RB vs. ALIL

Last updated Jul 17, 2026

RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) and ALIL (Argent Focused Small Cap ETF) are both exchange-traded funds - RB is a Defined Outcome fund tracking the Russell 2000, while ALIL is a Small Cap Blend Equities fund actively managed by Argent. RB is passively managed, while ALIL is actively managed. Over the past year, RB returned 18.24% vs 10.18% for ALIL. A 0.69 correlation means they provide meaningful diversification when combined. RB charges 0.58%/yr vs 0.74%/yr for ALIL.

Performance

RB vs. ALIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Russell 2000 Dynamic Daily Buffer ETF (RB) and Argent Focused Small Cap ETF (ALIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RB achieves a 7.90% return, which is significantly lower than ALIL's 8.57% return.

RB

• 1D: -0.15%
• 1M: 1.02%
• 6M: 5.39%
• YTD: 7.90%
• 1Y: 18.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ALIL

• 1D: -0.19%
• 1M: -2.15%
• 6M: 1.49%
• YTD: 8.57%
• 1Y: 10.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RB vs. ALIL - Yearly Performance Comparison

	2026 (YTD)	2025
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	7.90%	10.85%
ALIL Argent Focused Small Cap ETF	8.57%	4.23%

Correlation

The correlation between RB and ALIL is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.69

The correlation between RB and ALIL has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.

Return for Risk

RB vs. ALIL — Risk / Return Rank

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

RB

RB Risk / Return Rank: 96
RB Sharpe Ratio Rank: 94
RB Sortino Ratio Rank: 96
RB Omega Ratio Rank: 95
RB Calmar Ratio Rank: 97
RB Martin Ratio Rank: 96

ALIL

ALIL Risk / Return Rank: 21
ALIL Sharpe Ratio Rank: 19
ALIL Sortino Ratio Rank: 20
ALIL Omega Ratio Rank: 18
ALIL Calmar Ratio Rank: 22
ALIL Martin Ratio Rank: 23

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.

RB vs. ALIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Russell 2000 Dynamic Daily Buffer ETF (RB) and Argent Focused Small Cap ETF (ALIL). 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.

	RB	ALIL	Difference
Sharpe ratio: Return per unit of total volatility	2.79	0.52	+2.27
Sortino ratio: Return per unit of downside risk	4.74	0.91	+3.83
Omega ratio: Gain probability vs. loss probability	1.61	1.10	+0.51
Calmar ratio: Return relative to maximum drawdown	8.77	0.81	+7.95
Martin ratio: Return relative to average drawdown	28.21	2.29	+25.91

RB vs. ALIL - Sharpe Ratio Comparison

The current RB Sharpe Ratio is 2.79, which is higher than the ALIL Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of RB and ALIL, 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

RB vs. ALIL - Drawdown Comparison

The maximum RB drawdown since its inception was -2.09%, smaller than the maximum ALIL drawdown of -12.60%. Use the drawdown chart below to compare losses from any high point for RB and ALIL.

Drawdown Indicators

	RB	ALIL	Difference
Max Drawdown Largest peak-to-trough decline	-2.09%	-12.60%	+10.51%
Max Drawdown (1Y) Largest decline over 1 year	-2.09%	-12.60%	+10.51%
Current Drawdown Current decline from peak	-0.54%	-5.72%	+5.18%
Average Drawdown Average peak-to-trough decline	-0.44%	-3.11%	+2.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	4.45%	-3.80%

Volatility

RB vs. ALIL - Volatility Comparison

The current volatility for ProShares Russell 2000 Dynamic Daily Buffer ETF (RB) is 1.54%, while Argent Focused Small Cap ETF (ALIL) has a volatility of 7.19%. This indicates that RB experiences smaller price fluctuations and is considered to be less risky than ALIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RB	ALIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	7.19%	-5.65%
Volatility (6M) Calculated over the trailing 6-month period	4.74%	15.14%	-10.40%
Volatility (1Y) Calculated over the trailing 1-year period	6.57%	19.62%	-13.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.46%	21.04%	-14.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.46%	21.04%	-14.58%

RB vs. ALIL - Expense Ratio Comparison

RB has a 0.58% expense ratio, which is lower than ALIL's 0.74% expense ratio.

Dividends

RB vs. ALIL - Dividend Comparison

RB's dividend yield for the trailing twelve months is around 2.27%, more than ALIL's 0.43% yield.

Position	TTM	2025
ALIL Argent Focused Small Cap ETF	0.43%	0.47%
RB ProShares Russell 2000 Dynamic Daily Buffer ETF	2.27%	1.78%

Frequently Asked Questions

Can I hold both RB and ALIL in my portfolio?

RB and ALIL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RB or ALIL?

ALIL has higher volatility (7.19%) compared to RB (1.54%). In terms of maximum drawdown, RB dropped -2.09% vs ALIL's -12.60%.

Which ETF is better, RB or ALIL?

On 1-year performance, RB leads with 18.24% vs 10.18% for ALIL. On fees, RB is cheaper at 0.58% per year. On volatility, RB has been the lower-risk option at 1.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RB or ALIL?

Over the 1-year period, RB has performed better with a 18.24% return vs 10.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RB or ALIL?

RB is cheaper with a 0.58% expense ratio, compared with 0.74% for ALIL.

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

RB has the higher dividend yield at 2.27%, compared with 0.43% for ALIL.

What is the main difference between RB and ALIL?

RB is categorized as Defined Outcome, while ALIL is Small Cap Blend Equities. They also come from different issuers: ProShares and Argent. Their fees differ too: 0.58% for RB and 0.74% for ALIL.

Which has better risk-adjusted returns?

RB currently has the higher Sharpe Ratio (2.79 vs 0.52), 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.