Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

RSP vs RSSE: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, RSP returned +16.0% to RSSE's +12.7%, and RSP charges 0.20% to RSSE's 0.85%.

askIQ about this page

askIQ about RSP and RSSE

Net assets on Oct 27, 2026: $99.8bn for Invesco S&P 500 Equal Weight ETF and $33m for FT Vest U.S. Equity Equal Weight Buffer ETF - September.

At a glance
+16.0%
RSP total return, 1 year
+12.7%
RSSE total return, 1 year
0.20%
RSP expense ratio
0.85%
RSSE expense ratio

Pair scorecard

RSP costs 0.65 points a year less; their one-year returns differ by 3.3 points; RSP is far larger, $99.8bn against $33m.

RSP vs RSSE: Differences, Returns & Fees
MeasureRSPRSSE
Return
Total return, 1 year+16.0%+12.7%
Drawdown
Index fall to the buffer2.4%
Fund price fall to the buffer2.3%
Benchmark
What it tracksS&P 500 Equal Weight IndexRSP
The outcome period
Room to the cap13.9%
Buffer left, in index points10.0% of 10.0%
Days left in the period324
Period endsSep 17, 2027
Cost and size
Expense ratio0.20%0.85%
Net assets, as of Oct 27, 2026$99.8bn$33m
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund2.7%

Method

Risk and return

Oct 4, 2024 to Oct 23, 2026 · 107 weekly returns
RSP RSSE
Return
Total return edge RSP +25.3% +19.2%
Annualized edge RSP +11.6% +8.9%
Price return edge RSP (slight) +21.3% +19.2%
Risk
Volatility edge RSSE 13.3% 8.7%
Max drawdown edge RSSE −15.5% −9.8%
Downside capture 102.9% 67.0%
Beta 1.07 0.64
Risk-adjusted
Sharpe edge RSP (slight) 0.59 0.56
Sortino edge RSP (slight) 0.83 0.78
Treynor 0.098 0.077
Calmar edge RSSE 0.74 0.91
Against the benchmark
Alpha −0.6% a year −0.1% a year
Alpha t-stat −0.57 −0.05
Information ratio 0.02 −0.55
Tracking error 5.4% 5.2%

Each against its own benchmark: RSP against IVV, May 9, 2003 to Oct 23, 2026; RSSE against RSP, Oct 4, 2024 to Oct 23, 2026.

Reading

RSP returned more: +25.3% to +19.2%. RSSE swung less: 8.7% to 13.3%. RSSE fell less at its worst: −9.8% to −15.5%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: RSP vs RSSE: Differences, Returns & Fees
MeasureRSPRSSEEdgeHow it is measured
Return
Total return+25.3%+19.2%RSPPrice change plus distributions, reinvested.
Annualized+11.6%+8.9%RSPTotal return as a yearly rate.
Price return+21.3%+19.2%RSP (slight)Price change alone, distributions left out.
Risk
Volatility13.3%8.7%RSSESpread of weekly returns, annualized. Lower is steadier.
Downside deviation9.4%6.3%RSSELike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−15.5%−9.8%RSSEDeepest fall from a high to the low after it.
Upside capture104.7%55.5%Share of its benchmark's rise caught in the weeks it rose.
Downside capture102.9%67.0%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.070.64Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.920.95Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.590.56RSP (slight)Return above Treasury bills per unit of volatility.
Sortino0.830.78RSP (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.0980.077Return above Treasury bills per unit of beta.
Calmar0.740.91RSSEAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkIVVRSPThe ETF each fund is measured against.
Alpha−0.6% a year−0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.57−0.05Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.8% to +1.5%−2.9% to +2.8%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.02−0.55Return against its benchmark per unit of tracking error.
Tracking error5.4%5.2%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 107 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

RSP Invesco S&P 500 Equal Weight ETF RSSE FT Vest U.S. Equity Equal Weight Buffer ETF - September
Where it sits Stock ETF Buffer ETF
What it is Tracks the S&P 500 equal weight Defined outcome, 10% on RSP
Total return, 1 year +16.0% +12.7%
Its benchmark over the same days +13.7% (IVV) +14.2% (RSP)
Gap to its benchmark +2.3 pts vs IVV −1.5 pts vs RSP
Expense ratio 0.20% 0.85%
Holdings 508 not read by ETFIQ
Net assets, as of Oct 27, 2026 $99.8bn $33m

RSP and RSSE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-DE40C13790

RSP and RSSE do different jobs. What does each one do in a portfolio?

  1. What each follows. RSP follows S&P 500 Equal Weight Index and RSSE follows RSP.
  2. One-year total return. Over 1 year to Oct 28, 2026 RSP returned +16.0% and RSSE +12.7% with distributions reinvested, a gap of 3.3 points.
  3. Cost. RSP charges 0.20% of assets a year and RSSE 0.85%, a gap of 0.65 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

RSP and RSSE flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
RSP

RSP tracks the S&P 500 equal weight. Over the year to Oct 28, 2026 it returned +16.0% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 2.7%.

RSSE

From its price on Oct 28, 2026, the fund can gain about 13.9% more before it reaches its cap. The fund's price can fall 2.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, RSP can fall 2.4% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's RSP level. 324 days remained on Oct 28, 2026. On Sep 17, 2027 the period ends and a new cap is set.

Questions people ask

Are RSP and RSSE in the same category?
RSP is a stock ETF and RSSE is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, RSP or RSSE?
In the year to Oct 28, 2026, with distributions reinvested, RSP returned +16.0% and RSSE +12.7%.
Which is cheaper, RSP or RSSE?
RSP is cheaper, by 0.65 percentage points a year. That is about $65 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, RSP against RSSE, data as of Oct 28, 2026. https://etfiq.com/compare/any/rsp-vs-rsse

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.