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DSEP ETF Profile


Family: First Trust
Name: FT Vest U.S. Equity Deep Buffer ETF - September
Inception Date: 18-Sep-2020
Termination Date:
Investment Objective: The investment objective of the FT Vest U.S. Equity Deep Buffer ETF - September (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 9.25% (before fees, expenses and taxes) and 8.40% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from September 21, 2020 to September 17, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the SPDR S&P 500 ETF Trust.
Prospectus
Top 10 Holdings
Derivatives offset -12,903.8900%
2025-09-19 SPDR S&P 500 ETF Trust C 5.67 12,884.6600%
2025-09-19 SPDR S&P 500 ETF Trust P 539.84 294.6900%
2025-09-19 SPDR S&P 500 ETF Trust C 633.49 -217.0481%
US Dollar 100.0000%
2025-09-19 SPDR S&P 500 ETF Trust P 397.78 -58.4171%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 6
Shares Outstanding: 6,175,002
Total Net Assets: 251,170,700
NAV: 40.68
Net Expense Ratio: 0.85%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Buffer protect options strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic