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RSSE

GradeCNew York Stock Exchange Arca

FT Vest U.S. Equity Equal Weight Buffer ETF - September

Buffered · First Trust · Inception 2024-09-20

$23.52−0.06 (−0.25%)

As of Sep 23, 2026, 2:17 PM EDT

History starts Sep 23, 2024.
Intraday session: down, 38 prints from 23.58 to 23.52. Range 23.45 to 23.58. Use the arrow keys to read each point.$23.45$23.50$23.5510 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$32M
1Y return
+12.0%
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0M sh
NAV per share
$23.56
52W range
low $20.58high $23.86

The ETF.net RSSE Grade

C

52/ 100

Rank 6 of 11 in Other Buffered⁠

Confidence High

Six-pillar profile for RSSE. Scores out of 100: Cost 39, Risk 69, Mission 83, Tradability 67, Holdings 39, Durability 67. Strongest: Mission (83). Weakest: Holdings (39). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 39
    Category rank9/11 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 83
    Category rank1/1 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 69
    Category rank4/11 · top 36%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank3/11 · top 27%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 39
    Category rank7/7 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 67
    Category rank4/11 · top 36%

Graded as of Sep 22, 2026

Our read on RSSE

ETF.net Research

CMost buffer ETFs bolt their downside cushion onto the megacap-heavy S&P 500. This one uses the equal-weight version instead, buffering the first 10% of losses over a one-year outcome period that resets every September.

Stated mandate

The Fund seeks returns matching the price return of the Invesco S&P 500 Equal Weight ETF, up to a predetermined cap, while buffering the first 10% of losses during the current outcome period.

Why people hold it

  1. 01Buffers the first 10% of losses on the price return of the equal-weight S&P 500 ETF, so the cushion sits on a broadly spread index rather than a handful of megacaps.
  2. 02Fee of 0.85% a year, slightly under the middle of the buffer-ETF pack, and equal-weight defined-outcome funds are a small corner of that market.
  3. 03One rung of a ladder: sibling fund RSJN runs the same equal-weight buffer strategy from a June start at the same 0.85% fee, so entry months can be staggered.

Worth knowing

  1. 01Upside is capped. The cap is reset each September for the new outcome period, so gains beyond it in the reference index do not pass through.
  2. 02Small asset base and light trading, so spreads can run wider than in the largest buffer funds. Buying mid-period also changes the buffer and cap actually in play.
  3. 03Launched in 2024, so the track record is short, and the options structure is built to shape returns rather than pay income.

RSSE Holdings

As of Sep 21, 2026, 5:48 PM
Asset class
Other
Holdings
4
Top-10 weight
103%
Largest holding
2027-09-17 Invesco S&P 500® Equal Weight ETF C 2.1297.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—2027-09-17 Invesco S&P 500® Equal Weight ETF C 2.1297.40%1,492$31M1
002—2027-09-17 Invesco S&P 500® Equal Weight ETF P 212.294.68%1,492$1M1
003—US Dollar1.20%379,202$379K394

Showing 1–3 of 3 holdings

RSSE Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RSSE$11,205
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RSSE $11,205. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RSSE. Periods over one year show the average yearly return.
PeriodRSSE
Year to date+10.2%
1 month−0.9%
3 months+2.8%
1 year+12.0%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RSSE
YearReturn barRSSE
2026 YTD+10.2%
2025+7.8%
2024−0.5%

History from Sep 23, 2024

RSSE in the news

RSSE Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

RSSE Risk

How much the fund’s monthly returns vary, scaled to a year.
6.9%
Annualised · 23 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.75
vs 3-month T-bills · 23 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−11.4%
23 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.43
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RSSE Cost

Expense ratio0.85%
  • The middle half of Other Buffered funds
  • Median 0.85%

2 of the 9 Other Buffered funds charge less.

RSSE costs $85.00 a year on $10,000. The median Other Buffered fund costs $85.00.