RSEE vs. IDUB

Last updated Jun 24, 2026

RSEE (Rareview Systematic Equity ETF) and IDUB (Aptus International Enhanced Yield ETF) are both Long-Short funds. Both are actively managed. Over the past 3 years, RSEE returned 17.96%/yr vs 17.49%/yr for IDUB. A 0.75 correlation means they provide meaningful diversification when combined. RSEE charges 1.27%/yr vs 0.45%/yr for IDUB.

Performance

RSEE vs. IDUB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Systematic Equity ETF (RSEE) and Aptus International Enhanced Yield ETF (IDUB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSEE achieves a 12.65% return, which is significantly lower than IDUB's 14.34% return.

RSEE

• 1D: -2.89%
• 1M: -0.47%
• YTD: 12.65%
• 6M: 11.67%
• 1Y: 32.53%
• 3Y*: 17.96%
• 5Y*: —
• 10Y*: —

IDUB

• 1D: -2.69%
• 1M: 0.48%
• YTD: 14.34%
• 6M: 14.11%
• 1Y: 31.78%
• 3Y*: 17.49%
• 5Y*: —
• 10Y*: —

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

RSEE vs. IDUB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RSEE Rareview Systematic Equity ETF	12.65%	20.54%	18.54%	10.21%	-2.49%
IDUB Aptus International Enhanced Yield ETF	14.34%	27.53%	6.12%	9.07%	-19.05%

Correlation

The correlation between RSEE and IDUB is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jan 21, 2022	0.75

The correlation between RSEE and IDUB shifts across timeframes, from 0.75 (all time) to 0.87 (1 year), reflecting how their relationship changes across market environments.

RSEE vs. IDUB - Sectors Allocation Comparison

Sectors	RSEE	IDUB
Technology	32.5%	18.1%
Financial Services	13.1%	22.3%
Industrials	11.1%	16.1%
Consumer Cyclical	9.9%	8.4%
Communication Services	8.7%	4.4%
Healthcare	7.3%	7.1%
Consumer Defensive	5.1%	5.0%
Basic Materials	4.0%	7.6%
Energy	3.6%	5.2%
Utilities	2.5%	3.2%
Real Estate	2.3%	2.6%

Return for Risk

RSEE vs. IDUB — Risk / Return Rank

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

RSEE

RSEE Risk / Return Rank: 56
RSEE Sharpe Ratio Rank: 56
RSEE Sortino Ratio Rank: 53
RSEE Omega Ratio Rank: 53
RSEE Calmar Ratio Rank: 55
RSEE Martin Ratio Rank: 62

IDUB

IDUB Risk / Return Rank: 63
IDUB Sharpe Ratio Rank: 63
IDUB Sortino Ratio Rank: 62
IDUB Omega Ratio Rank: 65
IDUB Calmar Ratio Rank: 60
IDUB Martin Ratio Rank: 64

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.

RSEE vs. IDUB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Systematic Equity ETF (RSEE) and Aptus International Enhanced Yield ETF (IDUB). 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.

	RSEE	IDUB	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.94	-0.21
Sortino ratio: Return per unit of downside risk	2.36	2.67	-0.31
Omega ratio: Gain probability vs. loss probability	1.31	1.36	-0.05
Calmar ratio: Return relative to maximum drawdown	2.54	2.79	-0.25
Martin ratio: Return relative to average drawdown	10.23	10.92	-0.69

RSEE vs. IDUB - Sharpe Ratio Comparison

The current RSEE Sharpe Ratio is 1.74, which is comparable to the IDUB Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of RSEE and IDUB, 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

RSEE vs. IDUB - Drawdown Comparison

The maximum RSEE drawdown since its inception was -21.60%, smaller than the maximum IDUB drawdown of -29.20%. Use the drawdown chart below to compare losses from any high point for RSEE and IDUB.

Drawdown Indicators

	RSEE	IDUB	Difference
Max Drawdown Largest peak-to-trough decline	-21.60%	-29.20%	+7.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-11.46%	-1.43%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-12.88%	-8.72%
Current Drawdown Current decline from peak	-3.77%	-2.69%	-1.08%
Average Drawdown Average peak-to-trough decline	-3.77%	-11.06%	+7.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.92%	+0.27%

Volatility

RSEE vs. IDUB - Volatility Comparison

Rareview Systematic Equity ETF (RSEE) has a higher volatility of 8.04% compared to Aptus International Enhanced Yield ETF (IDUB) at 6.55%. This indicates that RSEE's price experiences larger fluctuations and is considered to be riskier than IDUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSEE	IDUB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.04%	6.55%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	14.22%	+1.31%
Volatility (1Y) Calculated over the trailing 1-year period	18.84%	16.44%	+2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.22%	14.80%	+4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.22%	14.80%	+4.42%

RSEE vs. IDUB - Expense Ratio Comparison

RSEE has a 1.27% expense ratio, which is higher than IDUB's 0.45% expense ratio.

Dividends

RSEE vs. IDUB - Dividend Comparison

RSEE has not paid dividends to shareholders, while IDUB's dividend yield for the trailing twelve months is around 5.06%.

Position	TTM	2025	2024	2023	2022	2021
IDUB Aptus International Enhanced Yield ETF	5.06%	4.90%	5.64%	3.71%	2.62%	1.38%
RSEE Rareview Systematic Equity ETF	0.00%	0.24%	9.02%	0.84%	1.97%	0.00%

Frequently Asked Questions

Can I hold both RSEE and IDUB in my portfolio?

RSEE and IDUB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSEE or IDUB?

RSEE has higher volatility (8.04%) compared to IDUB (6.55%). In terms of maximum drawdown, RSEE dropped -21.60% vs IDUB's -29.20%.

Which ETF is better, RSEE or IDUB?

On 3-year performance, RSEE leads with 17.96% vs 17.49% for IDUB. On fees, IDUB is cheaper at 0.45% per year. On volatility, IDUB has been the lower-risk option at 6.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSEE or IDUB?

Over the 3-year period, RSEE has performed better with a 17.96% return vs 17.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSEE or IDUB?

IDUB is cheaper with a 0.45% expense ratio, compared with 1.27% for RSEE.

Which ETF pays a higher dividend yield, RSEE or IDUB?

IDUB has the higher dividend yield at 5.06%, compared with 0.00% for RSEE.

What is the main difference between RSEE and IDUB?

They also come from different issuers: Rareview Funds and Aptus. Their fees differ too: 1.27% for RSEE and 0.45% for IDUB.

Which has better risk-adjusted returns?

IDUB currently has the higher Sharpe Ratio (1.94 vs 1.74), 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.