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CTJL vs DSEP

Corgi U.S. Equities 30% Structured Buffer ETF - July Series

CTJLCCboe

FT Vest U.S. Equity Deep Buffer ETF - September

DSEPCCboe

Overlap

0.0%by weight

Expense ratio

CTJL −0.55pt a year

CTJL0.30%DSEP0.85%

Avg volume · 30D

DSEP 24.3×the volume

CTJL920DSEP22.4K

CTJL vs DSEP Performance

Jul 31, 2026 – Oct 30, 2026

+0.9%CTJL+1.8%DSEP

Jul 31, 2026 to Oct 30, 2026. CTJL +0.9%. DSEP +1.8%. Use the arrow keys to read each point.0%0.5%2.5%3%Jul 2026Sep 2026Oct 2026
Expense ratio
CTJL 0.30%, better
DSEP 0.85%
Fund size
CTJL $1M
DSEP $430M
1Y total return
CTJL No data
DSEP +9.3%
Holdings
CTJL 4
DSEP 3
Avg volume (30D)
CTJL 920 sh
DSEP 22.4K sh, better
NAV per share
CTJL $25.44
DSEP $48.84
52W range

ETF.net Grade

CTJL: Cost 97, Risk 51, Mission not scored, Tradability 12, Holdings not scored, Durability 2. DSEP: Cost 31, Risk 49, Mission 92, Tradability 74, Holdings 38, Durability 73.
Pillar letters and Scores for CTJL, DSEP, with each pillar’s weight
PillarCTJLDSEP
Cost30% weightA97HigherD31
Mission25% weightNot scoredA92
Risk15% weightC51HigherC49
Tradability15% weightF12A74Higher
Holdings10% weightNot scoredD38
Durability5% weightF2A73Higher

Rank among S&P 500 Deep Buffer 25-30% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CTJL and DSEP are both graded against the same 19 S&P 500 Deep Buffer 25-30% funds, so their Grades compare head to head.

S&P 500 Deep Buffer 25-30%⁠

Category · 19 funds
See all 19 ›

DSEP ranks 12th and CTJL 17th of 19 funds in the S&P 500 Deep Buffer 25-30% Category.

  1. Rank 12CDJUNFT Vest U.S. Equity Deep Buffer ETF - JuneScore 46
  2. Rank 12CDSEPFT Vest U.S. Equity Deep Buffer ETF - SeptemberScore 46
  3. Rank 14CDOCTFT Vest U.S. Equity Deep Buffer ETF - OctoberScore 45
  4. Rank 16CDMAYFT Vest U.S. Equity Deep Buffer ETF - MayScore 41
  5. Rank 17CCTJLCorgi U.S. Equities 30% Structured Buffer ETF - July SeriesScore 40
  6. Rank 17CCTJNCorgi U.S. Equities 30% Structured Buffer ETF - June SeriesScore 40

Our read on each fund

ETF.net Research

CTJLCCorgi U.S. Equities 30% Structured Buffer ETF - July Series

DSEPCFT Vest U.S. Equity Deep Buffer ETF - September

In short

CTJL No data

DSEP The deep-buffer version of owning the S&P 500: DSEP absorbs the first 5% of a drop itself, then shields losses down to -30% over its one-year September period, in exchange for a capped upside.

Stated mandate

CTJL No data

DSEP The Fund seeks to match the price return of the State Street® SPDR® S&P 500® ETF Trust before fees, subject to an 11.43% upside cap and protection against Underlying ETF losses between -5% and -30% during the stated outcome period.

Why people hold it

CTJL No data

  • DSEP Deeper cover than a standard buffer fund: 25 points of downside protection, from -5% to -30% of the underlying S&P 500 ETF's price return, over each one-year outcome period.ftportfolios.com
  • September is one rung in First Trust's twelve-month deep buffer ladder (DMAR, DJUN, DDEC and the rest), so start dates can be staggered instead of hinging on one calendar month.
  • Running since 2020, with five-plus years of resetting cap and buffer each September, and a 0.85% fee that sits right at the median for deep-buffer funds.

Worth knowing

CTJL No data

  • DSEP The shield starts only after a 5% decline, so everyday dips land in full, and the upside cap is reset each September at whatever the options market will pay.
  • 0.85% is above the cheapest end of the category: Pacer's Swan SOS Conservative funds (PSCX, PSCW, PSCQ) run 0.49%.
  • Thinly traded and built for price return, not income, so limit orders are worth using and there is no regular distribution stream.

Full CTJL profile⁠

Full DSEP profile⁠

CTJL vs DSEP Holdings

How CTJL and DSEP differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CTJL and 0.0% of DSEP.

Level by level

  • Holdings0 in both0.0%

Sector

No Sector split for CTJL and DSEP.

Country, concentration and asset class

Country by domicile

No country split for DSEP.

Concentration

Weight in the 10 largest Holdings

  • CTJL101.6%
  • DSEP102.4%

Securities held

  • CTJL3
  • DSEP2

Asset class

CTJL
Equity
DSEP
Multi-Asset

Holdings

  • Only in CTJL3
  • In both0
  • Only in DSEP2

Only in CTJL

3 securities, 98.7% of CTJL by weight

  • Spy 06/30/2027 149.14 C76.40%
  • United States Treasury Note/Bond 3.25% 06/30/202719.52%
  • Spy 06/30/2027 708.43 P2.76%

Only in DSEP

2 securities, 100% of DSEP by weight

  • 2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 7.5497.54%
  • 2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 723.613.82%

Weight gaps

CTJL and DSEP share no securities.

All CTJL holdings⁠All 4 DSEP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CTJL vs DSEP Cost

Overpaying DSEP vs CTJL

$10,050

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

  • CTJL 0.30%

    $6,149

  • DSEP 0.85%

    $16,199

$10,000
30 years

Cost over time

  • CTJL 0.30%
  • DSEP 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DSEP $16,199CTJL $6,149

Year by year

YearCTJLDSEPOverpaying
10$545$1,508$963
20$2,113$5,706$3,593
30$6,149$16,199$10,050

Expense ratio

  • 0.30%CTJL, cheaper
  • 0.85%DSEP
  • Middle half of S&P 500 Deep Buffer 25-30% funds
  • Median 0.85%

CTJL cheapest of 19 funds

DSEP 8th cheapest of 19 funds

CTJL vs DSEP Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CTJL None
DSEP None

Distribution history

CTJLAll CTJL payments⁠

No distribution history available.

DSEPAll DSEP payments⁠

No distribution history available.

CTJL vs DSEP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CTJL No dataDSEP 6.2%
Return per unit of riskSharpe ratio, 3 years
CTJL No dataDSEP 1.32
Worst fallMax drawdown, 5 years
CTJL No dataDSEP −11.8%
Market sensitivityBeta, 5 years
CTJL 0.00DSEP 0.47

Popular comparisons

  • CTJLCvsPSCXB

    Corgi U.S. Equities 30% Structured Buffer ETF - July Series · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.30% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DSEPCvsPSCXB

    FT Vest U.S. Equity Deep Buffer ETF - September · Pacer Swan SOS Conservative (January) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CTJLCvsUFEBB

    Corgi U.S. Equities 30% Structured Buffer ETF - July Series · Innovator U.S. Equity Ultra Buffer ETF

    Expense ratio
    0.30% · 0.79%
    Category
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  • DSEPCvsUFEBB

    FT Vest U.S. Equity Deep Buffer ETF - September · Innovator U.S. Equity Ultra Buffer ETF

    Expense ratio
    0.85% · 0.79%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CTJLCvsPSCQB

    Corgi U.S. Equities 30% Structured Buffer ETF - July Series · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.30% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DSEPCvsPSCQB

    FT Vest U.S. Equity Deep Buffer ETF - September · Pacer Swan SOS Conservative (October) ETF

    Expense ratio
    0.85% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.