DSEP vs FJAN
FT Vest US Equity Deep Buffer ETF - September vs FT Vest US Equity Buffer ETF - January
Which is better, DSEP or FJAN?
FJAN has been ahead.
FJAN led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DSEP | FJAN |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $423M | $1.5B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +9.34% | +9.94%Best |
| 1Y Return | +11.48% | +13.94%Best |
| 3Y Return (annualized) | +12.52% | +15.36%Best |
| 5Y Return (annualized) | +8.67% | +11.20%Best |
| Volatility (annualized) | 7.0%Best | 9.1% |
| Max Drawdown | -11.8%Best | -13.6% |
| $10,000 over 5 years | $15,155 | $17,003Best |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 18, 2020 | Jan 15, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 19, 2021 to Oct 14, 2026 (5.7 years).
DSEP vs FJAN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.7 years both funds cover.
DSEP vs FJAN Performance
FT Vest US Equity Deep Buffer ETF - September (DSEP) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Buffer ETF - January (FJAN) is an ETF from First Trust Portfolios (US). Over the past year DSEP returned +11.48% while FJAN returned +13.94%. Year to date, DSEP is up 9.34% versus a gain of 9.94% for FJAN.
Over three years, DSEP compounded at +12.52% per year against +15.36% for FJAN; over five years the annualized figures are +8.67% and +11.20% respectively. Across the full 6-year window we track, FJAN has the edge at +11.64% annualized vs +8.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FJAN has been the more volatile fund, with annualized monthly volatility of 9.1% compared with 7.0% for DSEP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.8% for DSEP and -13.6% for FJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DSEP charges 0.85% per year while FJAN charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, DSEP currently yields 0.00% against 0.00% for FJAN.
You are not choosing between two funds in isolation.
Whichever of DSEP and FJAN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DSEP or FJAN?
DSEP has an expense ratio of 0.85% while FJAN charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, DSEP or FJAN?
Over the past year DSEP returned +11.48% vs +13.94% for FJAN, so FJAN leads on 1-year performance. Over the longest common window we track (6 years), DSEP annualized +8.25% vs +11.64% for FJAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSEP or FJAN?
FJAN has been the more volatile fund at 9.1% annualized versus 7.0% for DSEP. Worst drawdown: DSEP -11.8% vs FJAN -13.6%.
Should I hold both DSEP and FJAN?
DSEP and FJAN have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DSEP or FJAN?
DSEP yields 0.00% while FJAN yields 0.00%, so FJAN currently pays the higher dividend yield.
Is FJAN better than DSEP?
FJAN led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.