FJAN vs GSEP
FT Vest US Equity Buffer ETF - January vs FT Vest US Equity Moderate Buffer ETF - September
Which is better, FJAN or GSEP?
FJAN has been ahead.
FJAN led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | FJAN | GSEP |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $1.5B | $365M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +9.94%Best | +9.11% |
| 1Y Return | +13.94%Best | +11.58% |
| 3Y Return (annualized) | +15.36%Best | +12.22% |
| 5Y Return (annualized) | +11.20% | - |
| Volatility (annualized) | 7.7% | 5.8%Best |
| Max Drawdown | -12.9% | -10.1%Best |
| $10,000 over 3.1 years | $15,245Best | $14,064 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 15, 2021 | Sep 15, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 18, 2023 to Oct 14, 2026 (3.1 years).
FJAN vs GSEP 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 3.1 years both funds cover.
FJAN vs GSEP Performance
FT Vest US Equity Buffer ETF - January (FJAN) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Moderate Buffer ETF - September (GSEP) is an ETF from First Trust Portfolios (US). Over the past year FJAN returned +13.94% while GSEP returned +11.58%. Year to date, FJAN is up 9.94% versus a gain of 9.11% for GSEP.
Over three years, FJAN compounded at +15.36% per year against +12.22% for GSEP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FJAN has been the more volatile fund, with annualized monthly volatility of 7.7% compared with 5.8% for GSEP. 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 -12.9% for FJAN and -10.1% for GSEP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FJAN charges 0.85% per year while GSEP charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, FJAN currently yields 0.00% against 0.00% for GSEP.
You are not choosing between two funds in isolation.
Whichever of FJAN and GSEP 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, FJAN or GSEP?
FJAN has an expense ratio of 0.85% while GSEP charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, FJAN or GSEP?
Over the past year FJAN returned +13.94% vs +11.58% for GSEP, so FJAN leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FJAN or GSEP?
FJAN has been the more volatile fund at 7.7% annualized versus 5.8% for GSEP. Worst drawdown: FJAN -12.9% vs GSEP -10.1%.
Should I hold both FJAN and GSEP?
FJAN and GSEP have a monthly-return correlation of 0.97, 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, FJAN or GSEP?
FJAN yields 0.00% while GSEP yields 0.00%, so GSEP currently pays the higher dividend yield.
Is GSEP better than FJAN?
FJAN led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.