RSSL vs. OUSM

Last updated Aug 2, 2026

RSSL (Global X Russell 2000 ETF) and OUSM (OShares U.S. Small-Cap Quality Dividend ETF) are both exchange-traded funds - RSSL is a Small Cap Blend Equities fund tracking the Russell 2000 RIC Capped Index, while OUSM is a Quality Factor fund tracking the O'Shares US Small-Cap Quality Dividend Index. Both are passively managed. Over the past year, RSSL returned 36.89% vs 16.09% for OUSM. Their 0.80 correlation means they have sometimes moved together and sometimes differently. RSSL charges 0.08%/yr vs 0.48%/yr for OUSM.

Performance

RSSL vs. OUSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Russell 2000 ETF (RSSL) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSSL achieves a 18.67% return, which is significantly higher than OUSM's 12.35% return.

RSSL

• 1D: -0.53%
• 1M: -2.19%
• 6M: 12.69%
• YTD: 18.67%
• 1Y: 36.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.84%

OUSM

• 1D: -0.14%
• 1M: 1.93%
• 6M: 8.31%
• YTD: 12.35%
• 1Y: 16.09%
• 3Y*: 11.37%
• 5Y*: 8.29%
• 10Y*: —
• ALL TIME*: 9.37%

*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)
OUSM OShares U.S. Small-Cap Quality Dividend ETF	$4.75M	$3.66M	$3.05M
RSSL Global X Russell 2000 ETF	$577.43K	$3.15M	$2.35M

RSSL vs. OUSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RSSL Global X Russell 2000 ETF	18.67%	12.87%	10.21%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	12.35%	2.17%	7.84%

Correlation

The correlation between RSSL and OUSM is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (All Time) Calculated using the full available price history since Jun 5, 2024	0.80

The correlation between RSSL and OUSM shifts across timeframes, from 0.69 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

RSSL vs. OUSM - Sectors Allocation Comparison

Sectors	RSSL	OUSM
Healthcare	20.2%	8.0%
Financial Services	17.7%	21.7%
Technology	14.8%	11.4%
Industrials	14.1%	24.2%
Consumer Cyclical	9.2%	21.0%
Real Estate	6.7%	-
Energy	5.4%	0.3%
Basic Materials	4.4%	1.5%
Utilities	2.7%	4.1%
Consumer Defensive	2.6%	4.3%
Communication Services	2.2%	3.5%

Return for Risk

RSSL vs. OUSM — Risk / Return Rank

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

RSSL

RSSL Risk / Return Rank: 78
RSSL Sharpe Ratio Rank: 77
RSSL Sortino Ratio Rank: 77
RSSL Omega Ratio Rank: 70
RSSL Calmar Ratio Rank: 83
RSSL Martin Ratio Rank: 82

OUSM

OUSM Risk / Return Rank: 44
OUSM Sharpe Ratio Rank: 44
OUSM Sortino Ratio Rank: 49
OUSM Omega Ratio Rank: 42
OUSM Calmar Ratio Rank: 44
OUSM Martin Ratio Rank: 42

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.

RSSL vs. OUSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Russell 2000 ETF (RSSL) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). 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.

	RSSL	OUSM	Difference
Sharpe ratio: Return per unit of total volatility	1.78	1.09	+0.69
Sortino ratio: Return per unit of downside risk	2.52	1.74	+0.78
Omega ratio: Gain probability vs. loss probability	1.30	1.19	+0.10
Calmar ratio: Return relative to maximum drawdown	3.15	1.56	+1.58
Martin ratio: Return relative to average drawdown	11.08	4.61	+6.46

RSSL vs. OUSM - Sharpe Ratio Comparison

The current RSSL Sharpe Ratio is 1.78, which is higher than the OUSM Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of RSSL and OUSM, 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

RSSL vs. OUSM - Drawdown Comparison

The maximum RSSL drawdown since its inception was -27.79%, smaller than the maximum OUSM drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for RSSL and OUSM.

Drawdown Indicators

	RSSL	OUSM	Difference
Max Drawdown Largest peak-to-trough decline	-27.79%	-39.84%	+12.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-9.21%	-1.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.44%	—
Current Drawdown Current decline from peak	-3.07%	-1.80%	-1.27%
Average Drawdown Average peak-to-trough decline	-5.38%	-5.14%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	3.11%	-0.01%

Volatility

RSSL vs. OUSM - Volatility Comparison

Global X Russell 2000 ETF (RSSL) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM) have volatilities of 3.99% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSSL	OUSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	4.07%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	14.05%	9.31%	+4.74%
Volatility (1Y) Calculated over the trailing 1-year period	19.37%	13.17%	+6.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.12%	16.26%	+5.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.12%	18.85%	+3.27%

RSSL vs. OUSM - Expense Ratio Comparison

RSSL has a 0.08% expense ratio, which is lower than OUSM's 0.48% expense ratio.

Dividends

RSSL vs. OUSM - Dividend Comparison

RSSL's dividend yield for the trailing twelve months is around 1.24%, less than OUSM's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OUSM OShares U.S. Small-Cap Quality Dividend ETF	1.93%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%
RSSL Global X Russell 2000 ETF	1.24%	1.35%	0.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RSSL and OUSM in my portfolio?

RSSL and OUSM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSSL or OUSM?

OUSM has higher volatility (4.07%) compared to RSSL (3.99%). In terms of maximum drawdown, RSSL dropped -27.79% vs OUSM's -39.84%.

Which ETF is better, RSSL or OUSM?

On 1-year performance, RSSL leads with 36.89% vs 16.09% for OUSM. On fees, RSSL is cheaper at 0.08% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSSL or OUSM?

Over the 1-year period, RSSL has performed better with a 36.89% return vs 16.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSSL or OUSM?

RSSL is cheaper with a 0.08% expense ratio, compared with 0.48% for OUSM.

Which ETF pays a higher dividend yield, RSSL or OUSM?

OUSM has the higher dividend yield at 1.93%, compared with 1.24% for RSSL.

What is the main difference between RSSL and OUSM?

RSSL is categorized as Small Cap Blend Equities, while OUSM is Quality Factor. RSSL tracks Russell 2000 RIC Capped Index, while OUSM tracks O'Shares US Small-Cap Quality Dividend Index. They also come from different issuers: Global X and O'Shares Investments. Their fees differ too: 0.08% for RSSL and 0.48% for OUSM.

Which has better risk-adjusted returns?

RSSL currently has the higher Sharpe Ratio (1.78 vs 1.09), 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.