RSSB vs. HFEQ

Last updated Jun 4, 2026

RSSB (Return Stacked Global Stocks & Bonds ETF) and HFEQ (Unlimited HFEQ Equity Long/Short ETF) are both exchange-traded funds - RSSB is a Global Allocation fund actively managed by Return Stacked, while HFEQ is a Long-Short fund actively managed by Unlimited. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. RSSB charges 0.41%/yr vs 1.00%/yr for HFEQ.

Performance

RSSB vs. HFEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Global Stocks & Bonds ETF (RSSB) and Unlimited HFEQ Equity Long/Short ETF (HFEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSSB achieves a 9.57% return, which is significantly lower than HFEQ's 14.04% return.

RSSB

• 1D: -1.22%
• 1M: 4.37%
• YTD: 9.57%
• 6M: 9.59%
• 1Y: 27.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HFEQ

• 1D: -0.34%
• 1M: 5.50%
• YTD: 14.04%
• 6M: 13.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSSB vs. HFEQ - Yearly Performance Comparison

	2026 (YTD)	2025
RSSB Return Stacked Global Stocks & Bonds ETF	9.57%	12.61%
HFEQ Unlimited HFEQ Equity Long/Short ETF	14.04%	14.92%

Correlation

The correlation between RSSB and HFEQ is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.81

Return for Risk

RSSB vs. HFEQ — Risk / Return Rank

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

RSSB

RSSB Risk / Return Rank: 52
RSSB Sharpe Ratio Rank: 53
RSSB Sortino Ratio Rank: 52
RSSB Omega Ratio Rank: 51
RSSB Calmar Ratio Rank: 48
RSSB Martin Ratio Rank: 56

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.

RSSB vs. HFEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Global Stocks & Bonds ETF (RSSB) and Unlimited HFEQ Equity Long/Short ETF (HFEQ). 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.

	RSSB	HFEQ	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.55	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.41	—	—
Martin ratio: Return relative to average drawdown	9.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RSSB	HFEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	1.66	-0.36

Drawdowns

RSSB vs. HFEQ - Drawdown Comparison

The maximum RSSB drawdown since its inception was -16.21%, which is greater than HFEQ's maximum drawdown of -12.46%. Use the drawdown chart below to compare losses from any high point for RSSB and HFEQ.

Drawdown Indicators

	RSSB	HFEQ	Difference
Max Drawdown Largest peak-to-trough decline	-16.21%	-12.46%	-3.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	—	—
Current Drawdown Current decline from peak	-1.22%	-0.34%	-0.88%
Average Drawdown Average peak-to-trough decline	-2.26%	-2.45%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	—	—

Volatility

Volatility by Period

	RSSB	HFEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.26%	21.60%	-6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	21.60%	-5.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	21.60%	-5.01%

RSSB vs. HFEQ - Expense Ratio Comparison

RSSB has a 0.41% expense ratio, which is lower than HFEQ's 1.00% expense ratio.

Dividends

RSSB vs. HFEQ - Dividend Comparison

RSSB's dividend yield for the trailing twelve months is around 3.18%, less than HFEQ's 9.25% yield.

Position	TTM	2025	2024	2023
HFEQ Unlimited HFEQ Equity Long/Short ETF	9.25%	10.55%	0.00%	0.00%
RSSB Return Stacked Global Stocks & Bonds ETF	3.18%	3.48%	1.10%	0.61%

Frequently Asked Questions

Can I hold both RSSB and HFEQ in my portfolio?

RSSB and HFEQ have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RSSB or HFEQ?

On fees, RSSB is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSSB or HFEQ?

RSSB is cheaper with a 0.41% expense ratio, compared with 1.00% for HFEQ.

Which ETF pays a higher dividend yield, RSSB or HFEQ?

HFEQ has the higher dividend yield at 9.25%, compared with 3.18% for RSSB.

What is the main difference between RSSB and HFEQ?

RSSB is categorized as Global Allocation, while HFEQ is Long-Short. They also come from different issuers: Return Stacked and Unlimited. Their fees differ too: 0.41% for RSSB and 1.00% for HFEQ.