RSBA vs. RSSY

Last updated Jun 4, 2026

RSBA (Return Stacked Bonds & Merger Arbitrage ETF) and RSSY (Return Stacked US Stocks & Futures Yield ETF) are both exchange-traded funds - RSBA is a Leveraged Bonds fund actively managed by Return Stacked, while RSSY is a Large Cap Blend Equities fund actively managed by Return Stacked. Both are actively managed. Over the past year, RSBA returned 4.65% vs 47.81% for RSSY. At a 0.25 correlation, their price movements are largely independent. RSBA charges 0.96%/yr vs 1.04%/yr for RSSY.

Performance

RSBA vs. RSSY - 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 US Stocks & Futures Yield ETF (RSSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSBA achieves a -0.30% return, which is significantly lower than RSSY's 32.45% return.

RSBA

• 1D: -0.24%
• 1M: 0.15%
• YTD: -0.30%
• 6M: -0.66%
• 1Y: 4.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSSY

• 1D: -0.16%
• 1M: 1.78%
• YTD: 32.45%
• 6M: 27.13%
• 1Y: 47.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSBA vs. RSSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RSBA Return Stacked Bonds & Merger Arbitrage ETF	-0.30%	7.73%	-0.04%
RSSY Return Stacked US Stocks & Futures Yield ETF	32.45%	-3.52%	-0.64%

Correlation

The correlation between RSBA and RSSY 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 19, 2024	0.25

Return for Risk

RSBA vs. RSSY — Risk / Return Rank

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

RSBA

RSBA Risk / Return Rank: 30
RSBA Sharpe Ratio Rank: 28
RSBA Sortino Ratio Rank: 28
RSBA Omega Ratio Rank: 26
RSBA Calmar Ratio Rank: 35
RSBA Martin Ratio Rank: 32

RSSY

RSSY Risk / Return Rank: 93
RSSY Sharpe Ratio Rank: 94
RSSY Sortino Ratio Rank: 93
RSSY Omega Ratio Rank: 93
RSSY Calmar Ratio Rank: 92
RSSY Martin Ratio Rank: 91

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. RSSY - 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 US Stocks & Futures Yield ETF (RSSY). 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.

	RSBA	RSSY	Difference
Sharpe ratio: Return per unit of total volatility	1.02	3.63	-2.61
Sortino ratio: Return per unit of downside risk	1.52	4.78	-3.26
Omega ratio: Gain probability vs. loss probability	1.18	1.65	-0.48
Calmar ratio: Return relative to maximum drawdown	1.70	6.53	-4.82
Martin ratio: Return relative to average drawdown	4.70	22.39	-17.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSBA vs. RSSY - Sharpe Ratio Comparison

The current RSBA Sharpe Ratio is 1.02, which is lower than the RSSY Sharpe Ratio of 3.63. The chart below compares the historical Sharpe Ratios of RSBA and RSSY, 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

	RSBA	RSSY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	3.63	-2.61
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.75	+0.25

Drawdowns

RSBA vs. RSSY - Drawdown Comparison

The maximum RSBA drawdown since its inception was -2.83%, smaller than the maximum RSSY drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for RSBA and RSSY.

Drawdown Indicators

	RSBA	RSSY	Difference
Max Drawdown Largest peak-to-trough decline	-2.83%	-29.57%	+26.74%
Max Drawdown (1Y) Largest decline over 1 year	-2.74%	-7.36%	+4.62%
Current Drawdown Current decline from peak	-1.62%	-0.16%	-1.46%
Average Drawdown Average peak-to-trough decline	-0.81%	-7.37%	+6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	2.14%	-1.15%

Volatility

RSBA vs. RSSY - Volatility Comparison

The current volatility for Return Stacked Bonds & Merger Arbitrage ETF (RSBA) is 1.37%, while Return Stacked US Stocks & Futures Yield ETF (RSSY) has a volatility of 2.30%. This indicates that RSBA experiences smaller price fluctuations and is considered to be less risky than RSSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSBA	RSSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	2.30%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	9.92%	-6.65%
Volatility (1Y) Calculated over the trailing 1-year period	4.59%	13.28%	-8.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.08%	18.35%	-13.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.08%	18.35%	-13.27%

RSBA vs. RSSY - Expense Ratio Comparison

RSBA has a 0.96% expense ratio, which is lower than RSSY's 1.04% expense ratio.

Dividends

RSBA vs. RSSY - Dividend Comparison

RSBA's dividend yield for the trailing twelve months is around 3.38%, more than RSSY's 1.54% yield.

Position	TTM	2025	2024
RSBA Return Stacked Bonds & Merger Arbitrage ETF	3.38%	3.37%	0.01%
RSSY Return Stacked US Stocks & Futures Yield ETF	1.54%	2.04%	0.00%

Frequently Asked Questions

Can I hold both RSBA and RSSY in my portfolio?

RSBA and RSSY 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 RSSY?

RSSY has higher volatility (2.30%) compared to RSBA (1.37%). In terms of maximum drawdown, RSBA dropped -2.83% vs RSSY's -29.57%.

Which ETF is better, RSBA or RSSY?

On 1-year performance, RSSY leads with 47.81% vs 4.65% for RSBA. On fees, RSBA is cheaper at 0.96% per year. On volatility, RSBA has been the lower-risk option at 1.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSBA or RSSY?

Over the 1-year period, RSSY has performed better with a 47.81% return vs 4.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSBA or RSSY?

RSBA is cheaper with a 0.96% expense ratio, compared with 1.04% for RSSY.

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

RSBA has the higher dividend yield at 3.38%, compared with 1.54% for RSSY.

What is the main difference between RSBA and RSSY?

RSBA is categorized as Leveraged Bonds, while RSSY is Large Cap Blend Equities. Their fees differ too: 0.96% for RSBA and 1.04% for RSSY.

Which has better risk-adjusted returns?

RSSY currently has the higher Sharpe Ratio (3.63 vs 1.02), 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.