RSBT vs. MAFIX

Last updated Jun 3, 2026

RSBT (Return Stacked Bonds & Managed Futures ETF) and MAFIX (Abbey Capital Multi Asset Fund Class I) are both funds - RSBT is a Nontraditional Bonds fund actively managed by Return Stacked, while MAFIX is a Multistrategy fund managed by Abbey Capital. Over the past 3 years, RSBT returned 5.04%/yr vs 10.92%/yr for MAFIX. A 0.68 correlation means they provide meaningful diversification when combined. RSBT charges 0.97%/yr vs 1.79%/yr for MAFIX.

Performance

RSBT vs. MAFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Bonds & Managed Futures ETF (RSBT) and Abbey Capital Multi Asset Fund Class I (MAFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSBT achieves a 10.66% return, which is significantly lower than MAFIX's 13.26% return.

RSBT

• 1D: 0.56%
• 1M: 3.71%
• YTD: 10.66%
• 6M: 12.81%
• 1Y: 28.55%
• 3Y*: 5.04%
• 5Y*: —
• 10Y*: —

MAFIX

• 1D: 0.95%
• 1M: 3.89%
• YTD: 13.26%
• 6M: 15.57%
• 1Y: 33.91%
• 3Y*: 10.92%
• 5Y*: 7.80%
• 10Y*: —

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

RSBT vs. MAFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSBT Return Stacked Bonds & Managed Futures ETF	10.66%	10.31%	-2.90%	-11.91%
MAFIX Abbey Capital Multi Asset Fund Class I	13.26%	8.41%	8.99%	0.83%

Correlation

The correlation between RSBT and MAFIX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023	0.68

The correlation between RSBT and MAFIX has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

Return for Risk

RSBT vs. MAFIX — Risk / Return Rank

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

RSBT

RSBT Risk / Return Rank: 65
RSBT Sharpe Ratio Rank: 60
RSBT Sortino Ratio Rank: 55
RSBT Omega Ratio Rank: 61
RSBT Calmar Ratio Rank: 84
RSBT Martin Ratio Rank: 66

MAFIX

MAFIX Risk / Return Rank: 83
MAFIX Sharpe Ratio Rank: 86
MAFIX Sortino Ratio Rank: 78
MAFIX Omega Ratio Rank: 75
MAFIX Calmar Ratio Rank: 91
MAFIX Martin Ratio Rank: 86

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.

RSBT vs. MAFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Managed Futures ETF (RSBT) and Abbey Capital Multi Asset Fund Class I (MAFIX). 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.

	RSBT	MAFIX	Difference
Sharpe ratio Return per unit of total volatility	2.05	2.79	-0.74
Sortino ratio Return per unit of downside risk	2.67	3.72	-1.06
Omega ratio Gain probability vs. loss probability	1.37	1.49	-0.11
Calmar ratio Return relative to maximum drawdown	4.61	4.72	-0.11
Martin ratio Return relative to average drawdown	12.35	16.69	-4.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSBT vs. MAFIX - Sharpe Ratio Comparison

The current RSBT Sharpe Ratio is 2.05, which is comparable to the MAFIX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of RSBT and MAFIX, 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

	RSBT	MAFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.79	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	1.02	-0.93

Drawdowns

RSBT vs. MAFIX - Drawdown Comparison

The maximum RSBT drawdown since its inception was -23.60%, which is greater than MAFIX's maximum drawdown of -19.21%. Use the drawdown chart below to compare losses from any high point for RSBT and MAFIX.

Drawdown Indicators

	RSBT	MAFIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.60%	-19.21%	-4.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.33%	-7.26%	+0.93%
Max Drawdown (3Y) Largest decline over 3 years	-18.98%	-19.21%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.21%	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-12.65%	-3.41%	-9.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	2.05%	+0.31%

Volatility

RSBT vs. MAFIX - Volatility Comparison

Return Stacked Bonds & Managed Futures ETF (RSBT) has a higher volatility of 3.08% compared to Abbey Capital Multi Asset Fund Class I (MAFIX) at 2.69%. This indicates that RSBT's price experiences larger fluctuations and is considered to be riskier than MAFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSBT	MAFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	2.69%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	8.86%	+1.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.99%	12.45%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	12.32%	+1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.69%	12.84%	+0.85%

RSBT vs. MAFIX - Expense Ratio Comparison

RSBT has a 0.97% expense ratio, which is lower than MAFIX's 1.79% expense ratio.

Dividends

RSBT vs. MAFIX - Dividend Comparison

RSBT's dividend yield for the trailing twelve months is around 2.89%, less than MAFIX's 10.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MAFIX Abbey Capital Multi Asset Fund Class I	10.40%	11.78%	4.57%	3.80%	4.12%	10.65%	10.29%	12.30%	9.36%
RSBT Return Stacked Bonds & Managed Futures ETF	2.89%	3.20%	0.00%	2.38%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSBT and MAFIX in my portfolio?

RSBT and MAFIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSBT or MAFIX?

RSBT has higher volatility (3.08%) compared to MAFIX (2.69%). In terms of maximum drawdown, RSBT dropped -23.60% vs MAFIX's -19.21%.

Which has better risk-adjusted returns?

MAFIX currently has the higher Sharpe Ratio (2.79 vs 2.05), 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.