Key stats
About FT Vest U.S. Equity Equal Weight Buffer ETF - September
Home page
Inception date
Sep 20, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33740F1856
RSSE uses FLEX options in an effort to moderate losses on the Invesco S&P 500 Equal Weight ETF over a one-year period starting in September 23, 2024. The fund foregoes some upside return as well as the ETF's dividend component, because the options are written on the price (not total) return version of the shares. In exchange for preventing realization of the first 10% of losses on the shares, investors forego upside some participation. The partial downside hedge and upside cap are reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The fund must be held the entire outcome period in an attempt to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, using FLEX options and collateral exclusively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.57%
Cash0.43%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RSSE assets under management is 23.15 M USD. It's fallen 10.63% over the last month.
RSSE fund flows account for 22.38 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, RSSE doesn't pay dividends to its holders.
RSSE shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Sep 20, 2024, and its management style is Active.
RSSE expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
RSSE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RSSE invests in cash.
RSSE price has risen by 3.43% over the last month, and its yearly performance shows a 5.51% increase. See more dynamics on RSSE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 5.12% increase in three-month performance and has increased by 6.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 5.12% increase in three-month performance and has increased by 6.13% in a year.
RSSE trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.