DSEP vs DAPP

Comparison between FT VEST U.S. EQUITY DEEP BUFFER ETF - SEPTEMBER (DSEP, ETF) and VANECK DIGITAL TRANSFORMATION ETF (DAPP, ETF).

5-Year PerformanceDSEP has outperformed DAPP, delivering a return of +8.1% compared to -0.3%

DSEP vs DAPP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSEP(ETF)	DAPP(ETF)
Net Assets	$348M	$346M
Expense Ratio	0.85%	0.52%
Max Drawdown	11.78%	92.63%
Sharpe Ratio	1.23	0.30
5Y Beta	0.45	2.57
P/E Ratio	N/A	-6.23
Forward P/E	N/A	20.83
Debt to Equity	N/A	-103.76%
P/S Ratio	N/A	2.97
P/B Ratio	N/A	2.62

Net Assets

Winner

DSEP

$348M

DAPP

$346M

Expense Ratio

DSEP

0.85%

Winner

DAPP

0.52%

Max Drawdown

Winner

DSEP

11.78%

DAPP

92.63%

Sharpe Ratio

Winner

DSEP

1.23

DAPP

0.30

5Y Beta

Winner

DSEP

0.45

DAPP

2.57

P/E Ratio

DSEP

N/A

DAPP

-6.23

Forward P/E

DSEP

N/A

DAPP

20.83

Debt to Equity

DSEP

N/A

DAPP

-103.76%

P/S Ratio

DSEP

N/A

DAPP

2.97

P/B Ratio

DSEP

N/A

DAPP

2.62

DSEP vs DAPP - Historical Returns

Returns include dividend reinvestment.

Period	DSEP	DAPP
1 month	+0.81%	-11.70%
3 months	+3.86%	+3.21%
6 months	+5.92%	-1.83%
1 year	+11.34%	+3.37%
5 years(CAGR)	+8.15%	-0.27%
Max(CAGR)	+8.49%	-7.41%

Winner

DSEP

+0.81%

DAPP

-11.70%

Winner

DSEP

+3.86%

DAPP

+3.21%

Winner

DSEP

+5.92%

DAPP

-1.83%

Winner

DSEP

+11.34%

DAPP

+3.37%

5Y(CAGR)

Winner

DSEP

+8.15%

DAPP

-0.27%

Max(CAGR)

Winner

DSEP

+8.49%

DAPP

-7.41%

DSEP vs DAPP - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	DSEP	DAPP
2026	+6.21%	+8.54%
2025	+10.78%	+9.54%
2024	+11.59%	+49.63%
2023	+19.31%	+279.34%
2022	-7.52%	-85.71%
2021	+6.97%	-38.38%
2020	+4.91%	N/A

DSEP vs DAPP Drawdown Comparison

The maximum drawdown for DSEP was -11.78%, occurring on Oct 12, 2022. Recovery took 354 trading sessions.

The maximum drawdown for DAPP was -91.87%, occurring on Dec 28, 2022. This drawdown has not yet recovered.

The current DSEP drawdown is -0.15%. The current DAPP drawdown is -35.54%.

Rank	DSEP	DAPP
#1	-11.78% Jan 4, 2022 - Jun 2, 2023	-91.87% Nov 9, 2021 - Dec 28, 2022
#2	-9.93% Feb 19, 2025 - Jun 10, 2025	-39.21% Apr 14, 2021 - Nov 8, 2021
#3	-5.26% Sep 14, 2023 - Nov 17, 2023	N/A
#4	-4.54% Jan 28, 2026 - Apr 14, 2026	N/A
#5	-2.89% Oct 12, 2020 - Nov 6, 2020	N/A
#6	-2.33% Oct 27, 2025 - Dec 3, 2025	N/A
#7	-2.30% Jul 31, 2024 - Aug 13, 2024	N/A
#8	-2.20% Jul 28, 2023 - Aug 29, 2023	N/A
#9	-1.95% Mar 28, 2024 - May 6, 2024	N/A
#10	-1.64% Nov 8, 2021 - Dec 23, 2021	N/A
#11	-1.61% Sep 24, 2021 - Oct 15, 2021	N/A
#12	-1.56% Dec 6, 2024 - Jan 21, 2025	N/A
#13	-1.41% Jun 2, 2026 - Jun 15, 2026	N/A
#14	-1.36% Oct 8, 2025 - Oct 21, 2025	N/A
#15	-1.26% Oct 18, 2024 - Nov 6, 2024	N/A