DWSH vs. RNIN
DWSH (AdvisorShares Dorsey Wright Short ETF) and RNIN (Bushido Capital US SMID Cap Equity ETF) are both exchange-traded funds - DWSH is a Inverse Equities fund actively managed by AdvisorShares, while RNIN is a Mid Cap Value Equities fund actively managed by Bushido. Both are actively managed. Over the past year, DWSH returned -10.40% vs 28.56% for RNIN. At a correlation of -0.82, they often move in opposite directions. DWSH charges 3.67%/yr vs 0.68%/yr for RNIN.
Performance
DWSH vs. RNIN - Performance Comparison
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Returns By Period
In the year-to-date period, DWSH achieves a 0.85% return, which is significantly lower than RNIN's 15.93% return.
DWSH
- 1D
- 2.36%
- 1M
- 0.62%
- YTD
- 0.85%
- 6M
- 1.07%
- 1Y
- -10.40%
- 3Y*
- -4.14%
- 5Y*
- -1.61%
- 10Y*
- —
RNIN
- 1D
- -1.25%
- 1M
- 1.27%
- YTD
- 15.93%
- 6M
- 14.64%
- 1Y
- 28.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DWSH vs. RNIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DWSH AdvisorShares Dorsey Wright Short ETF | 0.85% | -9.88% |
RNIN Bushido Capital US SMID Cap Equity ETF | 15.93% | 10.27% |
Correlation
The correlation between DWSH and RNIN is -0.82, 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 | -0.82 |
Correlation (All Time) Calculated using the full available price history since May 16, 2025 | -0.82 |
The correlation between DWSH and RNIN has been stable across timeframes, ranging from -0.82 to -0.82 - a consistent structural relationship.
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Return for Risk
DWSH vs. RNIN — Risk / Return Rank
DWSH
RNIN
DWSH vs. RNIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright Short ETF (DWSH) and Bushido Capital US SMID Cap Equity ETF (RNIN). 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.
| DWSH | RNIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -3.37 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.34 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 5.04 | -5.62 |
| Martin ratioReturn relative to average drawdown | -0.88 | 17.82 | -18.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DWSH | RNIN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 1.93 | -2.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.43 | 1.78 | -2.20 |
Drawdowns
DWSH vs. RNIN - Drawdown Comparison
The maximum DWSH drawdown since its inception was -82.73%, which is greater than RNIN's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for DWSH and RNIN.
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Drawdown Indicators
| DWSH | RNIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.73% | -5.70% | -77.03% |
Max Drawdown (1Y)Largest decline over 1 year | -18.08% | -5.70% | -12.38% |
Max Drawdown (3Y)Largest decline over 3 years | -29.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.87% | — | — |
Current DrawdownCurrent decline from peak | -81.25% | -2.55% | -78.70% |
Average DrawdownAverage peak-to-trough decline | -63.61% | -1.24% | -62.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.82% | 1.61% | +10.21% |
Volatility
DWSH vs. RNIN - Volatility Comparison
AdvisorShares Dorsey Wright Short ETF (DWSH) has a higher volatility of 6.08% compared to Bushido Capital US SMID Cap Equity ETF (RNIN) at 4.94%. This indicates that DWSH's price experiences larger fluctuations and is considered to be riskier than RNIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWSH | RNIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 4.94% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.93% | 10.50% | +3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.19% | 14.87% | +6.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.93% | 14.97% | +10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.22% | 14.97% | +16.25% |
DWSH vs. RNIN - Expense Ratio Comparison
DWSH has a 3.67% expense ratio, which is higher than RNIN's 0.68% expense ratio.
Dividends
DWSH vs. RNIN - Dividend Comparison
DWSH's dividend yield for the trailing twelve months is around 6.26%, more than RNIN's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DWSH AdvisorShares Dorsey Wright Short ETF | 6.26% | 6.31% | 6.17% | 10.28% | 0.00% | 0.00% | 0.00% | 0.14% | 0.12% |
RNIN Bushido Capital US SMID Cap Equity ETF | 0.76% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DWSH and RNIN have a correlation of -0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DWSH has higher volatility (6.08%) compared to RNIN (4.94%). In terms of maximum drawdown, DWSH dropped -82.73% vs RNIN's -5.70%.
On 1-year performance, RNIN leads with 28.56% vs -10.40% for DWSH. On fees, RNIN is cheaper at 0.68% per year. On volatility, RNIN has been the lower-risk option at 4.94%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RNIN has performed better with a 28.56% return vs -10.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RNIN is cheaper with a 0.68% expense ratio, compared with 3.67% for DWSH.
DWSH has the higher dividend yield at 6.26%, compared with 0.76% for RNIN.
DWSH is categorized as Inverse Equities, while RNIN is Mid Cap Value Equities. They also come from different issuers: AdvisorShares and Bushido. Their fees differ too: 3.67% for DWSH and 0.68% for RNIN.
RNIN currently has the higher Sharpe Ratio (1.93 vs -0.50), 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.
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