RSBA vs. RSST

Last updated Jun 20, 2026

RSBA (Return Stacked Bonds & Merger Arbitrage ETF) and RSST (Return Stacked U.S. Stocks & Managed Futures ETF) are both exchange-traded funds - RSBA is a Leveraged Bonds fund actively managed by Return Stacked, while RSST is a Large Cap Blend Equities fund actively managed by Return Stacked. Both are actively managed. Over the past year, RSBA returned 4.40% vs 52.11% for RSST. At a 0.18 correlation, their price movements are largely independent. RSBA charges 0.96%/yr vs 0.99%/yr for RSST.

Performance

RSBA vs. RSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Bonds & Merger Arbitrage ETF (RSBA) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSBA achieves a 0.29% return, which is significantly lower than RSST's 16.35% return.

RSBA

• 1D: 0.37%
• 1M: 1.01%
• YTD: 0.29%
• 6M: 0.26%
• 1Y: 4.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSST

• 1D: 1.84%
• 1M: -1.48%
• YTD: 16.35%
• 6M: 16.79%
• 1Y: 52.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSBA vs. RSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RSBA Return Stacked Bonds & Merger Arbitrage ETF	0.29%	7.73%	-0.11%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	16.35%	19.91%	-3.23%

Correlation

The correlation between RSBA and RSST is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.18

The correlation between RSBA and RSST shifts across timeframes, from 0.18 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RSBA vs. RSST — Risk / Return Rank

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

RSBA

RSBA Risk / Return Rank: 28
RSBA Sharpe Ratio Rank: 27
RSBA Sortino Ratio Rank: 26
RSBA Omega Ratio Rank: 24
RSBA Calmar Ratio Rank: 33
RSBA Martin Ratio Rank: 30

RSST

RSST Risk / Return Rank: 71
RSST Sharpe Ratio Rank: 71
RSST Sortino Ratio Rank: 56
RSST Omega Ratio Rank: 64
RSST Calmar Ratio Rank: 84
RSST Martin Ratio Rank: 78

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.

RSBA vs. RSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Merger Arbitrage ETF (RSBA) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). 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.

	RSBA	RSST	Difference
Sharpe ratio: Return per unit of total volatility	0.95	2.17	-1.22
Sortino ratio: Return per unit of downside risk	1.42	2.58	-1.16
Omega ratio: Gain probability vs. loss probability	1.16	1.37	-0.20
Calmar ratio: Return relative to maximum drawdown	1.56	4.35	-2.79
Martin ratio: Return relative to average drawdown	4.15	14.28	-10.13

RSBA vs. RSST - Sharpe Ratio Comparison

The current RSBA Sharpe Ratio is 0.95, which is lower than the RSST Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of RSBA and RSST, 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

RSBA vs. RSST - Drawdown Comparison

The maximum RSBA drawdown since its inception was -2.83%, smaller than the maximum RSST drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for RSBA and RSST.

Drawdown Indicators

	RSBA	RSST	Difference
Max Drawdown Largest peak-to-trough decline	-2.83%	-30.80%	+27.97%
Max Drawdown (1Y) Largest decline over 1 year	-2.74%	-11.71%	+8.97%
Current Drawdown Current decline from peak	-1.04%	-5.11%	+4.07%
Average Drawdown Average peak-to-trough decline	-0.82%	-6.02%	+5.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	3.56%	-2.53%

Volatility

RSBA vs. RSST - Volatility Comparison

The current volatility for Return Stacked Bonds & Merger Arbitrage ETF (RSBA) is 1.42%, while Return Stacked U.S. Stocks & Managed Futures ETF (RSST) has a volatility of 9.15%. This indicates that RSBA experiences smaller price fluctuations and is considered to be less risky than RSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSBA	RSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	9.15%	-7.73%
Volatility (6M) Calculated over the trailing 6-month period	3.40%	17.17%	-13.77%
Volatility (1Y) Calculated over the trailing 1-year period	4.52%	23.47%	-18.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.08%	24.48%	-19.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.08%	24.48%	-19.40%

RSBA vs. RSST - Expense Ratio Comparison

RSBA has a 0.96% expense ratio, which is lower than RSST's 0.99% expense ratio.

Dividends

RSBA vs. RSST - Dividend Comparison

RSBA's dividend yield for the trailing twelve months is around 3.36%, more than RSST's 0.96% yield.

Position	TTM	2025	2024	2023
RSBA Return Stacked Bonds & Merger Arbitrage ETF	3.36%	3.37%	0.01%	0.00%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	0.96%	1.12%	0.09%	0.93%

Frequently Asked Questions

Can I hold both RSBA and RSST in my portfolio?

RSBA and RSST have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSBA or RSST?

RSST has higher volatility (9.15%) compared to RSBA (1.42%). In terms of maximum drawdown, RSBA dropped -2.83% vs RSST's -30.80%.

Which ETF is better, RSBA or RSST?

On 1-year performance, RSST leads with 52.11% vs 4.40% for RSBA. On fees, RSBA is cheaper at 0.96% per year. On volatility, RSBA has been the lower-risk option at 1.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSBA or RSST?

Over the 1-year period, RSST has performed better with a 52.11% return vs 4.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSBA or RSST?

RSBA is cheaper with a 0.96% expense ratio, compared with 0.99% for RSST.

Which ETF pays a higher dividend yield, RSBA or RSST?

RSBA has the higher dividend yield at 3.36%, compared with 0.96% for RSST.

What is the main difference between RSBA and RSST?

RSBA is categorized as Leveraged Bonds, while RSST is Large Cap Blend Equities. Their fees differ too: 0.96% for RSBA and 0.99% for RSST.

Which has better risk-adjusted returns?

RSST currently has the higher Sharpe Ratio (2.17 vs 0.95), 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.