BBB vs. RAA

Last updated Jun 4, 2026

BBB (CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF) and RAA (SMI 3Fourteen REAL Asset Allocation ETF) are both Diversified Portfolio funds. BBB is passively managed, while RAA is actively managed. Over the past year, BBB returned 6.63% vs 24.53% for RAA. Their correlation of 0.83 suggests significant overlap in exposure. BBB charges 0.98%/yr vs 0.85%/yr for RAA.

Performance

BBB vs. RAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) and SMI 3Fourteen REAL Asset Allocation ETF (RAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBB achieves a 0.99% return, which is significantly lower than RAA's 11.05% return.

BBB

• 1D: -1.05%
• 1M: -0.85%
• YTD: 0.99%
• 6M: -0.49%
• 1Y: 6.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RAA

• 1D: -0.40%
• 1M: 3.67%
• YTD: 11.05%
• 6M: 11.04%
• 1Y: 24.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBB vs. RAA - Yearly Performance Comparison

	2026 (YTD)	2025
BBB CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF	0.99%	11.93%
RAA SMI 3Fourteen REAL Asset Allocation ETF	11.05%	12.12%

Correlation

The correlation between BBB and RAA is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.83

The correlation between BBB and RAA has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

Return for Risk

BBB vs. RAA — Risk / Return Rank

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

BBB

BBB Risk / Return Rank: 14
BBB Sharpe Ratio Rank: 15
BBB Sortino Ratio Rank: 15
BBB Omega Ratio Rank: 15
BBB Calmar Ratio Rank: 14
BBB Martin Ratio Rank: 14

RAA

RAA Risk / Return Rank: 81
RAA Sharpe Ratio Rank: 80
RAA Sortino Ratio Rank: 80
RAA Omega Ratio Rank: 80
RAA Calmar Ratio Rank: 80
RAA Martin Ratio Rank: 83

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.

BBB vs. RAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) and SMI 3Fourteen REAL Asset Allocation ETF (RAA). 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.

	BBB	RAA	Difference
Sharpe ratio: Return per unit of total volatility	0.38	2.60	-2.22
Sortino ratio: Return per unit of downside risk	0.64	3.57	-2.93
Omega ratio: Gain probability vs. loss probability	1.08	1.48	-0.40
Calmar ratio: Return relative to maximum drawdown	0.38	4.17	-3.79
Martin ratio: Return relative to average drawdown	0.96	16.80	-15.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBB vs. RAA - Sharpe Ratio Comparison

The current BBB Sharpe Ratio is 0.38, which is lower than the RAA Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of BBB and RAA, 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

	BBB	RAA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	2.60	-2.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	1.49	-0.61

Drawdowns

BBB vs. RAA - Drawdown Comparison

The maximum BBB drawdown since its inception was -21.98%, which is greater than RAA's maximum drawdown of -11.80%. Use the drawdown chart below to compare losses from any high point for BBB and RAA.

Drawdown Indicators

	BBB	RAA	Difference
Max Drawdown Largest peak-to-trough decline	-21.98%	-11.80%	-10.18%
Max Drawdown (1Y) Largest decline over 1 year	-17.74%	-5.91%	-11.83%
Current Drawdown Current decline from peak	-6.16%	-0.40%	-5.76%
Average Drawdown Average peak-to-trough decline	-4.39%	-1.41%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.94%	1.46%	+5.48%

Volatility

BBB vs. RAA - Volatility Comparison

CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) has a higher volatility of 3.73% compared to SMI 3Fourteen REAL Asset Allocation ETF (RAA) at 2.92%. This indicates that BBB's price experiences larger fluctuations and is considered to be riskier than RAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBB	RAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	2.92%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	13.12%	7.44%	+5.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.54%	9.49%	+8.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	12.71%	+9.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.02%	12.71%	+9.31%

BBB vs. RAA - Expense Ratio Comparison

BBB has a 0.98% expense ratio, which is higher than RAA's 0.85% expense ratio.

Dividends

BBB vs. RAA - Dividend Comparison

BBB's dividend yield for the trailing twelve months is around 0.21%, less than RAA's 2.10% yield.

Position	TTM	2025	2024
BBB CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF	0.21%	0.21%	6.74%
RAA SMI 3Fourteen REAL Asset Allocation ETF	2.10%	2.14%	0.00%

Frequently Asked Questions

Can I hold both BBB and RAA in my portfolio?

BBB and RAA have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBB or RAA?

BBB has higher volatility (3.73%) compared to RAA (2.92%). In terms of maximum drawdown, BBB dropped -21.98% vs RAA's -11.80%.

Which ETF is better, BBB or RAA?

On 1-year performance, RAA leads with 24.53% vs 6.63% for BBB. On fees, RAA is cheaper at 0.85% per year. On volatility, RAA has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBB or RAA?

Over the 1-year period, RAA has performed better with a 24.53% return vs 6.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBB or RAA?

RAA is cheaper with a 0.85% expense ratio, compared with 0.98% for BBB.

Which ETF pays a higher dividend yield, BBB or RAA?

RAA has the higher dividend yield at 2.10%, compared with 0.21% for BBB.

What is the main difference between BBB and RAA?

They also come from different issuers: CYBER HORNET and SMI Advisory Services. Their fees differ too: 0.98% for BBB and 0.85% for RAA.

Which has better risk-adjusted returns?

RAA currently has the higher Sharpe Ratio (2.60 vs 0.38), 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.