FSEP vs VTI
FT Vest US Equity Buffer ETF - September vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | FSEP | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $1.2B | $663.5B | |
| Dividend Yield | 0.00% | 1.07% | |
| Holdings | 5 | 3,543 | |
| YTD Return | +9.44% | +14.22% | |
| 1Y Return | +14.04% | +22.19% | |
| 3Y Return (annualized) | +13.81% | +21.27% | |
| 5Y Return (annualized) | +10.40% | +12.23% | |
| Volatility (annualized) | 9.7% | 15.3% | |
| Max Drawdown | -13.8% | -56.6% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 18, 2020 | May 24, 2001 |
FSEP vs VTI Performance
FT Vest US Equity Buffer ETF - September (FSEP) is a ETF from First Trust Portfolios (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year FSEP returned +14.04% while VTI returned +22.19%. Year to date, FSEP is up 9.44% versus a gain of 14.22% for VTI.
Over three years, FSEP compounded at +13.81% per year against +21.27% for VTI; over five years the annualized figures are +10.40% and +12.23% respectively. Across the full 6-year window we track, FSEP has the edge at +11.63% annualized vs +8.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.7% 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 -13.8% for FSEP and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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
FSEP charges 0.85% per year while VTI charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, FSEP currently yields 0.00% against 1.07% for VTI.
Holdings Overlap
FSEP and VTI share 0 holdings out of 2784 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FSEP or VTI?
FSEP has an expense ratio of 0.85% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, FSEP or VTI?
Over the past year FSEP returned +14.04% vs +22.19% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (6 years), FSEP annualized +11.63% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, FSEP or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 9.7% for FSEP. Worst drawdown: FSEP -13.8% vs VTI -56.6%.
Should I hold both FSEP and VTI?
FSEP and VTI have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FSEP and VTI?
FSEP and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2784 unique securities.
Which pays a higher dividend, FSEP or VTI?
FSEP yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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