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Launched · SEC filings

FT Vest International Equity Moderate Buffer ETF - September

YSEPCboeFirst TrustD

$28.36+0.12 (+0.43%)

At close: Nov 2, 2026, 4:00 PM ET

D36/ 100

Rank 25 of 26 in Developed International Buffer 15%

D36/100Rank 25 of 26inDeveloped International Buffer 15%
Intraday session: up, 79 prints from 28.24 to 28.36. Range 28.30 to 28.41. Use the arrow keys to read each point.28.3028.4010 AM12 PM2 PM4 PM
Expense ratio
0.90%
Fund size
$135M
1Y total return
+10.7%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
13.4K sh
52W range
low $24.96high $28.78
Launched
Filings
SEC EDGAR

The ETF.net YSEP Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
Developed International Buffer 15%⁠
Rank
25 of 26
Six-pillar profile for YSEP. Scores out of 100: Cost 6, Risk 62, Mission not scored, Tradability 58, Holdings 35, Durability 79. Strongest: Durability (79). Weakest: Cost (6). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F6 out of 100
    Rank 23 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B62 out of 100
    Rank 6 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 12 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D35 out of 100
    Rank 9 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A79 out of 100
    Rank 8 of 26

Our read on YSEP

ETF.net Research

In short

DA downside buffer pointed somewhere unusual: developed international stocks. YSEP tracks the price return of the iShares MSCI EAFE ETF, absorbs the first 15% of losses and caps the upside, then resets the whole deal every September.

Stated mandate

Seeks to match the price return of the iShares MSCI EAFE ETF, subject to a 13.14% upside cap and protection against the first 15% of losses during the September 22, 2025–September 18, 2026 outcome period.

Why people hold it

  • Buffers the corner of the market most defined-outcome funds skip: developed Europe, Japan and Australia, via the iShares MSCI EAFE ETF rather than the S&P 500.ftportfolios.com
  • The terms are written down before you buy: first 15% of losses absorbed, a stated cap, one year running September to September, built from FLEX options.ftportfolios.com
  • Live since 2021, so this September series has rolled through several full reset cycles rather than one lucky stretch.

Worth knowing

  • Fees run 0.90% a year, slightly above the 0.85% on the Innovator international buffer funds (ISEP, IJUL) aimed at the same index.
  • It follows EFA's price return, so MSCI EAFE dividends stay outside the deal, and the options structure means income isn't what this fund is built to hand you.
  • The stated buffer and cap belong to the full September window. Buy mid-period and your own numbers differ. Trading is thin, so spreads can widen.ftportfolios.com

YSEP Performance

Launched Sep 17, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
YSEP$11,066
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. YSEP $11,066. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for YSEP. Periods over one year show the average yearly return.
PeriodYSEP
Year to date+8.6%
1 month−0.3%
3 months+1.1%
1 year+10.7%
3 yearsper year+14.4%
5 yearsper year+7.1%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for YSEP
YearReturn barYSEP
2026 YTD+8.6%
2025+19.9%
2024+4.6%
2023+15.5%
2022−9.8%
20210.0%

History from Sep 21, 2021

YSEP in the news

YSEP Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

YSEP Risk

Risk pillarB62 out of 100Rank 6 of 26 in Developed International Buffer 15%
How much the fund’s monthly returns vary, scaled to a year.
7.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.27
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−22.6%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.44
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

YSEP Cost

Compare YSEP and IDJN

Overpaying vs IDJN, tied cheapest in Developed International Buffer 15%

$10,891

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • YSEP 0.90%

    $17,040

  • IDJN 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • YSEP 0.90%
  • IDJN 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530YSEP $17,040IDJN $6,149

Year by year

YearYSEPIDJNOverpaying
10$1,593$545$1,048
20$6,015$2,113$3,902
30$17,040$6,149$10,891

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