RSBT vs. VOO

Last updated Jun 14, 2026

RSBT (Return Stacked Bonds & Managed Futures ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - RSBT is a Nontraditional Bonds fund actively managed by Return Stacked, while VOO is a S&P 500 fund tracking the S&P 500 Index. RSBT is actively managed, while VOO is passively managed. Over the past 3 years, RSBT returned 3.21%/yr vs 20.95%/yr for VOO. At a 0.45 correlation, their price movements are largely independent. RSBT charges 0.97%/yr vs 0.03%/yr for VOO.

Performance

RSBT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Bonds & Managed Futures ETF (RSBT) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSBT achieves a 6.42% return, which is significantly lower than VOO's 9.08% return.

RSBT

• 1D: 0.37%
• 1M: -3.00%
• YTD: 6.42%
• 6M: 8.27%
• 1Y: 23.51%
• 3Y*: 3.21%
• 5Y*: —
• 10Y*: —

VOO

• 1D: 0.55%
• 1M: -0.84%
• YTD: 9.08%
• 6M: 9.44%
• 1Y: 25.76%
• 3Y*: 20.95%
• 5Y*: 13.43%
• 10Y*: 15.50%

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

RSBT vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSBT Return Stacked Bonds & Managed Futures ETF	6.42%	10.31%	-2.90%	-11.85%
VOO Vanguard S&P 500 ETF	9.08%	17.82%	24.98%	16.33%

Correlation

The correlation between RSBT and VOO is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 8, 2023	0.45

The correlation between RSBT and VOO has been stable across timeframes, ranging from 0.45 to 0.53 - a consistent structural relationship.

Return for Risk

RSBT vs. VOO — Risk / Return Rank

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

RSBT

RSBT Risk / Return Rank: 56
RSBT Sharpe Ratio Rank: 50
RSBT Sortino Ratio Rank: 44
RSBT Omega Ratio Rank: 52
RSBT Calmar Ratio Rank: 78
RSBT Martin Ratio Rank: 59

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 69
VOO Omega Ratio Rank: 71
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 76

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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Managed Futures ETF (RSBT) and Vanguard S&P 500 ETF (VOO). 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.

	RSBT	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.99	-0.48
Sortino ratio: Return per unit of downside risk	1.97	2.70	-0.73
Omega ratio: Gain probability vs. loss probability	1.28	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	3.53	2.75	+0.78
Martin ratio: Return relative to average drawdown	9.11	12.42	-3.31

RSBT vs. VOO - Sharpe Ratio Comparison

The current RSBT Sharpe Ratio is 1.52, which is comparable to the VOO Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of RSBT and VOO, 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

RSBT vs. VOO - Drawdown Comparison

The maximum RSBT drawdown since its inception was -23.60%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RSBT and VOO.

Drawdown Indicators

	RSBT	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-23.60%	-33.99%	+10.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.33%	-8.90%	+2.57%
Max Drawdown (3Y) Largest decline over 3 years	-18.98%	-18.69%	-0.29%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-3.83%	-2.34%	-1.49%
Average Drawdown Average peak-to-trough decline	-12.55%	-3.68%	-8.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	1.97%	+0.48%

Volatility

RSBT vs. VOO - Volatility Comparison

Return Stacked Bonds & Managed Futures ETF (RSBT) has a higher volatility of 5.71% compared to Vanguard S&P 500 ETF (VOO) at 4.34%. This indicates that RSBT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSBT	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	4.34%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	11.07%	9.58%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	14.74%	12.27%	+2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	16.88%	-3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.88%	18.03%	-4.15%

RSBT vs. VOO - Expense Ratio Comparison

RSBT has a 0.97% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

RSBT vs. VOO - Dividend Comparison

RSBT's dividend yield for the trailing twelve months is around 3.01%, more than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSBT Return Stacked Bonds & Managed Futures ETF	3.01%	3.20%	0.00%	2.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both RSBT and VOO in my portfolio?

RSBT and VOO have a correlation of 0.53, 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 VOO?

RSBT has higher volatility (5.71%) compared to VOO (4.34%). In terms of maximum drawdown, RSBT dropped -23.60% vs VOO's -33.99%.

Which ETF is better, RSBT or VOO?

On 3-year performance, VOO leads with 20.95% vs 3.21% for RSBT. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSBT or VOO?

Over the 3-year period, VOO has performed better with a 20.95% return vs 3.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSBT or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.97% for RSBT.

Which ETF pays a higher dividend yield, RSBT or VOO?

RSBT has the higher dividend yield at 3.01%, compared with 1.05% for VOO.

What is the main difference between RSBT and VOO?

RSBT is categorized as Nontraditional Bonds, while VOO is S&P 500. They also come from different issuers: Return Stacked and Vanguard. Their fees differ too: 0.97% for RSBT and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.99 vs 1.52), 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.