FT Vest International Equity Moderate Buffer ETF - September
$28.29+0.06 (+0.21%)
- 0.90%
- $132M
- +11.8%
- 0M sh
- $28.15
- low $24.96high $28.78
The ETF.net YSEP Grade
D
Score 37 out of 100
- 23 of 26
Score 37 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 100Rank 23 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 7 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 10 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 9 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 8 of 26
Our read on YSEP
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.
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 Holdings
- Other
- 3
- 104%
- 2027-09-17 iShares MSCI EAFE ETF C 1.05
Sectors
- Financials100.0%
YSEP Performance
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$11,180
Returns run to the Oct 12, 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.
| Period | YSEP |
|---|---|
| Year to date | +8.5% |
| 1 month | −0.7% |
| 3 months | +1.9% |
| 1 year | +11.8% |
| 3 years | +13.7% |
| 5 years | +7.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | YSEP |
|---|---|---|
| 2026 YTD | +8.5% | |
| 2025 | +19.9% | |
| 2024 | +4.6% | |
| 2023 | +15.5% | |
| 2022 | −9.8% | |
| 2021 | 0.0% |
YSEP in the news
YSEP Dividends
No distributions in the last 12 months.
YSEP Risk
- 7.5%
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.
- 1.17
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.
- −22.6%
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.
- 0.44
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YSEP Cost
0.90%
YSEP0.90%
- The middle half of Developed International Buffer 15% funds
- Median 0.85%
22 of the 26 Developed International Buffer 15% funds charge less.
Other funds in Developed International Buffer 15%
- CIDJLCorgi ETF Trust I - Corgi International Developed Equities 15% Structured Buffer ETF - July SeriesExpense ratio 0.30%1 year return —
- CIDJNCorgi ETF Trust I - Corgi International Developed Equities 15% Structured Buffer ETF - June SeriesExpense ratio 0.30%1 year return —
- CIDMYCorgi ETF Trust I - Corgi International Developed Equities 15% Structured Buffer ETF - May SeriesExpense ratio 0.30%1 year return —
- DYJUNFT Vest International Equity Moderate Buffer ETF - JuneExpense ratio 0.90%1 year return +8.0%
- DYDECFT Vest International Equity Moderate Buffer ETF - DecemberExpense ratio 0.90%1 year return +8.5%