ETF Evaluator: FT Vest U.S. Eq Eql Wght Buffr ETF - Sep () Follow This ETF

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep Overview

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep (RSSE) is an actively managed Nontraditional Equity Defined Outcome exchange-traded fund (ETF). First Trust launched the ETF in 2024.

The investment seeks to provide investors with returns (before fees and expenses) that match the price return of the Invesco S&P 500 ® Equal Weight ETF Trust (the " Underlying ETF "), up to a predetermined upside cap of 14.71% while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from September 23, 2024 through September 19, 2025. Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange® Options that reference the price performance of the Invesco S&P 500® Equal Weight ETF Trust. The fund is non-diversified.

About FT Vest U.S. Eq Eql Wght Buffr ETF - Sep (RSSE)

There are 2 members of the management team with an average tenure of 1.71 years: Karan Sood (2024) and Trevor Lack (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has 6 securities in its portfolio. The top 10 holdings constitute 103.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep is part of the Equity global asset class and is within the Nontraditional Equity ETF group. FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.6% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $36 million in total assets, which is below the $183 million average for the Defined Outcome category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RSSE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FT Vest U.S. Eq Eql Wght Buffr ETF - Sep expense ratio is high compared to funds in the Defined Outcome category. FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has an expense ratio of 0.85%, which is 19% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 3% for the Defined Outcome category.

Recently, in the month of July 2026, FT Vest U.S. Eq Eql Wght Buffr ETF - Sep returned 1.0%, which earned it a grade of A, as the Defined Outcome category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep has a trailing yield of 0.00%, which is below the 0.48% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

FT Vest U.S. Eq Eql Wght Buffr ETF - Sep Grades

Year to date, the ETF has returned 9.3%, 3.5 percentage points better than the category, which translates into a grade of A. The fund has returned 13.7% over the past year (grade of B).

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