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Dividend Vision

GSEP — FT Cboe Vest U.S. Equity Moderate Buffer ETF – September

FT Cboe Vest U.S. Equity Moderate Buffer ETF – September (GSEP)

GSEP pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 38.2% over the past 2.9 years, 42.8 points behind SPY at 81.0%. Its deepest 1-year drawdown was 4.4%.

GSEP is an equity ETF launched in September 2023 that employs a moderate buffer strategy designed to provide downside protection while maintaining equity exposure to the U.S. market. The fund carries an expense ratio of 0.85% and currently offers no dividend distribution yield, positioning it as a capital appreciation-focused vehicle rather than an income-generating strategy. This ETF appeals primarily to investors seeking equity market participation with built-in risk management features rather than those prioritizing current dividend income.

GSEP key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
09/15/2023
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$41.73
AUM
$352,058,302
Average volume
6230.0
Beta
0.4552
P/E ratio
26.4841