FSEP — FT Cboe Vest U.S. Equity Buffer ETF - September
FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP)
FSEP pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 91.5% over the past 5.9 years, 65.3 points behind SPY at 156.8%. Its deepest 1-year drawdown was 5.6%.
FSEP is an equity buffer ETF from First Trust that uses options-based strategies to provide downside protection on U.S. stock exposure while capping upside potential. The fund carries an expense ratio of 0.85% and currently offers no dividend yield, making it focused on principal protection rather than income generation. This ETF appeals to investors seeking to reduce portfolio volatility through built-in downside buffers rather than traditional dividend or growth strategies.
FSEP key facts
- Issuer
- First Trust
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 09/18/2020
- Expense ratio
- 0.85%
- Distribution rate
- 0.00%
- Last close
- $56.52
- AUM
- $1,263,106,536
- Average volume
- 7472.0
- Beta
- 0.62
- P/E ratio
- 26.6644
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