RSSE vs SCHD
FT Vest US Equity Equal Weight Buffer ETF - September vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | RSSE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.06% | |
| AUM | $36M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | +10.45% | +25.62% | |
| 1Y Return | +15.76% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 6.8% | 13.6% | |
| Max Drawdown | -11.4% | -33.4% | |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2024 | Oct 20, 2011 |
RSSE vs SCHD Performance
FT Vest US Equity Equal Weight Buffer ETF - September (RSSE) is a ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RSSE returned +15.76% while SCHD returned +32.62%. Year to date, RSSE is up 10.45% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 6.8% for RSSE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.4% for RSSE and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSSE charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, RSSE currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
RSSE and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RSSE or SCHD?
RSSE has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $79 per year of difference.
Which performed better, RSSE or SCHD?
Over the past year RSSE returned +15.76% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), RSSE annualized +9.54% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, RSSE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 6.8% for RSSE. Worst drawdown: RSSE -11.4% vs SCHD -33.4%.
Should I hold both RSSE and SCHD?
RSSE and SCHD have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RSSE and SCHD?
RSSE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, RSSE or SCHD?
RSSE yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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