AUGW vs DSEP
AllianzIM US Equity Buffer20 Aug ETF vs FT Vest US Equity Deep Buffer ETF - September
Which is better, AUGW or DSEP?
Nearly the same fund. AUGW costs less.
AUGW has a lower expense ratio. AUGW led over 3Y, DSEP over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | AUGW | DSEP |
|---|---|---|
| Expense Ratio | 0.74%Best | 0.85% |
| AUM | $125M | $423M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 10 |
| YTD Return | +6.90% | +8.74%Best |
| 1Y Return | +8.12% | +9.57%Best |
| 3Y Return (annualized) | +12.18%Best | +12.09% |
| 5Y Return (annualized) | - | +8.23% |
| Volatility (annualized) | 5.4%Best | 6.4% |
| Max Drawdown | -8.8%Best | -9.9% |
| $10,000 over 3.3 years | $13,940 | $14,082Best |
| Fund Family | AllianzIM | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 31, 2023 | Sep 18, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Aug 1, 2023 to Nov 11, 2026 (3.3 years).
AUGW vs DSEP 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 3.3 years both funds cover.
AUGW vs DSEP Performance
AllianzIM US Equity Buffer20 Aug ETF (AUGW) is an ETF from AllianzIM and FT Vest US Equity Deep Buffer ETF - September (DSEP) is an ETF from First Trust Portfolios (US). Over the past year AUGW returned +8.12% while DSEP returned +9.57%. Year to date, AUGW is up 6.90% versus a gain of 8.74% for DSEP.
Over three years, AUGW compounded at +12.18% per year against +12.09% for DSEP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DSEP has been the more volatile fund, with annualized monthly volatility of 6.4% compared with 5.4% for AUGW. 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 -8.8% for AUGW and -9.9% for DSEP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AUGW charges 0.74% per year while DSEP charges 0.85%. On a $10,000 position that is $74 vs $85 annually, a gap of $11 per year that compounds over a long holding period. On income, AUGW currently yields 0.00% against 0.00% for DSEP.
You are not choosing between two funds in isolation.
Whichever of AUGW and DSEP 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, AUGW or DSEP?
AUGW has an expense ratio of 0.74% while DSEP charges 0.85%. AUGW is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, AUGW or DSEP?
Over the past year AUGW returned +8.12% vs +9.57% for DSEP, so DSEP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AUGW or DSEP?
DSEP has been the more volatile fund at 6.4% annualized versus 5.4% for AUGW. Worst drawdown: AUGW -8.8% vs DSEP -9.9%.
Should I hold both AUGW and DSEP?
AUGW and DSEP have a monthly-return correlation of 0.98, 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, AUGW or DSEP?
AUGW yields 0.00% while DSEP yields 0.00%, so DSEP currently pays the higher dividend yield.
Is DSEP better than AUGW?
AUGW has a lower expense ratio. AUGW led over 3Y, DSEP over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.