FDND vs. FSEP
FDND (FT Vest Dow Jones Internet & Target Income ETF) and FSEP (FT Cboe Vest U.S. Equity Buffer ETF - September) are both exchange-traded funds - FDND is a Technology Equities fund actively managed by FT Vest, while FSEP is a Options Trading fund tracking the Cboe S&P 500 Buffer Protect Index September. FDND is actively managed, while FSEP is passively managed. Over the past year, FDND returned 1.61% vs 14.78% for FSEP. Their 0.71 correlation means they have sometimes moved together and sometimes differently. FDND charges 0.75%/yr vs 0.85%/yr for FSEP.
Performance
FDND vs. FSEP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDND achieves a 0.56% return, which is significantly lower than FSEP's 7.68% return.
FDND
- 1D
- 2.22%
- 1M
- 2.80%
- 6M
- 3.79%
- YTD
- 0.56%
- 1Y
- 1.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.95%
FSEP
- 1D
- 0.48%
- 1M
- 0.78%
- 6M
- 6.71%
- YTD
- 7.68%
- 1Y
- 14.78%
- 3Y*
- 12.54%
- 5Y*
- 10.08%
- 10Y*
- —
- ALL TIME*
- 11.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $52.86K | $42.66K | $64.39K | |
| $1.01M | $986.22K | $2.87M |
FDND vs. FSEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FDND FT Vest Dow Jones Internet & Target Income ETF | 0.56% | 9.69% | 15.85% |
FSEP FT Cboe Vest U.S. Equity Buffer ETF - September | 7.68% | 12.83% | 7.90% |
Correlation
The correlation between FDND and FSEP is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024 | 0.71 |
The correlation between FDND and FSEP has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDND vs. FSEP — Risk / Return Rank
FDND
FSEP
FDND vs. FSEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) and FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDND | FSEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.34 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.45 | -2.53 |
| Martin ratioReturn relative to average drawdown | -0.18 | 12.11 | -12.29 |
Loading charts...
Drawdowns
FDND vs. FSEP - Drawdown Comparison
The maximum FDND drawdown since its inception was -24.12%, which is greater than FSEP's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for FDND and FSEP.
Loading charts...
Drawdown Indicators
| FDND | FSEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.12% | -13.79% | -10.33% |
Max Drawdown (1Y)Largest decline over 1 year | -20.49% | -5.62% | -14.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.37% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.79% | — |
Current DrawdownCurrent decline from peak | -5.97% | -0.05% | -5.92% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -2.09% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.05% | 1.14% | +7.91% |
Volatility
FDND vs. FSEP - Volatility Comparison
FT Vest Dow Jones Internet & Target Income ETF (FDND) has a higher volatility of 5.55% compared to FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP) at 1.88%. This indicates that FDND's price experiences larger fluctuations and is considered to be riskier than FSEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDND | FSEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 1.88% | +3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 15.62% | 6.06% | +9.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.58% | 7.72% | +11.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.40% | 10.86% | +10.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.40% | 10.46% | +10.94% |
FDND vs. FSEP - Expense Ratio Comparison
FDND has a 0.75% expense ratio, which is lower than FSEP's 0.85% expense ratio.
Dividends
FDND vs. FSEP - Dividend Comparison
FDND's dividend yield for the trailing twelve months is around 8.09%, while FSEP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FDND FT Vest Dow Jones Internet & Target Income ETF | 8.09% | 8.11% | 5.51% |
FSEP FT Cboe Vest U.S. Equity Buffer ETF - September | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDND and FSEP have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDND has higher volatility (5.55%) compared to FSEP (1.88%). In terms of maximum drawdown, FDND dropped -24.12% vs FSEP's -13.79%.
On 1-year performance, FSEP leads with 14.78% vs 1.61% for FDND. On fees, FDND is cheaper at 0.75% per year. On volatility, FSEP has been the lower-risk option at 1.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FSEP has performed better with a 14.78% return vs 1.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDND is cheaper with a 0.75% expense ratio, compared with 0.85% for FSEP.
FDND has the higher dividend yield at 8.09%, compared with 0.00% for FSEP.
FDND is categorized as Technology Equities, while FSEP is Options Trading. Their fees differ too: 0.75% for FDND and 0.85% for FSEP.
FSEP currently has the higher Sharpe Ratio (1.78 vs -0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FDND and FSEP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer