{"url":"https://etfiq.com/compare/buffer/qbsv-vs-sepm","section":"compare","title":"QBSV vs SEPM: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 QBSV can gain 4.2% before its cap and SEPM 6.8%. Each can fall 0.9% and 1.4% before its buffer engages, on SPY.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, QBSV or SEPM?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, QBSV can gain about 4.2% before its cap and SEPM about 6.8%, so SEPM has more room left this period."}},{"@type":"Question","name":"Which resets first, QBSV or SEPM?","acceptedAnswer":{"@type":"Answer","text":"QBSV ends its outcome period on Dec 31, 2026 and SEPM on Sep 17, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, QBSV or SEPM?","acceptedAnswer":{"@type":"Answer","text":"QBSV charges 0.64% a year and SEPM charges 0.85%, so QBSV is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"QBSV vs SEPM","item":"https://etfiq.com/compare/buffer/qbsv-vs-sepm"}]},{"@type":"WebPage","name":"QBSV vs SEPM: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 QBSV can gain 4.2% before its cap and SEPM 6.8%. Each can fall 0.9% and 1.4% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/qbsv-vs-sepm","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 SEPM can fall 1.4% before its buffer engages and QBSV 0.9%, and QBSV resets 260 days sooner.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of QBSV and SEPM","description":"As of Nov 4, 2026 QBSV can gain 4.2% before its cap and SEPM 6.8%. Each can fall 0.9% and 1.4% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/qbsv-vs-sepm","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6494,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / QBSV vs SEPM \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n QBSV vs SEPM: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 SEPM can fall 1.4% before its buffer engages and QBSV 0.9%, and QBSV resets 260 days sooner.\n Copy this for sharing \n \n QBSV costs 0.21 points a year less; SEPM is 1.4 times larger.\n QBSV and SEPM at a glance. As of Nov 4, 2026. Source: ETFIQ. QBSV SEPM \n Expense ratio 0.64% 0.85% \n Net assets, as of Nov 3, 2026 $28m $38m \n Total return, 1 year not published +6.4% \n What it tracks SPY SPY \n Holdings in common not publ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, QBSV against SEPM, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/qbsv-vs-sepm","a":{"ticker":"QBSV","name":"AllianzIM U.S. Equity Buffer5 ETF - Jan","issuer":"AllianzIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Oct 1, 2026, QBSV returned 0.7%, against SPY's 0.5% price return. It can gain 4.2% more before its cap.","url":"https://etfiq.com/funds/qbsv","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"4.2%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"0.9%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"5.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"57","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$28m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.64%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"b":{"ticker":"SEPM","name":"FT Vest U.S. Equity Max Buffer ETF - September","issuer":"First Trust","desk":"buffer","as_of":"2026-11-04","verdict":"Since Sep 21, 2026, SEPM returned 0.6%, against SPY's 0.7% price return. It can gain 6.8% more before its cap.","url":"https://etfiq.com/funds/sepm","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"6.8%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"1.4%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"317","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$38m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-11-04","source":"issuer page, Nov 4, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/qbsv-vs-sepm"}