Defined Outcome · BATS · USD · Data as of 2026-05-12
AUM
$1.25B
Expense ratio
0.85%
Yield
0.00%
YTD return
+3.99%
Last price
$54.28
Active · Coverage 38% · low
Today
61.9
Outlook
48.7
Block A (composite-derived)
39.5
Block C (market behavior)
72.5
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
39.5
Coverage 38% · low
Liquidity
—
Expenses
45.0
Performance
—
Volatility
50.5
Dividend
14.9
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP) is an exchange-traded fund from First Trust in the Mixed asset class. Launched in 2020. Assets under management: 1,253,943,552.
Bullish Whales composite rating: 40 out of 100. Evidence coverage 38% across 3 of 8 axes. Strongest axes: volatility, expenses, dividend.
Annualized one-year realized volatility 8%, classified low. Weakest axes: dividend, expenses.
etf_composite_score_current · composite_score, confidence, coverage_pct, dividend_score, expenses_score, volatility_scoreetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yFT Vest U.S. Equity Buffer E Fund is an exchange-traded fund (ETF) designed to provide investors with a strategic approach to equity market participation while limiting downside risk. Its primary function is to offer exposure to U.S. equity markets with a built-in buffer against a specific range of losses over a designated outcome period. This makes it an attractive option for investors seeking equity market growth potential but with mitigated risk in volatile market conditions. The fund uses a defined outcome strategy, employing options to set both the buffer range and cap on returns, typically renewed annually. This mechanism is intended to protect against market declines within the specified buffer while still offering the opportunity for gains up to a predetermined cap. FT Vest U.S. Equity Buffer E Fund primarily impacts sectors tied to broad U.S. market indexes, thereby catering to a wide spectrum of industries. This fund plays a significant role in the financial market by offering a risk-managed approach to investing, allowing market participants to align their investment strategies with specific risk appetites and market outlooks. Its innovative structure supports both individual and institutional investors looking for growth opportunities balanced by risk considerations.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $1,253,943,552. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for FSEP are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.