IQM vs. RSBY

Last updated Jul 15, 2026

IQM (Franklin Intelligent Machines ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - IQM is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while RSBY is a Multistrategy fund actively managed by Return Stacked. Both are actively managed. Over the past year, IQM returned 47.04% vs 17.98% for RSBY. At a correlation of -0.23, they often move in opposite directions. IQM charges 0.50%/yr vs 0.98%/yr for RSBY.

Performance

IQM vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Intelligent Machines ETF (IQM) 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, IQM achieves a 27.48% return, which is significantly higher than RSBY's 18.74% return.

IQM

• 1D: 2.19%
• 1M: -4.67%
• 6M: 16.81%
• YTD: 27.48%
• 1Y: 47.04%
• 3Y*: 30.36%
• 5Y*: 18.79%
• 10Y*: —

RSBY

• 1D: 0.72%
• 1M: -0.53%
• 6M: 17.67%
• YTD: 18.74%
• 1Y: 17.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQM vs. RSBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IQM Franklin Intelligent Machines ETF	27.48%	30.76%	6.98%
RSBY Return Stacked Bonds & Futures Yield ETF	18.74%	-12.98%	-7.79%

Correlation

The correlation between IQM and RSBY is -0.20, 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	-0.20
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024	-0.23

Return for Risk

IQM vs. RSBY — Risk / Return Rank

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

IQM

IQM Risk / Return Rank: 57
IQM Sharpe Ratio Rank: 50
IQM Sortino Ratio Rank: 44
IQM Omega Ratio Rank: 47
IQM Calmar Ratio Rank: 78
IQM Martin Ratio Rank: 64

RSBY

RSBY Risk / Return Rank: 54
RSBY Sharpe Ratio Rank: 59
RSBY Sortino Ratio Rank: 61
RSBY Omega Ratio Rank: 54
RSBY Calmar Ratio Rank: 56
RSBY Martin Ratio Rank: 41

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.

IQM vs. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) 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.

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.

	IQM	RSBY	Difference
Sharpe ratio: Return per unit of total volatility	1.40	1.58	-0.18
Sortino ratio: Return per unit of downside risk	1.82	2.29	-0.47
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio: Return relative to maximum drawdown	3.21	2.27	+0.94
Martin ratio: Return relative to average drawdown	9.10	5.30	+3.81

IQM vs. RSBY - Sharpe Ratio Comparison

The current IQM Sharpe Ratio is 1.40, which is comparable to the RSBY Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of IQM 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.

Drawdowns

IQM vs. RSBY - Drawdown Comparison

The maximum IQM drawdown since its inception was -44.91%, which is greater than RSBY's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for IQM and RSBY.

Drawdown Indicators

	IQM	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-44.91%	-23.32%	-21.59%
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	-7.95%	-6.76%
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	—	—
Current Drawdown Current decline from peak	-11.52%	-6.28%	-5.24%
Average Drawdown Average peak-to-trough decline	-12.15%	-13.32%	+1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	3.40%	+1.78%

Volatility

IQM vs. RSBY - Volatility Comparison

Franklin Intelligent Machines ETF (IQM) has a higher volatility of 16.19% compared to Return Stacked Bonds & Futures Yield ETF (RSBY) at 3.20%. This indicates that IQM'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

	IQM	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.19%	3.20%	+12.99%
Volatility (6M) Calculated over the trailing 6-month period	28.77%	8.40%	+20.37%
Volatility (1Y) Calculated over the trailing 1-year period	33.72%	11.40%	+22.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.10%	13.36%	+16.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.38%	13.36%	+18.02%

IQM vs. RSBY - Expense Ratio Comparison

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

Dividends

IQM vs. RSBY - Dividend Comparison

IQM has not paid dividends to shareholders, while RSBY's dividend yield for the trailing twelve months is around 1.74%.

Position	TTM	2025	2024	2023	2022	2021	2020
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%
RSBY Return Stacked Bonds & Futures Yield ETF	1.74%	2.07%	2.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQM and RSBY in my portfolio?

IQM and RSBY have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IQM or RSBY?

IQM has higher volatility (16.19%) compared to RSBY (3.20%). In terms of maximum drawdown, IQM dropped -44.91% vs RSBY's -23.32%.

Which ETF is better, IQM or RSBY?

On 1-year performance, IQM leads with 47.04% vs 17.98% for RSBY. On fees, IQM is cheaper at 0.50% per year. On volatility, RSBY has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQM or RSBY?

Over the 1-year period, IQM has performed better with a 47.04% return vs 17.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQM or RSBY?

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

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

RSBY has the higher dividend yield at 1.74%, compared with 0.00% for IQM.

What is the main difference between IQM and RSBY?

IQM is categorized as Large Cap Growth Equities, while RSBY is Multistrategy. They also come from different issuers: Franklin Templeton and Return Stacked. Their fees differ too: 0.50% for IQM and 0.98% for RSBY.

Which has better risk-adjusted returns?

RSBY currently has the higher Sharpe Ratio (1.58 vs 1.40), 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.