FT Vest U.S. Equity Deep Buffer ETF - September (DSEP)

The FT U.S. Equity Deep Buffer ETF September (DSEP) is an exchange-traded fund (ETF) that seeks to track the performance of the FT Cboe Vest U.S. Equity Deep Buffer Index for September. The index uses an options-based strategy to provide investors with exposure to the performance of the S&P 500 Index, while seeking to limit losses in the event of significant market declines.

The ETF offers a buffer against losses of the first 15% of the S&P 500 Index's price return over the course of the year, but it does not provide protection against losses beyond that point. The buffer is achieved through the use of put options, which give the holder the right, but not the obligation, to sell an underlying asset at a predetermined price within a specified period.

Additionally, as with any investment in the stock market, there are risks involved, and the ETF's performance is not guaranteed.