RSBA vs. TSYW

Last updated Apr 2, 2026

Compare and contrast key facts about Return Stacked Bonds & Merger Arbitrage ETF (RSBA) and Roundhill Treasury Bond WeeklyPay ETF (TSYW).

RSBA and TSYW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSBA is an actively managed fund by Return Stacked. It was launched on Dec 17, 2024. TSYW is an actively managed fund by Roundhill. It was launched on Nov 12, 2025.

Performance

RSBA vs. TSYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Bonds & Merger Arbitrage ETF (RSBA) and Roundhill Treasury Bond WeeklyPay ETF (TSYW). The values are adjusted to include any dividend payments, if applicable.

RSBA vs. TSYW - Yearly Performance Comparison

	2026 (YTD)	2025
RSBA Return Stacked Bonds & Merger Arbitrage ETF	-0.72%	0.14%
TSYW Roundhill Treasury Bond WeeklyPay ETF	-0.81%	-2.56%

Returns By Period

In the year-to-date period, RSBA achieves a -0.72% return, which is significantly higher than TSYW's -0.81% return.

RSBA

• 1D: -0.22%
• 1M: -1.47%
• YTD: -0.72%
• 6M: 0.10%
• 1Y: 3.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSYW

• 1D: 0.04%
• 1M: -4.24%
• YTD: -0.81%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSBA vs. TSYW - Expense Ratio Comparison

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

TSYW

Roundhill Treasury Bond WeeklyPay ETF

RSBA

Return Stacked Bonds & Merger Arbitrage ETF

Return for Risk

RSBA vs. TSYW — Risk / Return Rank

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

RSBA

RSBA Risk / Return Rank: 35
RSBA Sharpe Ratio Rank: 32
RSBA Sortino Ratio Rank: 31
RSBA Omega Ratio Rank: 27
RSBA Calmar Ratio Rank: 47
RSBA Martin Ratio Rank: 37

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. TSYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Merger Arbitrage ETF (RSBA) and Roundhill Treasury Bond WeeklyPay ETF (TSYW). 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	TSYW	Difference
Sharpe ratio Return per unit of total volatility	0.65	—	—
Sortino ratio Return per unit of downside risk	0.96	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	1.33	—	—
Martin ratio Return relative to average drawdown	3.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RSBA	TSYW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	-0.80	+1.84

Correlation

The correlation between RSBA and TSYW is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RSBA vs. TSYW - Dividend Comparison

RSBA's dividend yield for the trailing twelve months is around 3.39%, less than TSYW's 4.88% yield.

	TTM	2025	2024
RSBA Return Stacked Bonds & Merger Arbitrage ETF	3.39%	3.37%	0.01%
TSYW Roundhill Treasury Bond WeeklyPay ETF	4.88%	1.63%	0.00%

Drawdowns

RSBA vs. TSYW - Drawdown Comparison

The maximum RSBA drawdown since its inception was -2.83%, smaller than the maximum TSYW drawdown of -6.69%. Use the drawdown chart below to compare losses from any high point for RSBA and TSYW.

Drawdown Indicators

	RSBA	TSYW	Difference
Max Drawdown Largest peak-to-trough decline	-2.83%	-6.69%	+3.86%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	—	—
Current Drawdown Current decline from peak	-2.03%	-5.24%	+3.21%
Average Drawdown Average peak-to-trough decline	-0.71%	-2.94%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	—	—

Volatility

Volatility by Period

	RSBA	TSYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.26%	11.16%	-5.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.18%	11.16%	-5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.18%	11.16%	-5.98%