FSEP – FT Cboe Vest U.S. Equity Buffer ETF - September
FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP) is a Defined Outcome ETF, issued by First Trust, $1.4B in assets, 0.84% expense ratio.
Returns as of Oct 23, 2026: 1 week -0.2%, 1 year +13.2%.
Uses FLEX Options on SPDR S&P 500 ETF Trust to provide a buffer against losses while capping upside potential.