RSBT vs. QIS
Compare and contrast key facts about Return Stacked Bonds & Managed Futures ETF (RSBT) and Simplify Multi-Qis Alternative ETF (QIS).
RSBT and QIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSBT is an actively managed fund by Return Stacked. It was launched on Feb 7, 2023. QIS is an actively managed fund by Simplify. It was launched on Jul 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSBT or QIS.
Key characteristics
| RSBT | QIS | |
|---|---|---|
| YTD Return | -2.14% | -1.61% |
| 1Y Return | -0.01% | -1.70% |
| Sharpe Ratio | -0.02 | -0.11 |
| Sortino Ratio | 0.06 | -0.07 |
| Omega Ratio | 1.01 | 0.99 |
| Calmar Ratio | -0.02 | -0.16 |
| Martin Ratio | -0.06 | -0.45 |
| Ulcer Index | 4.98% | 2.63% |
| Daily Std Dev | 13.79% | 11.22% |
| Max Drawdown | -18.78% | -7.51% |
| Current Drawdown | -16.53% | -7.10% |
Correlation
The correlation between RSBT and QIS is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RSBT vs. QIS - Performance Comparison
In the year-to-date period, RSBT achieves a -2.14% return, which is significantly lower than QIS's -1.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RSBT vs. QIS - Expense Ratio Comparison
RSBT has a 0.97% expense ratio, which is lower than QIS's 1.00% expense ratio.
Risk-Adjusted Performance
RSBT vs. QIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Managed Futures ETF (RSBT) and Simplify Multi-Qis Alternative ETF (QIS). 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.
Dividends
RSBT vs. QIS - Dividend Comparison
RSBT's dividend yield for the trailing twelve months is around 2.43%, less than QIS's 4.41% yield.
| TTM | 2023 | |
|---|---|---|
RSBT Return Stacked Bonds & Managed Futures ETF | 2.43% | 2.38% |
QIS Simplify Multi-Qis Alternative ETF | 4.41% | 3.29% |
Drawdowns
RSBT vs. QIS - Drawdown Comparison
The maximum RSBT drawdown since its inception was -18.78%, which is greater than QIS's maximum drawdown of -7.51%. Use the drawdown chart below to compare losses from any high point for RSBT and QIS. For additional features, visit the drawdowns tool.
Volatility
RSBT vs. QIS - Volatility Comparison
Return Stacked Bonds & Managed Futures ETF (RSBT) has a higher volatility of 4.26% compared to Simplify Multi-Qis Alternative ETF (QIS) at 3.43%. This indicates that RSBT's price experiences larger fluctuations and is considered to be riskier than QIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.