RSST vs. USO
RSST (Return Stacked U.S. Stocks & Managed Futures ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - RSST is a Large Cap Blend Equities fund actively managed by Return Stacked, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. RSST is actively managed, while USO is passively managed. Over the past year, RSST returned 56.70% vs 101.55% for USO. At a 0.00 correlation, their price movements are largely independent. RSST charges 1.04%/yr vs 0.86%/yr for USO.
Performance
RSST vs. USO - Performance Comparison
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Returns By Period
In the year-to-date period, RSST achieves a 21.45% return, which is significantly lower than USO's 103.67% return.
RSST
- 1D
- -0.95%
- 1M
- 7.80%
- YTD
- 21.45%
- 6M
- 23.86%
- 1Y
- 56.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USO
- 1D
- 2.62%
- 1M
- -4.57%
- YTD
- 103.67%
- 6M
- 99.35%
- 1Y
- 101.55%
- 3Y*
- 29.98%
- 5Y*
- 24.41%
- 10Y*
- 4.07%
RSST vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RSST Return Stacked U.S. Stocks & Managed Futures ETF | 21.45% | 19.91% | 18.37% | 1.56% |
USO United States Oil Fund LP | 103.67% | -8.46% | 13.35% | -15.12% |
Correlation
The correlation between RSST and USO is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2023 | 0.00 |
The correlation between RSST and USO shifts across timeframes, from -0.17 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RSST vs. USO — Risk / Return Rank
RSST
USO
RSST vs. USO - 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 United States Oil Fund LP (USO). 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.
| RSST | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | 5.01 | -0.14 |
| Martin ratioReturn relative to average drawdown | 17.18 | 9.42 | +7.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RSST | USO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.57 | 2.31 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | -0.18 | +1.12 |
Drawdowns
RSST vs. USO - Drawdown Comparison
The maximum RSST drawdown since its inception was -30.80%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for RSST and USO.
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Drawdown Indicators
| RSST | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.80% | -98.19% | +67.39% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -20.39% | +8.68% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.75% | — |
Current DrawdownCurrent decline from peak | -0.95% | -85.01% | +84.06% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -75.30% | +69.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 10.82% | -7.51% |
Volatility
RSST vs. USO - Volatility Comparison
The current volatility for Return Stacked U.S. Stocks & Managed Futures ETF (RSST) is 4.16%, while United States Oil Fund LP (USO) has a volatility of 14.87%. This indicates that RSST experiences smaller price fluctuations and is considered to be less risky than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RSST | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 14.87% | -10.71% |
Volatility (6M)Calculated over the trailing 6-month period | 15.34% | 38.23% | -22.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 44.20% | -22.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.16% | 36.06% | -11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 39.00% | -14.84% |
RSST vs. USO - Expense Ratio Comparison
RSST has a 1.04% expense ratio, which is higher than USO's 0.86% expense ratio.
Dividends
RSST vs. USO - Dividend Comparison
RSST's dividend yield for the trailing twelve months is around 0.92%, while USO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
RSST Return Stacked U.S. Stocks & Managed Futures ETF | 0.92% | 1.12% | 0.09% | 0.93% |
USO United States Oil Fund LP | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RSST and USO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USO has higher volatility (14.87%) compared to RSST (4.16%). In terms of maximum drawdown, RSST dropped -30.80% vs USO's -98.19%.
On 1-year performance, USO leads with 101.55% vs 56.70% for RSST. On fees, USO is cheaper at 0.86% per year. On volatility, RSST has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USO has performed better with a 101.55% return vs 56.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USO is cheaper with a 0.86% expense ratio, compared with 1.04% for RSST.
RSST has the higher dividend yield at 0.92%, compared with 0.00% for USO.
RSST is categorized as Large Cap Blend Equities, while USO is Oil & Gas. They also come from different issuers: Return Stacked and USCF. Their fees differ too: 1.04% for RSST and 0.86% for USO.
RSST currently has the higher Sharpe Ratio (2.57 vs 2.31), 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.
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