RSBY vs. DINE

Last updated Aug 2, 2026

RSBY (Return Stacked Bonds & Futures Yield ETF) and DINE (Simplify Tax Aware Diversified Income Strategy ETF) are both Multistrategy funds. Both are actively managed. Their 0.06 correlation means their historical movements had little consistent relationship. RSBY charges 0.98%/yr vs 0.15%/yr for DINE.

Performance

RSBY vs. DINE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Bonds & Futures Yield ETF (RSBY) and Simplify Tax Aware Diversified Income Strategy ETF (DINE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RSBY

• 1D: -0.66%
• 1M: -2.92%
• 6M: 12.75%
• YTD: 15.76%
• 1Y: 12.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -3.73%

DINE

• 1D: 0.28%
• 1M: -1.28%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DINE Simplify Tax Aware Diversified Income Strategy ETF	$50.67K	$29.27K	$11.59K
RSBY Return Stacked Bonds & Futures Yield ETF	$290.19K	$414.45K	$303.00K

RSBY vs. DINE - Yearly Performance Comparison

	2026 (YTD)
RSBY Return Stacked Bonds & Futures Yield ETF	-5.18%
DINE Simplify Tax Aware Diversified Income Strategy ETF	0.24%

Correlation

The correlation between RSBY and DINE is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.06

Return for Risk

RSBY vs. DINE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RSBY

RSBY Risk / Return Rank: 43
RSBY Sharpe Ratio Rank: 46
RSBY Sortino Ratio Rank: 47
RSBY Omega Ratio Rank: 42
RSBY Calmar Ratio Rank: 46
RSBY Martin Ratio Rank: 36

DINE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RSBY vs. DINE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Bonds & Futures Yield ETF (RSBY) and Simplify Tax Aware Diversified Income Strategy ETF (DINE). 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.

	RSBY	DINE	Difference
Sharpe ratio: Return per unit of total volatility	1.15	—	—
Sortino ratio: Return per unit of downside risk	1.70	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.64	—	—
Martin ratio: Return relative to average drawdown	3.71	—	—

Drawdowns

RSBY vs. DINE - Drawdown Comparison

The maximum RSBY drawdown since its inception was -23.32%, which is greater than DINE's maximum drawdown of -2.13%. Use the drawdown chart below to compare losses from any high point for RSBY and DINE.

Drawdown Indicators

	RSBY	DINE	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-2.13%	-21.19%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	—	—
Current Drawdown Current decline from peak	-8.64%	-1.52%	-7.12%
Average Drawdown Average peak-to-trough decline	-13.14%	-0.47%	-12.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	—	—

Volatility

Volatility by Period

	RSBY	DINE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.36%	4.40%	+6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	4.40%	+8.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.25%	4.40%	+8.85%

RSBY vs. DINE - Expense Ratio Comparison

RSBY has a 0.98% expense ratio, which is higher than DINE's 0.15% expense ratio.

Dividends

RSBY vs. DINE - Dividend Comparison

RSBY's dividend yield for the trailing twelve months is around 1.79%, more than DINE's 0.20% yield.

Position	TTM	2025	2024
DINE Simplify Tax Aware Diversified Income Strategy ETF	0.20%	0.00%	0.00%
RSBY Return Stacked Bonds & Futures Yield ETF	1.79%	2.07%	2.29%

Frequently Asked Questions

Can I hold both RSBY and DINE in my portfolio?

RSBY and DINE have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RSBY or DINE?

On fees, DINE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSBY or DINE?

DINE is cheaper with a 0.15% expense ratio, compared with 0.98% for RSBY.

Which ETF pays a higher dividend yield, RSBY or DINE?

RSBY has the higher dividend yield at 1.79%, compared with 0.20% for DINE.

What is the main difference between RSBY and DINE?

They also come from different issuers: Return Stacked and Simplify. Their fees differ too: 0.98% for RSBY and 0.15% for DINE.