RGEF vs. SHEH

Last updated Aug 2, 2026

RGEF (Rockefeller Global Equity ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - RGEF is a Global Equities fund actively managed by Rockefeller, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. RGEF is actively managed, while SHEH is passively managed. Over the past year, RGEF returned 25.84% vs 28.64% for SHEH. Their -0.06 correlation means they have often moved in opposite directions in the past. RGEF charges 0.55%/yr vs 0.19%/yr for SHEH.

Performance

RGEF vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rockefeller Global Equity ETF (RGEF) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGEF achieves a 13.49% return, which is significantly lower than SHEH's 25.94% return.

RGEF

• 1D: 0.96%
• 1M: 0.16%
• 6M: 8.95%
• YTD: 13.49%
• 1Y: 25.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.32%

SHEH

• 1D: 1.60%
• 1M: 16.32%
• 6M: 22.14%
• YTD: 25.94%
• 1Y: 28.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RGEF Rockefeller Global Equity ETF	$324.99K	$333.68K	$285.17K
SHEH Shell plc ADRhedged ETF	$787.46K	$653.61K	$317.20K

RGEF vs. SHEH - Yearly Performance Comparison

	2026 (YTD)	2025
RGEF Rockefeller Global Equity ETF	13.49%	27.69%
SHEH Shell plc ADRhedged ETF	25.94%	12.63%

Correlation

The correlation between RGEF and SHEH is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.06

Return for Risk

RGEF vs. SHEH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RGEF

RGEF Risk / Return Rank: 69
RGEF Sharpe Ratio Rank: 67
RGEF Sortino Ratio Rank: 67
RGEF Omega Ratio Rank: 63
RGEF Calmar Ratio Rank: 69
RGEF Martin Ratio Rank: 78

SHEH

SHEH Risk / Return Rank: 48
SHEH Sharpe Ratio Rank: 55
SHEH Sortino Ratio Rank: 52
SHEH Omega Ratio Rank: 51
SHEH Calmar Ratio Rank: 44
SHEH Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RGEF vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rockefeller Global Equity ETF (RGEF) and Shell plc ADRhedged ETF (SHEH). 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.

	RGEF	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.34	+0.22
Sortino ratio: Return per unit of downside risk	2.22	1.87	+0.35
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio: Return relative to maximum drawdown	2.43	1.60	+0.83
Martin ratio: Return relative to average drawdown	10.17	4.36	+5.81

RGEF vs. SHEH - Sharpe Ratio Comparison

The current RGEF Sharpe Ratio is 1.56, which is comparable to the SHEH Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of RGEF and SHEH, 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

RGEF vs. SHEH - Drawdown Comparison

The maximum RGEF drawdown since its inception was -16.01%, smaller than the maximum SHEH drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for RGEF and SHEH.

Drawdown Indicators

	RGEF	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-16.01%	-17.53%	+1.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-17.53%	+7.58%
Current Drawdown Current decline from peak	-1.39%	-2.90%	+1.51%
Average Drawdown Average peak-to-trough decline	-1.79%	-4.14%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	6.41%	-4.04%

Volatility

RGEF vs. SHEH - Volatility Comparison

The current volatility for Rockefeller Global Equity ETF (RGEF) is 5.08%, while Shell plc ADRhedged ETF (SHEH) has a volatility of 6.72%. This indicates that RGEF experiences smaller price fluctuations and is considered to be less risky than SHEH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGEF	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	6.72%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	13.07%	17.32%	-4.25%
Volatility (1Y) Calculated over the trailing 1-year period	15.48%	20.97%	-5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.11%	20.55%	-3.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.11%	20.55%	-3.44%

RGEF vs. SHEH - Expense Ratio Comparison

RGEF has a 0.55% expense ratio, which is higher than SHEH's 0.19% expense ratio.

Dividends

RGEF vs. SHEH - Dividend Comparison

RGEF's dividend yield for the trailing twelve months is around 0.96%, less than SHEH's 1.84% yield.

Position	TTM	2025	2024
RGEF Rockefeller Global Equity ETF	0.96%	0.92%	0.29%
SHEH Shell plc ADRhedged ETF	1.84%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RGEF and SHEH in my portfolio?

RGEF and SHEH have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGEF or SHEH?

SHEH has higher volatility (6.72%) compared to RGEF (5.08%). In terms of maximum drawdown, RGEF dropped -16.01% vs SHEH's -17.53%.

Which ETF is better, RGEF or SHEH?

On 1-year performance, SHEH leads with 28.64% vs 25.84% for RGEF. On fees, SHEH is cheaper at 0.19% per year. On volatility, RGEF has been the lower-risk option at 5.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RGEF or SHEH?

Over the 1-year period, SHEH has performed better with a 28.64% return vs 25.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RGEF or SHEH?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.55% for RGEF.

Which ETF pays a higher dividend yield, RGEF or SHEH?

SHEH has the higher dividend yield at 1.84%, compared with 0.96% for RGEF.

What is the main difference between RGEF and SHEH?

RGEF is categorized as Global Equities, while SHEH is Energy Equities. They also come from different issuers: Rockefeller and ADRhedged. Their fees differ too: 0.55% for RGEF and 0.19% for SHEH.

Which has better risk-adjusted returns?

RGEF currently has the higher Sharpe Ratio (1.56 vs 1.34), 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.