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QBIF vs YSEP

AllianzIM International Equity Buffer15 ETF

QBIFBCboe

FT Vest International Equity Moderate Buffer ETF - September

YSEPDCboe

Overlap

Expense ratio

QBIF −0.16pt a year

QBIF0.74%YSEP0.90%

Avg volume · 30D

YSEP 4.6×the volume

QBIF2.9KYSEP13.4K

QBIF vs YSEP Performance

Jul 31, 2026 – Oct 30, 2026

−1.2%QBIF+1.1%YSEP

Jul 31, 2026 to Oct 30, 2026. QBIF −1.2%. YSEP +1.1%. Use the arrow keys to read each point.0%2%3%Jul 2026Sep 2026Oct 2026
Expense ratio
QBIF 0.74%, better
YSEP 0.90%
Fund size
QBIF $9M
YSEP $135M
1Y total return
QBIF No data
YSEP +10.7%
Holdings
QBIF 3
YSEP 3
Avg volume (30D)
QBIF 2.9K sh
YSEP 13.4K sh, better
NAV per share
QBIF $26.00
YSEP $28.17
52W range

ETF.net Grade

QBIF: Cost 78, Risk 76, Mission not scored, Tradability 35, Holdings 55, Durability 26. YSEP: Cost 6, Risk 62, Mission not scored, Tradability 58, Holdings 35, Durability 79.
Pillar letters and Scores for QBIF, YSEP, with each pillar’s weight
PillarQBIFYSEP
Cost30% weightA78HigherF6
Mission25% weightNot scoredNot scored
Risk15% weightA76HigherB62
Tradability15% weightD35B58Higher
Holdings10% weightB55HigherD35
Durability5% weightD26A79Higher

Rank among Developed International Buffer 15% funds

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

Same Category. QBIF and YSEP are both graded against the same 26 Developed International Buffer 15% funds, so their Grades compare head to head.

Developed International Buffer 15%⁠

Category · 26 funds
See all 26 ›

QBIF ranks 2nd and YSEP 25th of 26 funds in the Developed International Buffer 15% Category.

  1. Rank 1BBUFIAB International Buffer ETFScore 65
  2. Rank 2BQBIFAllianzIM International Equity Buffer15 ETFScore 63
  3. Rank 3BIAUGInnovator Intl Developed Power Buffer ETFScore 58
  4. Rank 24DYJUNFT Vest International Equity Moderate Buffer ETF - JuneScore 37
  5. Rank 25DYSEPFT Vest International Equity Moderate Buffer ETF - SeptemberScore 36
  6. Rank 26DYDECFT Vest International Equity Moderate Buffer ETF - DecemberScore 31

Our read on each fund

ETF.net Research

QBIFBAllianzIM International Equity Buffer15 ETF

YSEPDFT Vest International Equity Moderate Buffer ETF - September

In short

QBIF No data

YSEP A 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

QBIF No data

YSEP 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

QBIF No data

  • YSEP 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

QBIF No data

  • YSEP 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

Full QBIF profile⁠

Full YSEP profile⁠

QBIF vs YSEP 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.

QBIF vs YSEP Cost

Overpaying YSEP vs QBIF

$2,733

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

  • QBIF 0.74%

    $14,307

  • YSEP 0.90%

    $17,040

$10,000
30 years

Cost over time

  • QBIF 0.74%
  • YSEP 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530YSEP $17,040QBIF $14,307

Year by year

YearQBIFYSEPOverpaying
10$1,319$1,593$274
20$5,015$6,015$1,000
30$14,307$17,040$2,733

Expense ratio

  • 0.74%QBIF, cheaper
  • 0.90%YSEP
  • Middle half of Developed International Buffer 15% funds
  • Median 0.85%

QBIF 6th cheapest of 26 funds

YSEP 23rd cheapest of 26 funds

QBIF vs YSEP Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
QBIF None
YSEP None

Distribution history

QBIFAll QBIF payments⁠

No distribution history available.

YSEPAll YSEP payments⁠

No distribution history available.

QBIF vs YSEP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QBIF No dataYSEP 7.3%
Return per unit of riskSharpe ratio, 3 years
QBIF No dataYSEP 1.27
Worst fallMax drawdown, 5 years
QBIF No dataYSEP −22.6%
Market sensitivityBeta, 5 years
QBIF 0.03YSEP 0.44

QBIF and YSEP in the news

All news⁠

Popular comparisons

  • QBIFBvsBUFIB

    AllianzIM International Equity Buffer15 ETF · AB International Buffer ETF

    Expense ratio
    0.74% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • YSEPDvsBUFIB

    FT Vest International Equity Moderate Buffer ETF - September · AB International Buffer ETF

    Expense ratio
    0.90% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QBIFBvsIAUGB

    AllianzIM International Equity Buffer15 ETF · Innovator Intl Developed Power Buffer ETF

    Expense ratio
    0.74% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • YSEPDvsIAUGB

    FT Vest International Equity Moderate Buffer ETF - September · Innovator Intl Developed Power Buffer ETF

    Expense ratio
    0.90% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QBIFBvsIJULB

    AllianzIM International Equity Buffer15 ETF · Innovator Intl Developed Power Buffer ETF

    Expense ratio
    0.74% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • YSEPDvsIJULB

    FT Vest International Equity Moderate Buffer ETF - September · Innovator Intl Developed Power Buffer ETF

    Expense ratio
    0.90% · 0.85%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.