RSMR vs. BUFP

Last updated Jun 5, 2026

RSMR (FT Vest U.S. Equity Equal Weight Buffer ETF - March) and BUFP (PGIM Laddered S&P 500 Buffer 12 ETF) are both Defined Outcome funds - RSMR tracks the Invesco S&P 500 Equal Weight ETF Trust (RSP) Price Return while BUFP tracks the S&P 500. Both are passively managed. Over the past year, RSMR returned 14.26% vs 17.46% for BUFP. Their correlation of 0.82 suggests significant overlap in exposure. RSMR charges 0.85%/yr vs 0.50%/yr for BUFP.

Performance

RSMR vs. BUFP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Equal Weight Buffer ETF - March (RSMR) and PGIM Laddered S&P 500 Buffer 12 ETF (BUFP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RSMR having a 6.73% return and BUFP slightly lower at 6.43%.

RSMR

• 1D: 0.26%
• 1M: 1.97%
• YTD: 6.73%
• 6M: 7.55%
• 1Y: 14.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFP

• 1D: 0.19%
• 1M: 1.87%
• YTD: 6.43%
• 6M: 7.23%
• 1Y: 17.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RSMR vs. BUFP - Yearly Performance Comparison

	2026 (YTD)	2025
RSMR FT Vest U.S. Equity Equal Weight Buffer ETF - March	6.73%	8.00%
BUFP PGIM Laddered S&P 500 Buffer 12 ETF	6.43%	12.88%

Correlation

The correlation between RSMR and BUFP is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	0.82

The correlation between RSMR and BUFP has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

Return for Risk

RSMR vs. BUFP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSMR

RSMR Risk / Return Rank: 75
RSMR Sharpe Ratio Rank: 66
RSMR Sortino Ratio Rank: 72
RSMR Omega Ratio Rank: 69
RSMR Calmar Ratio Rank: 82
RSMR Martin Ratio Rank: 85

BUFP

BUFP Risk / Return Rank: 87
BUFP Sharpe Ratio Rank: 86
BUFP Sortino Ratio Rank: 90
BUFP Omega Ratio Rank: 91
BUFP Calmar Ratio Rank: 79
BUFP Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RSMR vs. BUFP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Equal Weight Buffer ETF - March (RSMR) and PGIM Laddered S&P 500 Buffer 12 ETF (BUFP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RSMR	BUFP	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.80	-0.65
Sortino ratio: Return per unit of downside risk	3.19	4.17	-0.98
Omega ratio: Gain probability vs. loss probability	1.41	1.58	-0.18
Calmar ratio: Return relative to maximum drawdown	4.25	3.98	+0.27
Martin ratio: Return relative to average drawdown	17.15	22.25	-5.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSMR vs. BUFP - Sharpe Ratio Comparison

The current RSMR Sharpe Ratio is 2.15, which is comparable to the BUFP Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of RSMR and BUFP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSMR	BUFP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	2.80	-0.65
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	1.41	-0.21

Drawdowns

RSMR vs. BUFP - Drawdown Comparison

The maximum RSMR drawdown since its inception was -9.09%, smaller than the maximum BUFP drawdown of -11.98%. Use the drawdown chart below to compare losses from any high point for RSMR and BUFP.

Drawdown Indicators

	RSMR	BUFP	Difference
Max Drawdown Largest peak-to-trough decline	-9.09%	-11.98%	+2.89%
Max Drawdown (1Y) Largest decline over 1 year	-3.37%	-4.41%	+1.04%
Current Drawdown Current decline from peak	0.00%	-0.03%	+0.03%
Average Drawdown Average peak-to-trough decline	-0.83%	-1.00%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	0.79%	+0.04%

Volatility

RSMR vs. BUFP - Volatility Comparison

FT Vest U.S. Equity Equal Weight Buffer ETF - March (RSMR) has a higher volatility of 1.44% compared to PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) at 0.91%. This indicates that RSMR's price experiences larger fluctuations and is considered to be riskier than BUFP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSMR	BUFP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.44%	0.91%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	4.56%	4.82%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	6.67%	6.26%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.60%	9.48%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.60%	9.48%	+1.12%

RSMR vs. BUFP - Expense Ratio Comparison

RSMR has a 0.85% expense ratio, which is higher than BUFP's 0.50% expense ratio.

Dividends

RSMR vs. BUFP - Dividend Comparison

RSMR has not paid dividends to shareholders, while BUFP's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024
BUFP PGIM Laddered S&P 500 Buffer 12 ETF	0.01%	0.01%	0.02%
RSMR FT Vest U.S. Equity Equal Weight Buffer ETF - March	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSMR and BUFP in my portfolio?

RSMR and BUFP have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSMR or BUFP?

RSMR has higher volatility (1.44%) compared to BUFP (0.91%). In terms of maximum drawdown, RSMR dropped -9.09% vs BUFP's -11.98%.

Which ETF is better, RSMR or BUFP?

On 1-year performance, BUFP leads with 17.46% vs 14.26% for RSMR. On fees, BUFP is cheaper at 0.50% per year. On volatility, BUFP has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSMR or BUFP?

Over the 1-year period, BUFP has performed better with a 17.46% return vs 14.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSMR or BUFP?

BUFP is cheaper with a 0.50% expense ratio, compared with 0.85% for RSMR.

Which ETF pays a higher dividend yield, RSMR or BUFP?

BUFP has the higher dividend yield at 0.01%, compared with 0.00% for RSMR.

What is the main difference between RSMR and BUFP?

RSMR tracks Invesco S&P 500 Equal Weight ETF Trust (RSP) Price Return, while BUFP tracks S&P 500. They also come from different issuers: First Trust and PGIM. Their fees differ too: 0.85% for RSMR and 0.50% for BUFP.

Which has better risk-adjusted returns?

BUFP currently has the higher Sharpe Ratio (2.80 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.