HYDR vs. RSBY

Last updated Jun 5, 2026

HYDR (Global X Hydrogen ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - HYDR is a Alternative Energy Equities fund tracking the Solactive Global Hydrogen Index - Benchmark TR Net, while RSBY is a Multistrategy fund actively managed by Return Stacked. HYDR is passively managed, while RSBY is actively managed. Over the past year, HYDR returned 232.59% vs 19.48% for RSBY. At a correlation of -0.17, they often move in opposite directions. HYDR charges 0.50%/yr vs 0.98%/yr for RSBY.

Performance

HYDR vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Hydrogen ETF (HYDR) and Return Stacked Bonds & Futures Yield ETF (RSBY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYDR achieves a 101.95% return, which is significantly higher than RSBY's 18.82% return.

HYDR

• 1D: -3.90%
• 1M: 2.47%
• YTD: 101.95%
• 6M: 76.41%
• 1Y: 232.59%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

RSBY

• 1D: -0.14%
• 1M: -2.40%
• YTD: 18.82%
• 6M: 15.13%
• 1Y: 19.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYDR vs. RSBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HYDR Global X Hydrogen ETF	101.95%	43.73%	-7.30%
RSBY Return Stacked Bonds & Futures Yield ETF	18.82%	-12.98%	-7.90%

Correlation

The correlation between HYDR and RSBY is -0.19, 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	-0.19
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	-0.17

HYDR vs. RSBY - Sectors Allocation Comparison

Sectors	HYDR	RSBY
Industrials	84.7%	3.1%
Basic Materials	2.4%	1.1%
Consumer Cyclical	2.3%	12.2%
Technology	0.5%	53.7%
Energy	0.4%	0.6%
Communication Services	-	15.8%
Consumer Defensive	-	7.7%
Financial Services	-	0.2%
Healthcare	-	4.2%
Real Estate	-	0.1%
Utilities	-	1.4%

Return for Risk

HYDR vs. RSBY — Risk / Return Rank

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

HYDR

HYDR Risk / Return Rank: 91
HYDR Sharpe Ratio Rank: 96
HYDR Sortino Ratio Rank: 92
HYDR Omega Ratio Rank: 85
HYDR Calmar Ratio Rank: 95
HYDR Martin Ratio Rank: 87

RSBY

RSBY Risk / Return Rank: 47
RSBY Sharpe Ratio Rank: 48
RSBY Sortino Ratio Rank: 50
RSBY Omega Ratio Rank: 46
RSBY Calmar Ratio Rank: 50
RSBY Martin Ratio Rank: 38

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.

HYDR vs. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) and Return Stacked Bonds & Futures Yield ETF (RSBY). 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.

	HYDR	RSBY	Difference
Sharpe ratio: Return per unit of total volatility	4.32	1.66	+2.66
Sortino ratio: Return per unit of downside risk	4.37	2.43	+1.94
Omega ratio: Gain probability vs. loss probability	1.52	1.29	+0.23
Calmar ratio: Return relative to maximum drawdown	7.87	2.46	+5.41
Martin ratio: Return relative to average drawdown	18.50	5.76	+12.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYDR vs. RSBY - Sharpe Ratio Comparison

The current HYDR Sharpe Ratio is 4.32, which is higher than the RSBY Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of HYDR and RSBY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYDR	RSBY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.32	1.66	+2.66
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	-0.20	-0.04

Drawdowns

HYDR vs. RSBY - Drawdown Comparison

The maximum HYDR drawdown since its inception was -89.28%, which is greater than RSBY's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for HYDR and RSBY.

Drawdown Indicators

	HYDR	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-89.28%	-23.32%	-65.96%
Max Drawdown (1Y) Largest decline over 1 year	-29.76%	-7.95%	-21.81%
Max Drawdown (3Y) Largest decline over 3 years	-70.32%	—	—
Current Drawdown Current decline from peak	-53.63%	-6.22%	-47.41%
Average Drawdown Average peak-to-trough decline	-64.20%	-13.77%	-50.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.64%	3.39%	+9.25%

Volatility

HYDR vs. RSBY - Volatility Comparison

Global X Hydrogen ETF (HYDR) has a higher volatility of 18.28% compared to Return Stacked Bonds & Futures Yield ETF (RSBY) at 2.10%. This indicates that HYDR's price experiences larger fluctuations and is considered to be riskier than RSBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYDR	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.28%	2.10%	+16.18%
Volatility (6M) Calculated over the trailing 6-month period	35.72%	8.52%	+27.20%
Volatility (1Y) Calculated over the trailing 1-year period	54.22%	11.80%	+42.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	13.54%	+33.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	13.54%	+33.70%

HYDR vs. RSBY - Expense Ratio Comparison

HYDR has a 0.50% expense ratio, which is lower than RSBY's 0.98% expense ratio.

Dividends

HYDR vs. RSBY - Dividend Comparison

HYDR's dividend yield for the trailing twelve months is around 1.89%, more than RSBY's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	1.89%	3.82%	0.40%	0.00%	0.00%	0.06%
RSBY Return Stacked Bonds & Futures Yield ETF	1.74%	2.07%	2.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYDR and RSBY in my portfolio?

HYDR and RSBY have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYDR or RSBY?

HYDR has higher volatility (18.28%) compared to RSBY (2.10%). In terms of maximum drawdown, HYDR dropped -89.28% vs RSBY's -23.32%.

Which ETF is better, HYDR or RSBY?

On 1-year performance, HYDR leads with 232.59% vs 19.48% for RSBY. On fees, HYDR is cheaper at 0.50% per year. On volatility, RSBY has been the lower-risk option at 2.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HYDR or RSBY?

Over the 1-year period, HYDR has performed better with a 232.59% return vs 19.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HYDR or RSBY?

HYDR is cheaper with a 0.50% expense ratio, compared with 0.98% for RSBY.

Which ETF pays a higher dividend yield, HYDR or RSBY?

HYDR has the higher dividend yield at 1.89%, compared with 1.74% for RSBY.

What is the main difference between HYDR and RSBY?

HYDR is categorized as Alternative Energy Equities, while RSBY is Multistrategy. They also come from different issuers: Global X and Return Stacked. Their fees differ too: 0.50% for HYDR and 0.98% for RSBY.

Which has better risk-adjusted returns?

HYDR currently has the higher Sharpe Ratio (4.32 vs 1.66), 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.