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FT Vest U.S. Equity Deep Buffer ETF - September (DSEP)

Defined Outcome | Exchange Traded Fund | Cboe US
47.63 USD -0.14 (-0.301%) ⇩ (July 13, 2026, 3:40 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:24 a.m. EDT

This instrument is a tactical vehicle for equity exposure with downside protection, currently trading near its 52-week high with a positive 1.27% short-term forecast backed by high model confidence. The recent price action shows resilience, climbing from mid-June lows back above the 50-day average, suggesting active accumulation or a rebound in the underlying index it tracks. However, the long-term investment case is neutral because the security is a leveraged buffer ETF with a finite lifespan (September expiration), meaning it resets annually and cannot offer the indefinite compounding of a traditional equity. Furthermore, there is no dividend history to provide income, making it unsuitable for yield-seeking portfolios. It serves best as a short-to-medium term hedge against volatility rather than a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.007988
AutoARIMA0.008862
AutoTheta0.011754
MSTL0.014393

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 73%
H-stat 0.94
Ljung-Box p 0.000
Jarque-Bera p 0.307
Excess Kurtosis 0.11
Attribute Value
Trailing P/E 26.85

Info Dump

Attribute Value
All Time High 47.774
All Time Low 28.889
Ask 0.0
Ask Size 200
Average Daily Volume10 Day 7,840
Average Daily Volume3 Month 10,791
Average Volume 10,791
Average Volume10Days 7,840
Beta3 Year 0.5
Bid 0.0
Bid Size 100
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 47.71
Day Low 47.6
Dividend Yield 0.0
Eps Trailing Twelve Months 1.7737815
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 47.06986
Fifty Day Average Change 0.5601425
Fifty Day Average Change Percent 0.011900238
Fifty Two Week Change Percent 11.972057
Fifty Two Week High 47.774
Fifty Two Week High Change -0.14399719
Fifty Two Week High Change Percent -0.003014133
Fifty Two Week Low 42.55
Fifty Two Week Low Change 5.080002
Fifty Two Week Low Change Percent 0.119389
Fifty Two Week Range 42.55 - 47.774
First Trade Date Milliseconds 1,600,695,000,000
Five Year Average Return 0.0815489
Full Exchange Name Cboe US
Fund Family First Trust
Fund Inception Date 1,600,387,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange ® Options ( “FLEX Options” ) that reference the price performance of the SPDR ® S&P 500 ® ETF Trust (the “Underlying ETF" ). The fund is non-diversified.
Long Name FT Vest U.S. Equity Deep Buffer ETF - September
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_678353306
Nav Price 47.67
Net Assets 347,719,424.0
Net Expense Ratio 0.85
Open 47.71
Previous Close 47.774
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.143997
Regular Market Change Percent -0.301413
Regular Market Day High 47.71
Regular Market Day Low 47.6
Regular Market Day Range 47.6 - 47.71
Regular Market Open 47.71
Regular Market Previous Close 47.774
Regular Market Price 47.63
Regular Market Time 1,783,971,611
Regular Market Volume 956
Short Name FT Vest U.S. Equity Deep Buffer
Source Interval 15
Symbol DSEP
Three Year Average Return 0.1194343
Total Assets 347,719,424
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.852236
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.91089
Trailing Three Month Returns 7.91089
Triggerable 1
Two Hundred Day Average 45.327335
Two Hundred Day Average Change 2.3026657
Two Hundred Day Average Change Percent 0.05080082
Type Disp ETF
Volume 956
Yield 0.0
Ytd Return 5.70029