BABO vs. RSBY

Last updated Jul 17, 2026

BABO (YieldMax BABA Option Income Strategy ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - BABO is a Derivative Income fund actively managed by YieldMax, while RSBY is a Multistrategy fund actively managed by Return Stacked. Both are actively managed. Over the past year, BABO returned 0.22% vs 18.35% for RSBY. At a correlation of -0.18, they often move in opposite directions. BABO charges 0.99%/yr vs 0.98%/yr for RSBY.

Performance

BABO vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax BABA Option Income Strategy ETF (BABO) and Return Stacked Bonds & Futures Yield ETF (RSBY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BABO achieves a -17.97% return, which is significantly lower than RSBY's 19.01% return.

BABO

• 1D: -0.26%
• 1M: 4.46%
• 6M: -27.57%
• YTD: -17.97%
• 1Y: 0.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSBY

• 1D: -0.19%
• 1M: -0.03%
• 6M: 18.44%
• YTD: 19.01%
• 1Y: 18.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BABO vs. RSBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BABO YieldMax BABA Option Income Strategy ETF	-17.97%	46.84%	-2.05%
RSBY Return Stacked Bonds & Futures Yield ETF	19.01%	-12.98%	-7.79%

Correlation

The correlation between BABO and RSBY is -0.17, 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 (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024	-0.18

Return for Risk

BABO vs. RSBY — Risk / Return Rank

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

BABO

BABO Risk / Return Rank: 10
BABO Sharpe Ratio Rank: 10
BABO Sortino Ratio Rank: 11
BABO Omega Ratio Rank: 10
BABO Calmar Ratio Rank: 10
BABO Martin Ratio Rank: 9

RSBY

RSBY Risk / Return Rank: 56
RSBY Sharpe Ratio Rank: 61
RSBY Sortino Ratio Rank: 62
RSBY Omega Ratio Rank: 56
RSBY Calmar Ratio Rank: 58
RSBY Martin Ratio Rank: 42

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.

BABO vs. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax BABA Option Income Strategy ETF (BABO) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BABO	RSBY	Difference
Sharpe ratio: Return per unit of total volatility	0.01	1.62	-1.61
Sortino ratio: Return per unit of downside risk	0.29	2.34	-2.05
Omega ratio: Gain probability vs. loss probability	1.03	1.28	-0.24
Calmar ratio: Return relative to maximum drawdown	0.01	2.32	-2.31
Martin ratio: Return relative to average drawdown	0.01	5.39	-5.38

BABO vs. RSBY - Sharpe Ratio Comparison

The current BABO Sharpe Ratio is 0.01, which is lower than the RSBY Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of BABO and RSBY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BABO vs. RSBY - Drawdown Comparison

The maximum BABO drawdown since its inception was -42.63%, which is greater than RSBY's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for BABO and RSBY.

Drawdown Indicators

	BABO	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-42.63%	-23.32%	-19.31%
Max Drawdown (1Y) Largest decline over 1 year	-42.63%	-7.95%	-34.68%
Current Drawdown Current decline from peak	-31.09%	-6.07%	-25.02%
Average Drawdown Average peak-to-trough decline	-14.96%	-13.29%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.87%	3.41%	+15.46%

Volatility

BABO vs. RSBY - Volatility Comparison

YieldMax BABA Option Income Strategy ETF (BABO) has a higher volatility of 12.48% compared to Return Stacked Bonds & Futures Yield ETF (RSBY) at 3.17%. This indicates that BABO's price experiences larger fluctuations and is considered to be riskier than RSBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BABO	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.48%	3.17%	+9.31%
Volatility (6M) Calculated over the trailing 6-month period	24.95%	8.39%	+16.56%
Volatility (1Y) Calculated over the trailing 1-year period	36.21%	11.40%	+24.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.93%	13.34%	+23.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.93%	13.34%	+23.59%

BABO vs. RSBY - Expense Ratio Comparison

BABO has a 0.99% expense ratio, which is higher than RSBY's 0.98% expense ratio.

Dividends

BABO vs. RSBY - Dividend Comparison

BABO's dividend yield for the trailing twelve months is around 97.87%, more than RSBY's 1.74% yield.

Position	TTM	2025	2024
BABO YieldMax BABA Option Income Strategy ETF	97.87%	85.50%	20.65%
RSBY Return Stacked Bonds & Futures Yield ETF	1.74%	2.07%	2.29%

Frequently Asked Questions

Can I hold both BABO and RSBY in my portfolio?

BABO and RSBY have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BABO or RSBY?

BABO has higher volatility (12.48%) compared to RSBY (3.17%). In terms of maximum drawdown, BABO dropped -42.63% vs RSBY's -23.32%.

Which ETF is better, BABO or RSBY?

On 1-year performance, RSBY leads with 18.35% vs 0.22% for BABO. On fees, RSBY is cheaper at 0.98% per year. On volatility, RSBY has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BABO or RSBY?

Over the 1-year period, RSBY has performed better with a 18.35% return vs 0.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BABO or RSBY?

RSBY is cheaper with a 0.98% expense ratio, compared with 0.99% for BABO.

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

BABO has the higher dividend yield at 97.87%, compared with 1.74% for RSBY.

What is the main difference between BABO and RSBY?

BABO is categorized as Derivative Income, while RSBY is Multistrategy. They also come from different issuers: YieldMax and Return Stacked. Their fees differ too: 0.99% for BABO and 0.98% for RSBY.

Which has better risk-adjusted returns?

RSBY currently has the higher Sharpe Ratio (1.62 vs 0.01), 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.