GXDW vs. RSST

Last updated Jun 24, 2026

GXDW (Global X Dorsey Wright Thematic ETF) and RSST (Return Stacked U.S. Stocks & Managed Futures ETF) are both exchange-traded funds - GXDW is a Systematic Trend fund tracking the Nasdaq Dorsey Wright Thematic Rotation Total Return Index, while RSST is a Large Cap Blend Equities fund actively managed by Return Stacked. GXDW is passively managed, while RSST is actively managed. Over the past year, GXDW returned 9.86% vs 46.58% for RSST. A 0.58 correlation means they provide meaningful diversification when combined. GXDW charges 0.50%/yr vs 0.99%/yr for RSST.

Performance

GXDW vs. RSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Dorsey Wright Thematic ETF (GXDW) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GXDW having a 13.19% return and RSST slightly higher at 13.30%.

GXDW

• 1D: -4.79%
• 1M: -7.53%
• YTD: 13.19%
• 6M: 9.90%
• 1Y: 9.86%
• 3Y*: 2.83%
• 5Y*: -10.83%
• 10Y*: —

RSST

• 1D: -2.52%
• 1M: -4.55%
• YTD: 13.30%
• 6M: 11.00%
• 1Y: 46.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXDW vs. RSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GXDW Global X Dorsey Wright Thematic ETF	13.19%	3.52%	-3.55%	-2.24%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	13.30%	19.91%	18.37%	1.58%

Correlation

The correlation between GXDW and RSST is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Sep 6, 2023	0.58

The correlation between GXDW and RSST shifts across timeframes, from 0.58 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GXDW vs. RSST — Risk / Return Rank

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

GXDW

GXDW Risk / Return Rank: 14
GXDW Sharpe Ratio Rank: 14
GXDW Sortino Ratio Rank: 14
GXDW Omega Ratio Rank: 14
GXDW Calmar Ratio Rank: 13
GXDW Martin Ratio Rank: 13

RSST

RSST Risk / Return Rank: 65
RSST Sharpe Ratio Rank: 63
RSST Sortino Ratio Rank: 51
RSST Omega Ratio Rank: 57
RSST Calmar Ratio Rank: 80
RSST Martin Ratio Rank: 72

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.

GXDW vs. RSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dorsey Wright Thematic ETF (GXDW) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). 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.

	GXDW	RSST	Difference
Sharpe ratio: Return per unit of total volatility	0.35	1.98	-1.64
Sortino ratio: Return per unit of downside risk	0.65	2.39	-1.74
Omega ratio: Gain probability vs. loss probability	1.09	1.34	-0.25
Calmar ratio: Return relative to maximum drawdown	0.40	4.00	-3.60
Martin ratio: Return relative to average drawdown	0.93	12.94	-12.01

GXDW vs. RSST - Sharpe Ratio Comparison

The current GXDW Sharpe Ratio is 0.35, which is lower than the RSST Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of GXDW and RSST, 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

GXDW vs. RSST - Drawdown Comparison

The maximum GXDW drawdown since its inception was -67.81%, which is greater than RSST's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for GXDW and RSST.

Drawdown Indicators

	GXDW	RSST	Difference
Max Drawdown Largest peak-to-trough decline	-67.81%	-30.80%	-37.01%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-11.71%	-12.94%
Max Drawdown (3Y) Largest decline over 3 years	-31.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.17%	—	—
Current Drawdown Current decline from peak	-55.26%	-7.59%	-47.67%
Average Drawdown Average peak-to-trough decline	-43.15%	-6.02%	-37.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.60%	3.61%	+6.99%

Volatility

GXDW vs. RSST - Volatility Comparison

Global X Dorsey Wright Thematic ETF (GXDW) has a higher volatility of 13.77% compared to Return Stacked U.S. Stocks & Managed Futures ETF (RSST) at 9.44%. This indicates that GXDW's price experiences larger fluctuations and is considered to be riskier than RSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GXDW	RSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.77%	9.44%	+4.33%
Volatility (6M) Calculated over the trailing 6-month period	22.56%	17.32%	+5.24%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	23.60%	+4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.18%	24.50%	+3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.87%	24.50%	+5.37%

GXDW vs. RSST - Expense Ratio Comparison

GXDW has a 0.50% expense ratio, which is lower than RSST's 0.99% expense ratio.

Dividends

GXDW vs. RSST - Dividend Comparison

GXDW's dividend yield for the trailing twelve months is around 1.24%, more than RSST's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GXDW Global X Dorsey Wright Thematic ETF	1.24%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	0.99%	1.12%	0.09%	0.93%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXDW and RSST in my portfolio?

GXDW and RSST have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXDW or RSST?

GXDW has higher volatility (13.77%) compared to RSST (9.44%). In terms of maximum drawdown, GXDW dropped -67.81% vs RSST's -30.80%.

Which ETF is better, GXDW or RSST?

On 1-year performance, RSST leads with 46.58% vs 9.86% for GXDW. On fees, GXDW is cheaper at 0.50% per year. On volatility, RSST has been the lower-risk option at 9.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXDW or RSST?

Over the 1-year period, RSST has performed better with a 46.58% return vs 9.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXDW or RSST?

GXDW is cheaper with a 0.50% expense ratio, compared with 0.99% for RSST.

Which ETF pays a higher dividend yield, GXDW or RSST?

GXDW has the higher dividend yield at 1.24%, compared with 0.99% for RSST.

What is the main difference between GXDW and RSST?

GXDW is categorized as Systematic Trend, while RSST is Large Cap Blend Equities. They also come from different issuers: Global X and Return Stacked. Their fees differ too: 0.50% for GXDW and 0.99% for RSST.

Which has better risk-adjusted returns?

RSST currently has the higher Sharpe Ratio (1.98 vs 0.35), 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.