DSEP

FT Cboe Vest U.S. Equity Deep Buffer ETF - September
*Unless otherwise stated, data provided by FactSet.

DSEP Fund Description

DSEP aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral.

DSEP Factset Analytics Insight

DSEP uses flex options in an effort to moderate losses on an ETF — SPY, over a one-year period starting each September. Using SPY is a slightly different approach then using S&P 500 index flex options; what is gained in favorable tax treatment may be lost in higher expense. The fund offers a buffer for the first 5-30% losses on the SPY. The fund will cover 5% of the losses between the buffer zone and additional 25% coverage on SPYs realized losses if it falls below the buffer zone. Investors forego the upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.

DSEP Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/26/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DSEP 2.84% -- -- -- -- -- --
DSEP (NAV) 1.18% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.99% 6.82% 9.46% 17.82% 13.35% 13.46% 13.86%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DSEP Summary Data

First Trust
09/18/20
Open-Ended Fund
0.85%
$30.28M
$1.26M
0.41%

DSEP Portfolio Data

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N/A
2

DSEP Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

DSEP Portfolio Management

0.85%
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DSEP Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

DSEP Fund Structure

Open-Ended Fund
No
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100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DSEP Factset Analytics Block Liquidity

As of 10/27/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DSEP. DSEP is rated a N/A out of 5.

DSEP Tradability

42,405
$1.26M
8,457
$252.81K
0.41%
$0.12
0.00%
0.14% / -0.20%
None
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50,000
0.17
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$30.10
N/A

DSEP Top 10 Holdings

98.87%
1.13%
100.00%

DSEP Countries


DSEP
Segment Benchmark
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0.10%
--
99.90%

DSEP Regions


DSEP
Segment Benchmark
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100.00%

DSEP Economic Development


DSEP
Segment Benchmark
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100.00%

DSEP Performance Statistics

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0.00%
MSCI USA Large Cap Index

DSEP Benchmark Comparison Holdings

2
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DSEP Benchmark Comparison Summary


DSEP
Segment Benchmark
2
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DSEP Benchmark Comparison Market Cap Size


DSEP
Segment Benchmark
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