RMME vs. MUST
RMME (Rareview Government Money Market ETF) and MUST (Columbia Multi-Sector Municipal Income ETF) are both Money Market funds. RMME is actively managed, while MUST is passively managed. Their -0.08 correlation means they have often moved in opposite directions in the past. RMME charges 0.30%/yr vs 0.23%/yr for MUST.
Performance
RMME vs. MUST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RMME achieves a 1.92% return, which is significantly higher than MUST's 0.25% return.
RMME
- 1D
- 0.01%
- 1M
- 0.25%
- 6M
- 1.66%
- YTD
- 1.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MUST
- 1D
- 0.30%
- 1M
- -1.98%
- 6M
- -1.19%
- YTD
- 0.25%
- 1Y
- 4.44%
- 3Y*
- 2.94%
- 5Y*
- 0.35%
- 10Y*
- —
- ALL TIME*
- 2.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.71M | $2.64M | $2.36M | |
| $54.96K | $79.71K | $348.42K |
RMME vs. MUST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RMME Rareview Government Money Market ETF | 1.92% | 0.29% |
MUST Columbia Multi-Sector Municipal Income ETF | 0.25% | 0.19% |
Correlation
The correlation between RMME and MUST 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 (All Time) Calculated using the full available price history since Dec 2, 2025 | -0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RMME vs. MUST — Risk / Return Rank
RMME
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MUST
RMME vs. MUST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Government Money Market ETF (RMME) and Columbia Multi-Sector Municipal Income ETF (MUST). 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.
| RMME | MUST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.70 | — |
| Martin ratioReturn relative to average drawdown | — | 4.25 | — |
Loading charts...
Drawdowns
RMME vs. MUST - Drawdown Comparison
The maximum RMME drawdown since its inception was -0.17%, smaller than the maximum MUST drawdown of -13.83%. Use the drawdown chart below to compare losses from any high point for RMME and MUST.
Loading charts...
Drawdown Indicators
| RMME | MUST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.17% | -13.83% | +13.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.01% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.75% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.26% | +2.26% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -3.36% | +3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.21% | — |
Volatility
RMME vs. MUST - Volatility Comparison
Loading charts...
Volatility by Period
| RMME | MUST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.66% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.40% | 5.13% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.40% | 5.50% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.40% | 5.59% | -5.19% |
RMME vs. MUST - Expense Ratio Comparison
RMME has a 0.30% expense ratio, which is higher than MUST's 0.23% expense ratio.
Dividends
RMME vs. MUST - Dividend Comparison
RMME's dividend yield for the trailing twelve months is around 1.89%, less than MUST's 3.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MUST Columbia Multi-Sector Municipal Income ETF | 3.10% | 3.28% | 3.13% | 2.51% | 1.76% | 1.62% | 2.33% | 2.70% | 0.55% |
RMME Rareview Government Money Market ETF | 1.89% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RMME and MUST 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.
On fees, MUST is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MUST is cheaper with a 0.23% expense ratio, compared with 0.30% for RMME.
MUST has the higher dividend yield at 3.10%, compared with 1.89% for RMME.
They also come from different issuers: Rareview and Ameriprise Financial. Their fees differ too: 0.30% for RMME and 0.23% for MUST.
Find the right allocation for RMME and MUST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer