box = today’s range, dashed = previous close

SEPM’s Share of Buffer ETFs

Today

0.0%

of the $86.4B in 373 Buffer ETFs

SEPM$37.7M0.0%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$73.3B84.8%

Buffer ETF AUM · Nov 4, 2026

SEPM 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

SEPM$0.85

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 4, 2026

Inside SEPM

3 holdings

SEPM

FT Vest U.S. Equity Max Buffer

Today

SEPM reports no holdings we can show: […]

First Trust SEPM · holdings

How It Compares

SEPM

FT Vest U.S. Equity Max Buffer’s Peers

YTD


BUFR	First TrustRead Desk	0.10%	+9.1%	+10.8%	$10.9B
BUFD	First TrustRead Desk	0.10%	+7.4%	+8.9%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+9.0%	+10.3%	$1.7B
FMAY	First TrustRead Desk	0.85%	+6.6%	+8.4%	$1.5B
FJAN	First TrustRead Desk	0.85%	+8.9%	+11.3%	$1.5B
SEPM	First TrustThis fundRead Desk	0.85%	+5.1%	+5.8%	$38M

Buffer peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put SEPM head to head with BUFR →

BUFR vs SEPM

YTD

BUFRFirst Trust · BufferSEPMFirst Trust · Buffer

Year to date

+9.1%

+5.1%

BUFR wins+4.0 pts

Past year

+10.8%

+5.8%

BUFR wins+4.9 pts

Fee

0.10%

0.85%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$37.7M

BUFR290.0× more

3–0BUFR wins

First Trust BUFR and First Trust SEPM · year-to-date · as of Nov 4, 2026 · AUM not scored

SEPM vs VOO

YTD

SEPM · FT Vest U.S. Equity Max Buffer

+5.1%

VOO · S&P 500

+11.5%

Gap

6.5 pts

First Trust SEPM and Vanguard VOO · YTD total return · as of Nov 4, 2026

SEPM vs Its Peer Average

YTD

SEPMAvsBPeer average

1D+0.1%+0.2%

1M−0.2%+95.8%

3M+0.9%0.0%

YTD+5.1%+7.6%

1Y+5.8%+8.9%

3Y[…]+49.8%

5Y[…]+52.4%

1–4Peer average wins

372 Buffer peers · each row scaled to its leader

The Details

SEPM

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y2.50%

Deepest drop · 1Y−1.8%

Lowest point · 5Y−1.6%

52-week range

$33.42

$31.32−0.5% from the high$33.60

First Trust SEPM · past-year price moves · as of Nov 4, 2026

SEPM

Fund Facts

Today

2024launched Sep 20

Tracks[…]

Exchange · CUSIPCBOE · 33740U554

StructureETF

Leverage1x

Cost on $10,000$85 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust SEPM · fund facts · as of Nov 4, 2026

SEPM

Payouts by Year

Today

$0no payouts on record

SEPM does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

First Trust SEPM · 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 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗SEC reported portfolio · 2025-08-31 ↗

Trading & Liquidity

Net asset value$33.47

Premium / discount[…]

Median spread · 30D[…]

Volume today152

Average volume · 30D9K

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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