RNIN vs. EPMV

Last updated Jun 3, 2026

RNIN (Bushido Capital US SMID Cap Equity ETF) and EPMV (Harbor Mid Cap Value ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past year, RNIN returned 31.53% vs 31.44% for EPMV. A 0.78 correlation means they provide meaningful diversification when combined. RNIN charges 0.68%/yr vs 0.88%/yr for EPMV.

Performance

RNIN vs. EPMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bushido Capital US SMID Cap Equity ETF (RNIN) and Harbor Mid Cap Value ETF (EPMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RNIN achieves a 17.39% return, which is significantly lower than EPMV's 18.27% return.

RNIN

• 1D: -1.32%
• 1M: 2.46%
• YTD: 17.39%
• 6M: 17.62%
• 1Y: 31.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EPMV

• 1D: 1.62%
• 1M: 6.13%
• YTD: 18.27%
• 6M: 20.75%
• 1Y: 31.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RNIN vs. EPMV - Yearly Performance Comparison

	2026 (YTD)	2025
RNIN Bushido Capital US SMID Cap Equity ETF	17.39%	10.27%
EPMV Harbor Mid Cap Value ETF	18.27%	8.59%

Correlation

The correlation between RNIN and EPMV is 0.77, 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	0.77
Correlation (All Time) Calculated using the full available price history since May 16, 2025	0.78

The correlation between RNIN and EPMV has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.

Return for Risk

RNIN vs. EPMV — Risk / Return Rank

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

RNIN

RNIN Risk / Return Rank: 73
RNIN Sharpe Ratio Rank: 62
RNIN Sortino Ratio Rank: 65
RNIN Omega Ratio Rank: 60
RNIN Calmar Ratio Rank: 89
RNIN Martin Ratio Rank: 88

EPMV

EPMV Risk / Return Rank: 63
EPMV Sharpe Ratio Rank: 60
EPMV Sortino Ratio Rank: 64
EPMV Omega Ratio Rank: 58
EPMV Calmar Ratio Rank: 70
EPMV Martin Ratio Rank: 64

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.

RNIN vs. EPMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bushido Capital US SMID Cap Equity ETF (RNIN) and Harbor Mid Cap Value ETF (EPMV). 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.

	RNIN	EPMV	Difference
Sharpe ratio Return per unit of total volatility	2.14	2.08	+0.06
Sortino ratio Return per unit of downside risk	3.09	3.04	+0.05
Omega ratio Gain probability vs. loss probability	1.37	1.37	+0.01
Calmar ratio Return relative to maximum drawdown	5.46	3.55	+1.91
Martin ratio Return relative to average drawdown	19.46	11.73	+7.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RNIN vs. EPMV - Sharpe Ratio Comparison

The current RNIN Sharpe Ratio is 2.14, which is comparable to the EPMV Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of RNIN and EPMV, 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

	RNIN	EPMV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.08	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	1.89	2.05	-0.16

Drawdowns

RNIN vs. EPMV - Drawdown Comparison

The maximum RNIN drawdown since its inception was -5.70%, smaller than the maximum EPMV drawdown of -8.78%. Use the drawdown chart below to compare losses from any high point for RNIN and EPMV.

Drawdown Indicators

	RNIN	EPMV	Difference
Max Drawdown Largest peak-to-trough decline	-5.70%	-8.78%	+3.08%
Max Drawdown (1Y) Largest decline over 1 year	-5.70%	-8.78%	+3.08%
Current Drawdown Current decline from peak	-1.32%	0.00%	-1.32%
Average Drawdown Average peak-to-trough decline	-1.24%	-1.79%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	2.66%	-1.06%

Volatility

RNIN vs. EPMV - Volatility Comparison

The current volatility for Bushido Capital US SMID Cap Equity ETF (RNIN) is 4.75%, while Harbor Mid Cap Value ETF (EPMV) has a volatility of 5.35%. This indicates that RNIN experiences smaller price fluctuations and is considered to be less risky than EPMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNIN	EPMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	5.35%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	11.35%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	14.81%	15.19%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	15.51%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	15.51%	-0.57%

RNIN vs. EPMV - Expense Ratio Comparison

RNIN has a 0.68% expense ratio, which is lower than EPMV's 0.88% expense ratio.

Dividends

RNIN vs. EPMV - Dividend Comparison

RNIN's dividend yield for the trailing twelve months is around 0.75%, less than EPMV's 1.25% yield.

Position	TTM	2025
EPMV Harbor Mid Cap Value ETF	1.25%	1.48%
RNIN Bushido Capital US SMID Cap Equity ETF	0.75%	0.71%

Frequently Asked Questions

Can I hold both RNIN and EPMV in my portfolio?

RNIN and EPMV have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNIN or EPMV?

EPMV has higher volatility (5.35%) compared to RNIN (4.75%). In terms of maximum drawdown, RNIN dropped -5.70% vs EPMV's -8.78%.

Which ETF is better, RNIN or EPMV?

On 1-year performance, RNIN leads with 31.53% vs 31.44% for EPMV. On fees, RNIN is cheaper at 0.68% per year. On volatility, RNIN has been the lower-risk option at 4.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RNIN or EPMV?

Over the 1-year period, RNIN has performed better with a 31.53% return vs 31.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RNIN or EPMV?

RNIN is cheaper with a 0.68% expense ratio, compared with 0.88% for EPMV.

Which ETF pays a higher dividend yield, RNIN or EPMV?

EPMV has the higher dividend yield at 1.25%, compared with 0.75% for RNIN.

What is the main difference between RNIN and EPMV?

They also come from different issuers: Bushido and Harbor. Their fees differ too: 0.68% for RNIN and 0.88% for EPMV.

Which has better risk-adjusted returns?

RNIN currently has the higher Sharpe Ratio (2.14 vs 2.08), 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.