RSST vs. BDRY

Last updated Jun 24, 2026

RSST (Return Stacked U.S. Stocks & Managed Futures ETF) and BDRY (Breakwave Dry Bulk Shipping ETF) are both exchange-traded funds - RSST is a Large Cap Blend Equities fund actively managed by Return Stacked, while BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index. RSST is actively managed, while BDRY is passively managed. Over the past year, RSST returned 46.58% vs 103.63% for BDRY. At a correlation of -0.05, they often move in opposite directions. RSST charges 0.99%/yr vs 3.76%/yr for BDRY.

Performance

RSST vs. BDRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked U.S. Stocks & Managed Futures ETF (RSST) and Breakwave Dry Bulk Shipping ETF (BDRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSST achieves a 13.30% return, which is significantly lower than BDRY's 34.21% return.

RSST

• 1D: -2.52%
• 1M: -4.55%
• YTD: 13.30%
• 6M: 11.00%
• 1Y: 46.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDRY

• 1D: 1.64%
• 1M: -7.14%
• YTD: 34.21%
• 6M: 34.67%
• 1Y: 103.63%
• 3Y*: 24.09%
• 5Y*: -16.41%
• 10Y*: —

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

RSST vs. BDRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSST Return Stacked U.S. Stocks & Managed Futures ETF	13.30%	19.91%	18.37%	1.58%
BDRY Breakwave Dry Bulk Shipping ETF	34.21%	44.24%	-47.40%	135.92%

Correlation

The correlation between RSST and BDRY is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Sep 6, 2023	-0.05

Return for Risk

RSST vs. BDRY — Risk / Return Rank

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

RSST

RSST Risk / Return Rank: 65
RSST Sharpe Ratio Rank: 63
RSST Sortino Ratio Rank: 51
RSST Omega Ratio Rank: 57
RSST Calmar Ratio Rank: 80
RSST Martin Ratio Rank: 72

BDRY

BDRY Risk / Return Rank: 75
BDRY Sharpe Ratio Rank: 82
BDRY Sortino Ratio Rank: 67
BDRY Omega Ratio Rank: 63
BDRY Calmar Ratio Rank: 88
BDRY Martin Ratio Rank: 76

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.

RSST vs. BDRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked U.S. Stocks & Managed Futures ETF (RSST) and Breakwave Dry Bulk Shipping ETF (BDRY). 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.

	RSST	BDRY	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.48	-0.49
Sortino ratio: Return per unit of downside risk	2.39	2.90	-0.51
Omega ratio: Gain probability vs. loss probability	1.34	1.36	-0.02
Calmar ratio: Return relative to maximum drawdown	4.00	4.82	-0.83
Martin ratio: Return relative to average drawdown	12.94	13.59	-0.65

RSST vs. BDRY - Sharpe Ratio Comparison

The current RSST Sharpe Ratio is 1.98, which is comparable to the BDRY Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of RSST and BDRY, 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

RSST vs. BDRY - Drawdown Comparison

The maximum RSST drawdown since its inception was -30.80%, smaller than the maximum BDRY drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for RSST and BDRY.

Drawdown Indicators

	RSST	BDRY	Difference
Max Drawdown Largest peak-to-trough decline	-30.80%	-89.16%	+58.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-21.60%	+9.89%
Max Drawdown (3Y) Largest decline over 3 years	—	-69.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-89.16%	—
Current Drawdown Current decline from peak	-7.59%	-71.65%	+64.06%
Average Drawdown Average peak-to-trough decline	-6.02%	-58.43%	+52.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	7.65%	-4.04%

Volatility

RSST vs. BDRY - Volatility Comparison

Return Stacked U.S. Stocks & Managed Futures ETF (RSST) has a higher volatility of 9.44% compared to Breakwave Dry Bulk Shipping ETF (BDRY) at 7.30%. This indicates that RSST's price experiences larger fluctuations and is considered to be riskier than BDRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSST	BDRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.44%	7.30%	+2.14%
Volatility (6M) Calculated over the trailing 6-month period	17.32%	29.14%	-11.82%
Volatility (1Y) Calculated over the trailing 1-year period	23.60%	42.10%	-18.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.50%	60.24%	-35.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.50%	62.40%	-37.90%

RSST vs. BDRY - Expense Ratio Comparison

RSST has a 0.99% expense ratio, which is lower than BDRY's 3.76% expense ratio.

Dividends

RSST vs. BDRY - Dividend Comparison

RSST's dividend yield for the trailing twelve months is around 0.99%, while BDRY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BDRY Breakwave Dry Bulk Shipping ETF	0.00%	0.00%	0.00%	0.00%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	0.99%	1.12%	0.09%	0.93%

Frequently Asked Questions

Can I hold both RSST and BDRY in my portfolio?

RSST and BDRY have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSST or BDRY?

RSST has higher volatility (9.44%) compared to BDRY (7.30%). In terms of maximum drawdown, RSST dropped -30.80% vs BDRY's -89.16%.

Which ETF is better, RSST or BDRY?

On 1-year performance, BDRY leads with 103.63% vs 46.58% for RSST. On fees, RSST is cheaper at 0.99% per year. On volatility, BDRY has been the lower-risk option at 7.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSST or BDRY?

Over the 1-year period, BDRY has performed better with a 103.63% return vs 46.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSST or BDRY?

RSST is cheaper with a 0.99% expense ratio, compared with 3.76% for BDRY.

Which ETF pays a higher dividend yield, RSST or BDRY?

RSST has the higher dividend yield at 0.99%, compared with 0.00% for BDRY.

What is the main difference between RSST and BDRY?

RSST is categorized as Large Cap Blend Equities, while BDRY is Commodities. They also come from different issuers: Return Stacked and ETFMG. Their fees differ too: 0.99% for RSST and 3.76% for BDRY.

Which has better risk-adjusted returns?

BDRY currently has the higher Sharpe Ratio (2.48 vs 1.98), 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.