EWMC vs. RB

Last updated Jun 24, 2026

EWMC (Invesco S&P MidCap 400 GARP ETF) and RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) are both exchange-traded funds - EWMC is a Small Cap Blend Equities fund tracking the S&P MidCap 400 GARP Index, while RB is a Defined Outcome fund tracking the Russell 2000. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. EWMC charges 0.35%/yr vs 0.58%/yr for RB.

Performance

EWMC vs. RB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap 400 GARP ETF (EWMC) and ProShares Russell 2000 Dynamic Daily Buffer ETF (RB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EWMC achieves a 6.14% return, which is significantly lower than RB's 8.33% return.

EWMC

• 1D: 0.27%
• 1M: 0.27%
• YTD: 6.14%
• 6M: 4.64%
• 1Y: 19.85%
• 3Y*: 14.49%
• 5Y*: 7.76%
• 10Y*: 11.23%

RB

• 1D: -0.14%
• 1M: 1.83%
• YTD: 8.33%
• 6M: 8.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EWMC vs. RB - Yearly Performance Comparison

	2026 (YTD)	2025
EWMC Invesco S&P MidCap 400 GARP ETF	6.14%	12.82%
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	8.33%	10.85%

Correlation

The correlation between EWMC and RB is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.66

Return for Risk

EWMC vs. RB — Risk / Return Rank

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

EWMC

EWMC Risk / Return Rank: 43
EWMC Sharpe Ratio Rank: 37
EWMC Sortino Ratio Rank: 38
EWMC Omega Ratio Rank: 33
EWMC Calmar Ratio Rank: 57
EWMC Martin Ratio Rank: 48

RB

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

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.

EWMC vs. RB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap 400 GARP ETF (EWMC) 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.

	EWMC	RB	Difference
Sharpe ratio: Return per unit of total volatility	1.24	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.62	—	—
Martin ratio: Return relative to average drawdown	7.66	—	—

Drawdowns

EWMC vs. RB - Drawdown Comparison

The maximum EWMC drawdown since its inception was -43.12%, which is greater than RB's maximum drawdown of -2.09%. Use the drawdown chart below to compare losses from any high point for EWMC and RB.

Drawdown Indicators

	EWMC	RB	Difference
Max Drawdown Largest peak-to-trough decline	-43.12%	-2.09%	-41.03%
Max Drawdown (1Y) Largest decline over 1 year	-7.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.12%	—	—
Current Drawdown Current decline from peak	-2.49%	-0.14%	-2.35%
Average Drawdown Average peak-to-trough decline	-5.69%	-0.43%	-5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	—	—

Volatility

Volatility by Period

	EWMC	RB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.15%	6.55%	+9.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.88%	6.55%	+14.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.22%	6.55%	+15.67%

EWMC vs. RB - Expense Ratio Comparison

EWMC has a 0.35% expense ratio, which is lower than RB's 0.58% expense ratio.

Dividends

EWMC vs. RB - Dividend Comparison

EWMC's dividend yield for the trailing twelve months is around 0.75%, less than RB's 1.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EWMC Invesco S&P MidCap 400 GARP ETF	0.75%	1.19%	0.95%	0.96%	1.28%	0.92%	1.16%	1.25%	1.50%	1.14%	1.00%	1.43%
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	1.97%	1.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EWMC and RB in my portfolio?

EWMC and RB have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EWMC or RB?

On fees, EWMC is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EWMC or RB?

EWMC is cheaper with a 0.35% expense ratio, compared with 0.58% for RB.

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

RB has the higher dividend yield at 1.97%, compared with 0.75% for EWMC.

What is the main difference between EWMC and RB?

EWMC is categorized as Small Cap Blend Equities, while RB is Defined Outcome. EWMC tracks S&P MidCap 400 GARP Index, while RB tracks Russell 2000. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.35% for EWMC and 0.58% for RB.