DSEP vs KTF

Comparison between FT VEST U.S. EQUITY DEEP BUFFER ETF - SEPTEMBER (DSEP, ETF) and DWS Municipal Income Trust (KTF, ETF).

5-Year PerformanceDSEP has outperformed KTF, delivering a return of +8.4% compared to -0.9%

DSEP vs KTF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSEP(ETF)	KTF(ETF)
Net Assets	$352M	$352M
Expense Ratio	0.85%	N/A
Max Drawdown	11.78%	55.06%
Sharpe Ratio	1.27	0.87
5Y Beta	0.45	0.09
5Y Dividends CAGR	N/A	9.27%

Net Assets

DSEP

$352M

Winner

KTF

$352M

Expense Ratio

DSEP

0.85%

KTF

N/A

Max Drawdown

Winner

DSEP

11.78%

KTF

55.06%

Sharpe Ratio

Winner

DSEP

1.27

KTF

0.87

5Y Beta

DSEP

0.45

Winner

KTF

0.09

5Y Dividends CAGR

DSEP

N/A

KTF

9.27%

DSEP vs KTF - Historical Returns

Returns include dividend reinvestment.

Period	DSEP	KTF
1 month	+1.85%	+0.00%
3 months	+2.80%	+0.67%
6 months	+7.20%	-0.07%
1 year	+10.91%	+10.43%
5 years(CAGR)	+8.40%	-0.85%
10 years(CAGR)	N/A	+0.50%
Max(CAGR)	+8.61%	+5.74%

Winner

DSEP

+1.85%

KTF

+0.00%

Winner

DSEP

+2.80%

KTF

+0.67%

Winner

DSEP

+7.20%

KTF

-0.07%

Winner

DSEP

+10.91%

KTF

+10.43%

5Y(CAGR)

Winner

DSEP

+8.40%

KTF

-0.85%

10Y(CAGR)

DSEP

N/A

KTF

+0.50%

Max(CAGR)

Winner

DSEP

+8.61%

KTF

+5.74%

DSEP vs KTF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DSEP	KTF
2026	+7.70%	+2.06%
2025	+10.78%	+3.99%
2024	+11.59%	+12.91%
2023	+19.31%	+5.86%
2022	-7.52%	-23.87%
2021	+6.97%	+6.09%
2020	+4.91%	+7.62%
2019	N/A	+12.58%
2018	N/A	-8.39%
2017	N/A	-5.18%
2016	N/A	+2.51%
2015	N/A	+6.87%
2014	N/A	+18.50%
2013	N/A	-13.85%
2012	N/A	+12.64%
2011	N/A	+31.44%
2010	N/A	+5.11%
2009	N/A	+50.64%
2008	N/A	-18.13%
2007	N/A	+0.56%
2006	N/A	-9.11%
2005	N/A	+18.25%
2004	N/A	+0.51%
2003	N/A	+17.49%
2002	N/A	+7.70%
2001	N/A	+9.36%
2000	N/A	+15.39%
1999	N/A	-5.12%

DSEP vs KTF Drawdown Comparison

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

The maximum drawdown for KTF was -46.96%, occurring on Dec 16, 2008. Recovery took 885 trading sessions.

The current DSEP drawdown is -0.08%. The current KTF drawdown is -5.46%.

Rank	DSEP	KTF
#1	-11.78% Jan 4, 2022 - Jun 2, 2023	-46.96% Feb 1, 2006 - Aug 7, 2009
#2	-9.93% Feb 19, 2025 - Jun 10, 2025	-35.40% Jul 28, 2021 - Oct 25, 2023
#3	-5.26% Sep 14, 2023 - Nov 17, 2023	-26.62% Sep 6, 2016 - Jan 28, 2021
#4	-4.54% Jan 28, 2026 - Apr 14, 2026	-22.47% Jan 23, 2013 - Jan 12, 2015
#5	-2.89% Oct 12, 2020 - Nov 6, 2020	-20.35% Sep 30, 2010 - Sep 8, 2011
#6	-2.33% Oct 27, 2025 - Dec 3, 2025	-16.13% Feb 27, 2004 - Aug 26, 2004
#7	-2.30% Jul 31, 2024 - Aug 13, 2024	-14.80% Aug 28, 2000 - Jan 23, 2001
#8	-2.20% Jul 28, 2023 - Aug 29, 2023	-12.45% Nov 4, 1999 - Mar 30, 2000
#9	-1.95% Mar 28, 2024 - May 6, 2024	-10.17% Jul 2, 2003 - Dec 22, 2003
#10	-1.64% Nov 8, 2021 - Dec 23, 2021	-9.65% Feb 3, 2015 - Nov 3, 2015
#11	-1.61% Sep 24, 2021 - Oct 15, 2021	-9.44% Nov 13, 2001 - Jun 13, 2002
#12	-1.56% Dec 6, 2024 - Jan 21, 2025	-8.93% Aug 23, 2001 - Nov 9, 2001
#13	-1.41% Jun 2, 2026 - Jun 15, 2026	-8.58% Aug 1, 2012 - Nov 20, 2012
#14	-1.36% Oct 8, 2025 - Oct 21, 2025	-8.47% Feb 1, 2012 - May 11, 2012
#15	-1.26% Oct 18, 2024 - Nov 6, 2024	-8.02% Oct 3, 2002 - Feb 11, 2003