CTEF vs. RSBY

Last updated Jun 13, 2026

CTEF (Castellan Targeted Equity ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - CTEF is a Mid Cap Blend Equities fund actively managed by Castellan, while RSBY is a Multistrategy fund actively managed by Return Stacked. Both are actively managed. At a correlation of -0.25, they often move in opposite directions. CTEF charges 0.45%/yr vs 0.98%/yr for RSBY.

Performance

CTEF vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Castellan Targeted Equity ETF (CTEF) 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, CTEF achieves a 32.85% return, which is significantly higher than RSBY's 19.37% return.

CTEF

• 1D: 1.34%
• 1M: 9.93%
• YTD: 32.85%
• 6M: 34.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSBY

• 1D: -0.52%
• 1M: 1.10%
• YTD: 19.37%
• 6M: 19.81%
• 1Y: 17.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CTEF vs. RSBY - Yearly Performance Comparison

	2026 (YTD)	2025
CTEF Castellan Targeted Equity ETF	32.85%	33.10%
RSBY Return Stacked Bonds & Futures Yield ETF	19.37%	-3.69%

Correlation

The correlation between CTEF and RSBY is -0.25, 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 Jun 18, 2025	-0.25

Return for Risk

CTEF vs. RSBY — Risk / Return Rank

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

CTEF

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

RSBY

RSBY Risk / Return Rank: 51
RSBY Sharpe Ratio Rank: 54
RSBY Sortino Ratio Rank: 56
RSBY Omega Ratio Rank: 51
RSBY Calmar Ratio Rank: 54
RSBY Martin Ratio Rank: 39

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.

CTEF vs. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Castellan Targeted Equity ETF (CTEF) 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.

	CTEF	RSBY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.62	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.38	—
Martin ratio: Return relative to average drawdown	—	5.52	—

Drawdowns

CTEF vs. RSBY - Drawdown Comparison

The maximum CTEF drawdown since its inception was -15.00%, smaller than the maximum RSBY drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for CTEF and RSBY.

Drawdown Indicators

	CTEF	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-15.00%	-23.32%	+8.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.95%	—
Current Drawdown Current decline from peak	0.00%	-5.78%	+5.78%
Average Drawdown Average peak-to-trough decline	-1.78%	-13.64%	+11.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.42%	—

Volatility

Volatility by Period

	CTEF	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	11.66%	+10.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.30%	13.46%	+8.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.30%	13.46%	+8.84%

CTEF vs. RSBY - Expense Ratio Comparison

CTEF has a 0.45% expense ratio, which is lower than RSBY's 0.98% expense ratio.

Dividends

CTEF vs. RSBY - Dividend Comparison

CTEF's dividend yield for the trailing twelve months is around 0.06%, less than RSBY's 1.73% yield.

Position	TTM	2025	2024
CTEF Castellan Targeted Equity ETF	0.06%	0.08%	0.00%
RSBY Return Stacked Bonds & Futures Yield ETF	1.73%	2.07%	2.29%

Frequently Asked Questions

Can I hold both CTEF and RSBY in my portfolio?

CTEF and RSBY have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CTEF or RSBY?

On fees, CTEF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CTEF or RSBY?

CTEF is cheaper with a 0.45% expense ratio, compared with 0.98% for RSBY.

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

RSBY has the higher dividend yield at 1.73%, compared with 0.06% for CTEF.

What is the main difference between CTEF and RSBY?

CTEF is categorized as Mid Cap Blend Equities, while RSBY is Multistrategy. They also come from different issuers: Castellan and Return Stacked. Their fees differ too: 0.45% for CTEF and 0.98% for RSBY.