FSEP vs NVDL
FT Vest US Equity Buffer ETF - September vs GraniteShares 2x Long NVDA Daily ETF
Which is better, FSEP or NVDL?
NVDL has been ahead.
FSEP has a lower expense ratio. NVDL led over 1Y, 3Y and the full window.
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 | FSEP | NVDL |
|---|---|---|
| Expense Ratio | 0.85%Best | 1.05% |
| AUM | $1.4B | $3.5B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 4 |
| YTD Return | +11.52% | +14.36%Best |
| 1Y Return | +14.29% | +19.21%Best |
| 3Y Return (annualized) | +15.18% | +95.77%Best |
| 5Y Return (annualized) | +10.70% | - |
| Volatility (annualized) | 8.1%Best | 78.1% |
| Max Drawdown | -12.4%Best | -67.5% |
| $10,000 over 3.8 years | $16,590 | $255,002Best |
| Fund Family | First Trust Portfolios (US) | GraniteShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 18, 2020 | Dec 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 14, 2026 (3.8 years).
FSEP vs NVDL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FSEP vs NVDL Performance
FT Vest US Equity Buffer ETF - September (FSEP) is an ETF from First Trust Portfolios (US) and GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares. Over the past year FSEP returned +14.29% while NVDL returned +19.21%. Year to date, FSEP is up 11.52% versus a gain of 14.36% for NVDL.
Over three years, FSEP compounded at +15.18% per year against +95.77% for NVDL. Across the full 4-year window we track, NVDL has the edge at +134.50% annualized vs +14.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDL has been the more volatile fund, with annualized monthly volatility of 78.1% compared with 8.1% for FSEP. 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 -12.4% for FSEP and -67.5% for NVDL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FSEP charges 0.85% per year while NVDL charges 1.05%. On a $10,000 position that is $85 vs $105 annually, a gap of $20 per year that compounds over a long holding period. On income, FSEP currently yields 0.00% against 0.00% for NVDL.
You are not choosing between two funds in isolation.
Whichever of FSEP and NVDL 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, FSEP or NVDL?
FSEP has an expense ratio of 0.85% while NVDL charges 1.05%. FSEP is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, FSEP or NVDL?
Over the past year FSEP returned +14.29% vs +19.21% for NVDL, so NVDL leads on 1-year performance. Over the longest common window we track (4 years), FSEP annualized +14.25% vs +134.50% for NVDL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FSEP or NVDL?
NVDL has been the more volatile fund at 78.1% annualized versus 8.1% for FSEP. Worst drawdown: FSEP -12.4% vs NVDL -67.5%.
Should I hold both FSEP and NVDL?
FSEP and NVDL have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FSEP or NVDL?
FSEP yields 0.00% while NVDL yields 0.00%, so NVDL currently pays the higher dividend yield.
Is NVDL better than FSEP?
FSEP has a lower expense ratio. NVDL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.