DUSA vs. RBIL

Last updated Jun 23, 2026

DUSA (Davis Select U.S. Equity ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - DUSA is a Large Cap Blend Equities fund actively managed by Davis Advisers, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. DUSA is actively managed, while RBIL is passively managed. Over the past year, DUSA returned 26.38% vs 3.95% for RBIL. At a correlation of -0.08, they often move in opposite directions. DUSA charges 0.62%/yr vs 0.17%/yr for RBIL.

Performance

DUSA vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davis Select U.S. Equity ETF (DUSA) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUSA achieves a 9.06% return, which is significantly higher than RBIL's 2.31% return.

DUSA

• 1D: -0.18%
• 1M: -0.29%
• YTD: 9.06%
• 6M: 8.90%
• 1Y: 26.38%
• 3Y*: 23.29%
• 5Y*: 11.45%
• 10Y*: —

RBIL

• 1D: -0.05%
• 1M: -0.20%
• YTD: 2.31%
• 6M: 2.35%
• 1Y: 3.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUSA vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
DUSA Davis Select U.S. Equity ETF	9.06%	14.75%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.31%	2.85%

Correlation

The correlation between DUSA and RBIL is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.08

Return for Risk

DUSA vs. RBIL — Risk / Return Rank

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

DUSA

DUSA Risk / Return Rank: 66
DUSA Sharpe Ratio Rank: 65
DUSA Sortino Ratio Rank: 64
DUSA Omega Ratio Rank: 62
DUSA Calmar Ratio Rank: 72
DUSA Martin Ratio Rank: 67

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 97
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 95
RBIL Martin Ratio Rank: 97

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.

DUSA vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davis Select U.S. Equity ETF (DUSA) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

	DUSA	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	2.08	4.18	-2.11
Sortino ratio: Return per unit of downside risk	2.85	6.39	-3.53
Omega ratio: Gain probability vs. loss probability	1.36	2.06	-0.70
Calmar ratio: Return relative to maximum drawdown	3.49	7.59	-4.09
Martin ratio: Return relative to average drawdown	11.86	44.07	-32.22

DUSA vs. RBIL - Sharpe Ratio Comparison

The current DUSA Sharpe Ratio is 2.08, which is lower than the RBIL Sharpe Ratio of 4.18. The chart below compares the historical Sharpe Ratios of DUSA and RBIL, 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

DUSA vs. RBIL - Drawdown Comparison

The maximum DUSA drawdown since its inception was -36.71%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for DUSA and RBIL.

Drawdown Indicators

	DUSA	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-36.71%	-0.52%	-36.19%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-0.52%	-7.07%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	—	—
Current Drawdown Current decline from peak	-1.47%	-0.51%	-0.96%
Average Drawdown Average peak-to-trough decline	-6.70%	-0.07%	-6.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	0.09%	+2.14%

Volatility

DUSA vs. RBIL - Volatility Comparison

Davis Select U.S. Equity ETF (DUSA) has a higher volatility of 3.24% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that DUSA's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUSA	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	0.36%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	8.47%	0.85%	+7.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	0.95%	+11.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.63%	1.07%	+17.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.82%	1.07%	+18.75%

DUSA vs. RBIL - Expense Ratio Comparison

DUSA has a 0.62% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

DUSA vs. RBIL - Dividend Comparison

DUSA's dividend yield for the trailing twelve months is around 0.88%, less than RBIL's 4.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSA Davis Select U.S. Equity ETF	0.88%	0.96%	0.85%	3.38%	1.21%	1.12%	0.51%	1.12%	2.77%	0.68%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUSA and RBIL in my portfolio?

DUSA and RBIL have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUSA or RBIL?

DUSA has higher volatility (3.24%) compared to RBIL (0.36%). In terms of maximum drawdown, DUSA dropped -36.71% vs RBIL's -0.52%.

Which ETF is better, DUSA or RBIL?

On 1-year performance, DUSA leads with 26.38% vs 3.95% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUSA or RBIL?

Over the 1-year period, DUSA has performed better with a 26.38% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUSA or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.62% for DUSA.

Which ETF pays a higher dividend yield, DUSA or RBIL?

RBIL has the higher dividend yield at 4.38%, compared with 0.88% for DUSA.

What is the main difference between DUSA and RBIL?

DUSA is categorized as Large Cap Blend Equities, while RBIL is Inflation-Protected Bonds. They also come from different issuers: Davis Advisers and F/m. Their fees differ too: 0.62% for DUSA and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.18 vs 2.08), 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.