497

[DECHERT LETTERHEAD]

September 25, 2013

VIA ELECTRONIC TRANSMISSION

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Re: Russell Exchange Traded Funds Trust

File Nos. 333-160877 and 811-22320

Dear Sir or Madam:

Transmitted herewith on behalf of Russell Exchange Traded Funds Trust (the “Trust”) for filing pursuant to Rule 497(e) under the Securities Act of 1933 are exhibits containing interactive data format risk/return summary information relating to one series of the Trust. The interactive data relates to a supplement filed with the Securities and Exchange Commission on behalf of the Trust pursuant to Rule 497(e) on September 13, 2013.

The Prospectus relating to the series of the Trust was filed July 26, 2013 with the Securities and Exchange Commission via electronic transmission as part of Post-Effective Amendment No. 84 to the Trust’s Registration Statement on Form N-1A.

No fees are required in connection with this filing. Please call me at (617) 728-7171 or John V. O’Hanlon at (617) 728-7111 if you have any questions.

Very truly yours,

/s/ Nicholas S. DiLorenzo

Nicholas S. DiLorenzo

cc: John V. O’Hanlon

Mary Beth Rhoden Albaneze

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	Russell Exchange Traded Funds Trust
Prospectus Date	rr_ProspectusDate	Jul. 29, 2013
Document Creation Date	dei_DocumentCreationDate	Sep. 13, 2013

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Registrant Name

dei_EntityRegistrantName

Russell Exchange Traded Funds Trust

Prospectus Date

rr_ProspectusDate

Jul. 29, 2013

Supplement [Text Block]

retft_SupplementTextBlock

Russell Equity ETF

RUSSELL EXCHANGE TRADED FUNDS TRUST

Supplement dated September 13, 2013 to

PROSPECTUS DATED JULY 29, 2013

RISK/RETURN SUMMARY: The following replaces the Annual Fund Operating Expenses fee table in the sub-section entitled "Fees and Expenses of the Fund" in the Risk/Return Summary section in the Prospectus listed above:

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)*
MANAGEMENT FEES	0.35	%
OTHER EXPENSES	0.00	%
ACQUIRED FUND FEES AND EXPENSES	0.26	%
TOTAL ANNUAL FUND OPERATING EXPENSES**	0.61	%
LESS FEE WAIVERS AND EXPENSE REIMBURSEMENTS***	(0.10	)%
NET ANNUAL FUND OPERATING EXPENSES**	0.51	%

* Through July 31, 2014, Russell Investment Management Company ("RIMCo") has contractually agreed to assume the responsibility for payment of (1) the salaries and other compensation, as such amounts are determined by the Trustees who are not officers, employees, partners, shareholders or members of RIMCo or any of its subsidiaries or affiliates ("Independent Trustees"), and expenses, including travel expenses, of any of Russell Exchange Traded Funds Trust's (the "Trust") executive officers and employees (if any) and Independent Trustees and (2) the fees and expenses, including travel expenses, of legal counsel retained for the benefit of the Independent Trustees.

** "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" have been restated to reflect the Fund's proportionate share of the expenses of the Underlying Funds in which the Fund invests. The Fund's proportionate share of these operating expenses is reflected under "Acquired Fund Fees and Expenses." Shareholders in the Fund indirectly bear the proportionate expenses of the Underlying Funds in which the Fund invests. The Fund's Net Annual Fund Operating Expense ratio in the table is based on the Fund's total direct operating expense ratio plus a weighted average of the expense ratios of the Underlying Funds in which the Fund invests. This Net Annual Fund Operating Expense ratio may be higher or lower depending on the allocation of Fund assets among the Underlying Funds, the actual expenses of the Underlying Funds and the actual expenses of the Fund. "Total Annual Fund Operating Expenses" have been restated to reflect expenses expected to be incurred during the fiscal year ending March 31, 2014.

*** Until July 31, 2014, RIMCo has contractually agreed to waive up to the full amount of its 0.35% management fee to the extent that Total Annual Fund Operating Expenses, excluding extraordinary expenses, exceed 0.51% of the average daily net assets of the Fund on an annual basis. This waiver may not be terminated during the relevant period except with Board approval.

RISK/RETURN SUMMARY: The following replaces the expense example table in the sub-section entitled "Example" in the Risk/Return Summary section in the Prospectus listed above:

RUSSELL EQUITY ETF	1 YEAR	3 YEARS	5 YEARS	10 YEARS
	$52	$185	$330	$753

Russell Equity ETF

Risk/Return:

rr_RiskReturnAbstract

Supplement [Text Block]

retft_SupplementTextBlock

Russell Equity ETF

RUSSELL EXCHANGE TRADED FUNDS TRUST

Supplement dated September 13, 2013 to

PROSPECTUS DATED JULY 29, 2013

RISK/RETURN SUMMARY: The following replaces the Annual Fund Operating Expenses fee table in the sub-section entitled "Fees and Expenses of the Fund" in the Risk/Return Summary section in the Prospectus listed above:

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)*
MANAGEMENT FEES	0.35	%
OTHER EXPENSES	0.00	%
ACQUIRED FUND FEES AND EXPENSES	0.26	%
TOTAL ANNUAL FUND OPERATING EXPENSES**	0.61	%
LESS FEE WAIVERS AND EXPENSE REIMBURSEMENTS***	(0.10	)%
NET ANNUAL FUND OPERATING EXPENSES**	0.51	%

* Through July 31, 2014, Russell Investment Management Company ("RIMCo") has contractually agreed to assume the responsibility for payment of (1) the salaries and other compensation, as such amounts are determined by the Trustees who are not officers, employees, partners, shareholders or members of RIMCo or any of its subsidiaries or affiliates ("Independent Trustees"), and expenses, including travel expenses, of any of Russell Exchange Traded Funds Trust's (the "Trust") executive officers and employees (if any) and Independent Trustees and (2) the fees and expenses, including travel expenses, of legal counsel retained for the benefit of the Independent Trustees.

** "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" have been restated to reflect the Fund's proportionate share of the expenses of the Underlying Funds in which the Fund invests. The Fund's proportionate share of these operating expenses is reflected under "Acquired Fund Fees and Expenses." Shareholders in the Fund indirectly bear the proportionate expenses of the Underlying Funds in which the Fund invests. The Fund's Net Annual Fund Operating Expense ratio in the table is based on the Fund's total direct operating expense ratio plus a weighted average of the expense ratios of the Underlying Funds in which the Fund invests. This Net Annual Fund Operating Expense ratio may be higher or lower depending on the allocation of Fund assets among the Underlying Funds, the actual expenses of the Underlying Funds and the actual expenses of the Fund. "Total Annual Fund Operating Expenses" have been restated to reflect expenses expected to be incurred during the fiscal year ending March 31, 2014.

*** Until July 31, 2014, RIMCo has contractually agreed to waive up to the full amount of its 0.35% management fee to the extent that Total Annual Fund Operating Expenses, excluding extraordinary expenses, exceed 0.51% of the average daily net assets of the Fund on an annual basis. This waiver may not be terminated during the relevant period except with Board approval.

RISK/RETURN SUMMARY: The following replaces the expense example table in the sub-section entitled "Example" in the Risk/Return Summary section in the Prospectus listed above:

RUSSELL EQUITY ETF	1 YEAR	3 YEARS	5 YEARS	10 YEARS
	$52	$185	$330	$753

Operating Expenses Caption [Text]

rr_OperatingExpensesCaption

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of
the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination

rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

July 31, 2014

Expenses Restated to Reflect Current [Text]

rr_ExpensesRestatedToReflectCurrent

"Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" have been restated to reflect the Fund's proportionate share of the expenses of the Underlying Funds in which the Fund invests.

"Total Annual Fund Operating Expenses" have been restated to reflect expenses expected to be incurred during the fiscal year ending March 31, 2014.

Russell Equity ETF | Russell Equity ETF

Risk/Return:

rr_RiskReturnAbstract

MANAGEMENT FEES

rr_ManagementFeesOverAssets

0.35%

^[1]

OTHER EXPENSES

rr_OtherExpensesOverAssets

none

^[1]

ACQUIRED FUND FEES AND EXPENSES

rr_AcquiredFundFeesAndExpensesOverAssets

0.26%

^[1]

TOTAL ANNUAL FUND OPERATING EXPENSES

rr_ExpensesOverAssets

0.61%

^[1],[2]

LESS FEE WAIVERS AND EXPENSE REIMBURSEMENTS

rr_FeeWaiverOrReimbursementOverAssets

(0.10%)

^[1],[3]

NET ANNUAL FUND OPERATING EXPENSES

rr_NetExpensesOverAssets

0.51%

^[1],[2]

1 YEAR

rr_ExpenseExampleYear01

$ 52

3 YEARS

rr_ExpenseExampleYear03

185

5 YEARS

rr_ExpenseExampleYear05

330

10 YEARS

rr_ExpenseExampleYear10

$ 753

[1] Through July 31, 2014, Russell Investment Management Company ("RIMCo") has contractually agreed to assume the responsibility for payment of (1) the salaries and other compensation, as such amounts are determined by the Trustees who are not officers, employees, partners, shareholders or members of RIMCo or any of its subsidiaries or affiliates ("Independent Trustees"), and expenses, including travel expenses, of any of Russell Exchange Traded Funds Trust's (the "Trust") executive officers and employees (if any) and Independent Trustees and (2) the fees and expenses, including travel expenses, of legal counsel retained for the benefit of the Independent Trustees.

[2] "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" have been restated to reflect the Fund's proportionate share of the expenses of the Underlying Funds in which the Fund invests. The Fund's proportionate share of these operating expenses is reflected under "Acquired Fund Fees and Expenses." Shareholders in the Fund indirectly bear the proportionate expenses of the Underlying Funds in which the Fund invests. The Fund's Net Annual Fund Operating Expense ratio in the table is based on the Fund's total direct operating expense ratio plus a weighted average of the expense ratios of the Underlying Funds in which the Fund invests. This Net Annual Fund Operating Expense ratio may be higher or lower depending on the allocation of Fund assets among the Underlying Funds, the actual expenses of the Underlying Funds and the actual expenses of the Fund. "Total Annual Fund Operating Expenses" have been restated to reflect expenses expected to be incurred during the fiscal year ending March 31, 2014.

[3] Until July 31, 2014, RIMCo has contractually agreed to waive up to the full amount of its 0.35% management fee to the extent that Total Annual Fund Operating Expenses, excluding extraordinary expenses, exceed 0.51% of the average daily net assets of the Fund on an annual basis. This waiver may not be terminated during the relevant period except with Board approval.

XML

Russell Equity ETF

RUSSELL EXCHANGE TRADED FUNDS TRUST

Supplement dated September 13, 2013 to

PROSPECTUS DATED JULY 29, 2013

RISK/RETURN SUMMARY: The following replaces the Annual Fund Operating Expenses fee table in the sub-section entitled "Fees and Expenses of the Fund" in the Risk/Return Summary section in the Prospectus listed above:

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)*
MANAGEMENT FEES	0.35	%
OTHER EXPENSES	0.00	%
ACQUIRED FUND FEES AND EXPENSES	0.26	%
TOTAL ANNUAL FUND OPERATING EXPENSES**	0.61	%
LESS FEE WAIVERS AND EXPENSE REIMBURSEMENTS***	(0.10	)%
NET ANNUAL FUND OPERATING EXPENSES**	0.51	%

* Through July 31, 2014, Russell Investment Management Company ("RIMCo") has contractually agreed to assume the responsibility for payment of (1) the salaries and other compensation, as such amounts are determined by the Trustees who are not officers, employees, partners, shareholders or members of RIMCo or any of its subsidiaries or affiliates ("Independent Trustees"), and expenses, including travel expenses, of any of Russell Exchange Traded Funds Trust's (the "Trust") executive officers and employees (if any) and Independent Trustees and (2) the fees and expenses, including travel expenses, of legal counsel retained for the benefit of the Independent Trustees.

** "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" have been restated to reflect the Fund's proportionate share of the expenses of the Underlying Funds in which the Fund invests. The Fund's proportionate share of these operating expenses is reflected under "Acquired Fund Fees and Expenses." Shareholders in the Fund indirectly bear the proportionate expenses of the Underlying Funds in which the Fund invests. The Fund's Net Annual Fund Operating Expense ratio in the table is based on the Fund's total direct operating expense ratio plus a weighted average of the expense ratios of the Underlying Funds in which the Fund invests. This Net Annual Fund Operating Expense ratio may be higher or lower depending on the allocation of Fund assets among the Underlying Funds, the actual expenses of the Underlying Funds and the actual expenses of the Fund. "Total Annual Fund Operating Expenses" have been restated to reflect expenses expected to be incurred during the fiscal year ending March 31, 2014.

*** Until July 31, 2014, RIMCo has contractually agreed to waive up to the full amount of its 0.35% management fee to the extent that Total Annual Fund Operating Expenses, excluding extraordinary expenses, exceed 0.51% of the average daily net assets of the Fund on an annual basis. This waiver may not be terminated during the relevant period except with Board approval.

RISK/RETURN SUMMARY: The following replaces the expense example table in the sub-section entitled "Example" in the Risk/Return Summary section in the Prospectus listed above:

RUSSELL EQUITY ETF	1 YEAR	3 YEARS	5 YEARS	10 YEARS
	$52	$185	$330	$753

XML

Document and Entity Information	12 Months Ended
	Jul. 29, 2013
Risk/Return:
Document Type	Other
Document Period End Date	Mar. 31, 2013
Registrant Name	Russell Exchange Traded Funds Trust
Central Index Key	0001469030
Amendment Flag	false
Document Creation Date	Sep. 13, 2013
Document Effective Date	Sep. 13, 2013
Prospectus Date	Jul. 29, 2013