ASMU vs. RSBY

Last updated Jun 6, 2026

ASMU (Direxion Daily ASML Bull 2X ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - ASMU is a Leveraged Equities fund actively managed by Direxion, while RSBY is a Multistrategy fund actively managed by Return Stacked. Both are actively managed. At a correlation of -0.41, they often move in opposite directions. ASMU charges 0.97%/yr vs 0.98%/yr for RSBY.

Performance

ASMU vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily ASML Bull 2X ETF (ASMU) and Return Stacked Bonds & Futures Yield ETF (RSBY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASMU

• 1D: -13.47%
• 1M: 10.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSBY

• 1D: 0.19%
• 1M: -1.29%
• YTD: 19.04%
• 6M: 15.93%
• 1Y: 20.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASMU vs. RSBY - Yearly Performance Comparison

	2026 (YTD)
ASMU Direxion Daily ASML Bull 2X ETF	17.08%
RSBY Return Stacked Bonds & Futures Yield ETF	14.00%

Correlation

The correlation between ASMU and RSBY is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 12, 2026	-0.41

Return for Risk

ASMU vs. RSBY — Risk / Return Rank

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

RSBY

RSBY Risk / Return Rank: 51
RSBY Sharpe Ratio Rank: 53
RSBY Sortino Ratio Rank: 56
RSBY Omega Ratio Rank: 51
RSBY Calmar Ratio Rank: 54
RSBY Martin Ratio Rank: 40

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.

ASMU vs. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ASML Bull 2X ETF (ASMU) and Return Stacked Bonds & Futures Yield ETF (RSBY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ASMU	RSBY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	-0.19	+0.87

Drawdowns

ASMU vs. RSBY - Drawdown Comparison

The maximum ASMU drawdown since its inception was -34.79%, which is greater than RSBY's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for ASMU and RSBY.

Drawdown Indicators

	ASMU	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-34.79%	-23.32%	-11.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.95%	—
Current Drawdown Current decline from peak	-13.47%	-6.04%	-7.43%
Average Drawdown Average peak-to-trough decline	-13.34%	-13.76%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.40%	—

Volatility

Volatility by Period

	ASMU	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	97.32%	11.78%	+85.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.32%	13.53%	+83.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.32%	13.53%	+83.79%

ASMU vs. RSBY - Expense Ratio Comparison

ASMU has a 0.97% expense ratio, which is lower than RSBY's 0.98% expense ratio.

Dividends

ASMU vs. RSBY - Dividend Comparison

ASMU's dividend yield for the trailing twelve months is around 0.17%, less than RSBY's 1.74% yield.

Position	TTM	2025	2024
ASMU Direxion Daily ASML Bull 2X ETF	0.17%	0.00%	0.00%
RSBY Return Stacked Bonds & Futures Yield ETF	1.74%	2.07%	2.29%

Frequently Asked Questions

Can I hold both ASMU and RSBY in my portfolio?

ASMU and RSBY have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASMU or RSBY?

On fees, ASMU is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASMU or RSBY?

ASMU is cheaper with a 0.97% expense ratio, compared with 0.98% for RSBY.

Which ETF pays a higher dividend yield, ASMU or RSBY?

RSBY has the higher dividend yield at 1.74%, compared with 0.17% for ASMU.

What is the main difference between ASMU and RSBY?

ASMU is categorized as Leveraged Equities, while RSBY is Multistrategy. They also come from different issuers: Direxion and Return Stacked. Their fees differ too: 0.97% for ASMU and 0.98% for RSBY.