DSEP vs MIY

Comparison between FT VEST U.S. EQUITY DEEP BUFFER ETF - SEPTEMBER (DSEP, ETF) and BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF).

5-Year PerformanceDSEP has outperformed MIY, delivering a return of +8.4% compared to +0.4%

DSEP vs MIY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSEP(ETF)	MIY(ETF)
Net Assets	$352M	$352M
Expense Ratio	0.85%	N/A
Max Drawdown	11.78%	50.82%
Sharpe Ratio	1.27	1.20
5Y Beta	0.45	0.14
5Y Dividends CAGR	N/A	1.21%

Net Assets

DSEP

$352M

MIY

$352M

Expense Ratio

DSEP

0.85%

MIY

N/A

Max Drawdown

Winner

DSEP

11.78%

MIY

50.82%

Sharpe Ratio

Winner

DSEP

1.27

MIY

1.20

5Y Beta

DSEP

0.45

Winner

MIY

0.14

5Y Dividends CAGR

DSEP

N/A

MIY

1.21%

DSEP vs MIY - Historical Returns

Returns include dividend reinvestment.

Period	DSEP	MIY
1 month	+1.85%	+2.65%
3 months	+2.80%	+5.47%
6 months	+7.20%	+4.64%
1 year	+10.91%	+18.28%
5 years(CAGR)	+8.40%	+0.40%
10 years(CAGR)	N/A	+3.01%
Max(CAGR)	+8.61%	+5.67%

DSEP

+1.85%

Winner

MIY

+2.65%

DSEP

+2.80%

Winner

MIY

+5.47%

Winner

DSEP

+7.20%

MIY

+4.64%

DSEP

+10.91%

Winner

MIY

+18.28%

5Y(CAGR)

Winner

DSEP

+8.40%

MIY

+0.40%

10Y(CAGR)

DSEP

N/A

MIY

+3.01%

Max(CAGR)

Winner

DSEP

+8.61%

MIY

+5.67%

DSEP vs MIY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DSEP	MIY
2026	+7.70%	+10.80%
2025	+10.78%	+9.85%
2024	+11.59%	+2.85%
2023	+19.31%	+4.79%
2022	-7.52%	-23.78%
2021	+6.97%	+9.95%
2020	+4.91%	+7.48%
2019	N/A	+17.81%
2018	N/A	-6.04%
2017	N/A	+8.69%
2016	N/A	+2.26%
2015	N/A	+5.94%
2014	N/A	+17.64%
2013	N/A	-16.80%
2012	N/A	+7.93%
2011	N/A	+25.37%
2010	N/A	+10.33%
2009	N/A	+40.58%
2008	N/A	-24.58%
2007	N/A	-3.81%
2006	N/A	-3.30%
2005	N/A	+7.52%
2004	N/A	+10.85%
2003	N/A	+12.00%
2002	N/A	+12.32%
2001	N/A	+13.29%
2000	N/A	+8.59%
1999	N/A	-4.48%

DSEP vs MIY Drawdown Comparison

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

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The current DSEP drawdown is -0.08%. The current MIY drawdown is -0.79%.

Rank	DSEP	MIY
#1	-11.78% Jan 4, 2022 - Jun 2, 2023	-42.18% Feb 12, 2008 - Sep 3, 2009
#2	-9.93% Feb 19, 2025 - Jun 10, 2025	-34.58% Aug 2, 2021 - Mar 4, 2026
#3	-5.26% Sep 14, 2023 - Nov 17, 2023	-25.81% Jan 23, 2013 - Jan 4, 2016
#4	-4.54% Jan 28, 2026 - Apr 14, 2026	-24.40% Mar 4, 2020 - Aug 6, 2020
#5	-2.89% Oct 12, 2020 - Nov 6, 2020	-17.37% Aug 31, 2010 - Sep 29, 2011
#6	-2.33% Oct 27, 2025 - Dec 3, 2025	-13.79% Nov 5, 1999 - Dec 18, 2000
#7	-2.30% Jul 31, 2024 - Aug 13, 2024	-12.75% Jul 11, 2016 - Apr 12, 2019
#8	-2.20% Jul 28, 2023 - Aug 29, 2023	-11.86% Mar 24, 2004 - Sep 9, 2004
#9	-1.95% Mar 28, 2024 - May 6, 2024	-11.14% Jun 11, 2003 - Jan 7, 2004
#10	-1.64% Nov 8, 2021 - Dec 23, 2021	-10.97% Jan 24, 2006 - Feb 12, 2008
#11	-1.61% Sep 24, 2021 - Oct 15, 2021	-10.08% Mar 4, 2026 - Aug 14, 2026
#12	-1.56% Dec 6, 2024 - Jan 21, 2025	-9.04% Feb 10, 2012 - May 24, 2012
#13	-1.41% Jun 2, 2026 - Jun 15, 2026	-8.91% Oct 1, 2002 - Mar 5, 2003
#14	-1.36% Oct 8, 2025 - Oct 21, 2025	-8.41% Nov 28, 2012 - Jan 23, 2013
#15	-1.26% Oct 18, 2024 - Nov 6, 2024	-7.27% Nov 14, 2001 - May 28, 2002