RSSB vs. SPHQ

Last updated Jun 13, 2026

RSSB (Return Stacked Global Stocks & Bonds ETF) and SPHQ (Invesco S&P 500 Quality ETF) are both exchange-traded funds - RSSB is a Global Allocation fund actively managed by Return Stacked, while SPHQ is a S&P 500 fund tracking the S&P 500 Quality Index. RSSB is actively managed, while SPHQ is passively managed. Over the past year, RSSB returned 24.37% vs 24.32% for SPHQ. A 0.78 correlation means they provide meaningful diversification when combined. RSSB charges 0.39%/yr vs 0.15%/yr for SPHQ.

Performance

RSSB vs. SPHQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Global Stocks & Bonds ETF (RSSB) and Invesco S&P 500 Quality ETF (SPHQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSSB achieves a 8.69% return, which is significantly lower than SPHQ's 16.79% return.

RSSB

• 1D: 0.24%
• 1M: 0.44%
• YTD: 8.69%
• 6M: 9.50%
• 1Y: 24.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPHQ

• 1D: 1.02%
• 1M: 5.98%
• YTD: 16.79%
• 6M: 15.77%
• 1Y: 24.32%
• 3Y*: 22.40%
• 5Y*: 14.55%
• 10Y*: 15.27%

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

RSSB vs. SPHQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSSB Return Stacked Global Stocks & Bonds ETF	8.69%	25.16%	10.53%	6.63%
SPHQ Invesco S&P 500 Quality ETF	16.79%	13.25%	25.44%	4.64%

Correlation

The correlation between RSSB and SPHQ is 0.75, 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	0.75
Correlation (All Time) Calculated using the full available price history since Dec 5, 2023	0.78

The correlation between RSSB and SPHQ has been stable across timeframes, ranging from 0.75 to 0.78 - a consistent structural relationship.

RSSB vs. SPHQ - Sectors Allocation Comparison

Sectors	RSSB	SPHQ
Technology	27.9%	28.1%
Financial Services	15.9%	13.3%
Industrials	11.5%	24.3%
Consumer Cyclical	9.7%	4.6%
Communication Services	8.3%	2.0%
Healthcare	8.2%	8.4%
Consumer Defensive	5.0%	15.4%
Energy	4.3%	0.7%
Basic Materials	4.1%	2.2%
Utilities	2.7%	1.0%
Real Estate	2.4%	-

Return for Risk

RSSB vs. SPHQ — Risk / Return Rank

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

RSSB

RSSB Risk / Return Rank: 50
RSSB Sharpe Ratio Rank: 50
RSSB Sortino Ratio Rank: 49
RSSB Omega Ratio Rank: 49
RSSB Calmar Ratio Rank: 48
RSSB Martin Ratio Rank: 55

SPHQ

SPHQ Risk / Return Rank: 66
SPHQ Sharpe Ratio Rank: 65
SPHQ Sortino Ratio Rank: 68
SPHQ Omega Ratio Rank: 60
SPHQ Calmar Ratio Rank: 63
SPHQ Martin Ratio Rank: 73

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. SPHQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Global Stocks & Bonds ETF (RSSB) and Invesco S&P 500 Quality ETF (SPHQ). 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.

	RSSB	SPHQ	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.85	-0.32
Sortino ratio: Return per unit of downside risk	2.14	2.67	-0.53
Omega ratio: Gain probability vs. loss probability	1.27	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	2.10	2.75	-0.64
Martin ratio: Return relative to average drawdown	8.47	11.76	-3.29

RSSB vs. SPHQ - Sharpe Ratio Comparison

The current RSSB Sharpe Ratio is 1.53, which is comparable to the SPHQ Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of RSSB and SPHQ, 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

RSSB vs. SPHQ - Drawdown Comparison

The maximum RSSB drawdown since its inception was -16.21%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for RSSB and SPHQ.

Drawdown Indicators

	RSSB	SPHQ	Difference
Max Drawdown Largest peak-to-trough decline	-16.21%	-57.83%	+41.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	-8.90%	-2.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.60%	—
Current Drawdown Current decline from peak	-2.01%	0.00%	-2.01%
Average Drawdown Average peak-to-trough decline	-2.27%	-10.69%	+8.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.09%	+0.80%

Volatility

RSSB vs. SPHQ - Volatility Comparison

Return Stacked Global Stocks & Bonds ETF (RSSB) has a higher volatility of 6.33% compared to Invesco S&P 500 Quality ETF (SPHQ) at 4.92%. This indicates that RSSB's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSSB	SPHQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	4.92%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	13.43%	10.83%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	13.18%	+2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	16.53%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.76%	17.90%	-1.14%

RSSB vs. SPHQ - Expense Ratio Comparison

RSSB has a 0.39% expense ratio, which is higher than SPHQ's 0.15% expense ratio.

Dividends

RSSB vs. SPHQ - Dividend Comparison

RSSB's dividend yield for the trailing twelve months is around 3.20%, more than SPHQ's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSSB Return Stacked Global Stocks & Bonds ETF	3.20%	3.48%	1.10%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPHQ Invesco S&P 500 Quality ETF	1.03%	1.09%	1.15%	1.42%	1.85%	1.19%	1.55%	1.51%	1.85%	1.57%	1.67%	2.29%

Frequently Asked Questions

Can I hold both RSSB and SPHQ in my portfolio?

RSSB and SPHQ have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSSB or SPHQ?

RSSB has higher volatility (6.33%) compared to SPHQ (4.92%). In terms of maximum drawdown, RSSB dropped -16.21% vs SPHQ's -57.83%.

Which ETF is better, RSSB or SPHQ?

On 1-year performance, RSSB leads with 24.37% vs 24.32% for SPHQ. On fees, SPHQ is cheaper at 0.15% per year. On volatility, SPHQ has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSSB or SPHQ?

Over the 1-year period, RSSB has performed better with a 24.37% return vs 24.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSSB or SPHQ?

SPHQ is cheaper with a 0.15% expense ratio, compared with 0.39% for RSSB.

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

RSSB has the higher dividend yield at 3.20%, compared with 1.03% for SPHQ.

What is the main difference between RSSB and SPHQ?

RSSB is categorized as Global Allocation, while SPHQ is S&P 500. They also come from different issuers: Return Stacked and Invesco. Their fees differ too: 0.39% for RSSB and 0.15% for SPHQ.

Which has better risk-adjusted returns?

SPHQ currently has the higher Sharpe Ratio (1.85 vs 1.53), 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.