CVSM vs. RB

Last updated Jul 8, 2026

CVSM (CresAlta Small & Mid-Cap ETF) and RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) are both exchange-traded funds - CVSM is a Small Cap Blend Equities fund actively managed by CresAlta, while RB is a Defined Outcome fund tracking the Russell 2000. CVSM is actively managed, while RB is passively managed. At a 0.43 correlation, their price movements are largely independent. CVSM charges 0.55%/yr vs 0.58%/yr for RB.

Performance

CVSM vs. RB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CresAlta Small & Mid-Cap ETF (CVSM) and ProShares Russell 2000 Dynamic Daily Buffer ETF (RB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CVSM

• 1D: -0.20%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RB

• 1D: -0.14%
• 1M: 1.99%
• 6M: 5.95%
• YTD: 7.55%
• 1Y: 18.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CVSM vs. RB - Yearly Performance Comparison

	2026 (YTD)
CVSM CresAlta Small & Mid-Cap ETF	3.84%
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	2.24%

Correlation

The correlation between CVSM and RB is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.43

Return for Risk

CVSM vs. RB — Risk / Return Rank

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

CVSM

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

RB

RB Risk / Return Rank: 95
RB Sharpe Ratio Rank: 94
RB Sortino Ratio Rank: 96
RB Omega Ratio Rank: 95
RB Calmar Ratio Rank: 97
RB Martin Ratio Rank: 96

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.

CVSM vs. RB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CresAlta Small & Mid-Cap ETF (CVSM) and ProShares Russell 2000 Dynamic Daily Buffer ETF (RB). 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.

	CVSM	RB	Difference
Sharpe ratio: Return per unit of total volatility	—	2.80	—
Sortino ratio: Return per unit of downside risk	—	4.74	—
Omega ratio: Gain probability vs. loss probability	—	1.61	—
Calmar ratio: Return relative to maximum drawdown	—	8.77	—
Martin ratio: Return relative to average drawdown	—	28.38	—

Drawdowns

CVSM vs. RB - Drawdown Comparison

The maximum CVSM drawdown since its inception was -3.36%, which is greater than RB's maximum drawdown of -2.09%. Use the drawdown chart below to compare losses from any high point for CVSM and RB.

Drawdown Indicators

	CVSM	RB	Difference
Max Drawdown Largest peak-to-trough decline	-3.36%	-2.09%	-1.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.09%	—
Current Drawdown Current decline from peak	-0.80%	-0.86%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.92%	-0.45%	-0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.64%	—

Volatility

Volatility by Period

	CVSM	RB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	6.55%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.23%	6.50%	+4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.23%	6.50%	+4.73%

CVSM vs. RB - Expense Ratio Comparison

CVSM has a 0.55% expense ratio, which is lower than RB's 0.58% expense ratio.

Dividends

CVSM vs. RB - Dividend Comparison

CVSM's dividend yield for the trailing twelve months is around 0.23%, less than RB's 2.28% yield.

Position	TTM	2025
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	2.28%	1.78%

Frequently Asked Questions

Can I hold both CVSM and RB in my portfolio?

CVSM and RB have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CVSM or RB?

On fees, CVSM is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CVSM or RB?

CVSM is cheaper with a 0.55% expense ratio, compared with 0.58% for RB.

Which ETF pays a higher dividend yield, CVSM or RB?

RB has the higher dividend yield at 2.28%, compared with 0.23% for CVSM.

What is the main difference between CVSM and RB?

CVSM is categorized as Small Cap Blend Equities, while RB is Defined Outcome. They also come from different issuers: CresAlta and ProShares. Their fees differ too: 0.55% for CVSM and 0.58% for RB.