DSEP vs XSPI
FT Vest US Equity Deep Buffer ETF - September vs NEOS Boosted S&P 500 High Income ETF
Which is better, DSEP or XSPI?
DSEP costs less.
DSEP has a lower expense ratio.
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 | XSPI |
|---|---|---|
| Expense Ratio | 0.85%Best | 0.98% |
| AUM | $423M | $133M |
| Dividend Yield | 0.00% | 12.88% |
| Holdings | 10 | 1,022 |
| YTD Return | +8.32% | +8.55%Best |
| 1Y Return | +9.11% | - |
| 3Y Return (annualized) | +11.94% | - |
| 5Y Return (annualized) | +8.11% | - |
| Fund Family | First Trust Portfolios (US) | NEOS |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 18, 2020 | Feb 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
DSEP vs XSPI 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.
DSEP vs XSPI Performance
FT Vest US Equity Deep Buffer ETF - September (DSEP) is an ETF from First Trust Portfolios (US) and NEOS Boosted S&P 500 High Income ETF (XSPI) is an ETF from NEOS. Year to date, DSEP is up 8.32% versus a gain of 8.55% for XSPI.
Past performance does not guarantee future results.
Fees and Cost Over Time
DSEP charges 0.85% per year while XSPI charges 0.98%. On a $10,000 position that is $85 vs $98 annually, a gap of $13 per year that compounds over a long holding period. On income, DSEP currently yields 0.00% against 12.88% for XSPI.
You are not choosing between two funds in isolation.
Whichever of DSEP and XSPI 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 XSPI?
DSEP has an expense ratio of 0.85% while XSPI charges 0.98%. DSEP is the cheaper option, by $13 a year on a $10,000 investment.
Which pays a higher dividend, DSEP or XSPI?
DSEP yields 0.00% while XSPI yields 12.88%, so XSPI currently pays the higher dividend yield.
Is XSPI better than DSEP?
DSEP has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.