RSSX vs. SPLS

Last updated Jun 5, 2026

RSSX (Return Stacked U.S. Stocks & Gold/Bitcoin ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. RSSX charges 0.68%/yr vs 0.18%/yr for SPLS.

Performance

RSSX vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked U.S. Stocks & Gold/Bitcoin ETF (RSSX) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RSSX

• 1D: -0.12%
• 1M: -5.07%
• YTD: 1.14%
• 6M: 0.61%
• 1Y: 27.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPLS

• 1D: 0.35%
• 1M: 4.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSSX vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
RSSX Return Stacked U.S. Stocks & Gold/Bitcoin ETF	-6.60%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	9.75%

Correlation

The correlation between RSSX and SPLS 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 (All Time) Calculated using the full available price history since Jan 20, 2026	0.75

Return for Risk

RSSX vs. SPLS — Risk / Return Rank

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

RSSX

RSSX Risk / Return Rank: 25
RSSX Sharpe Ratio Rank: 26
RSSX Sortino Ratio Rank: 25
RSSX Omega Ratio Rank: 26
RSSX Calmar Ratio Rank: 23
RSSX Martin Ratio Rank: 23

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.

RSSX vs. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked U.S. Stocks & Gold/Bitcoin ETF (RSSX) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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.

	RSSX	SPLS	Difference
Sharpe ratio: Return per unit of total volatility	0.88	—	—
Sortino ratio: Return per unit of downside risk	1.32	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.03	—	—
Martin ratio: Return relative to average drawdown	2.94	—	—
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

	RSSX	SPLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	1.88	-0.90

Drawdowns

RSSX vs. SPLS - Drawdown Comparison

The maximum RSSX drawdown since its inception was -27.37%, which is greater than SPLS's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for RSSX and SPLS.

Drawdown Indicators

	RSSX	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	-27.37%	-9.24%	-18.13%
Max Drawdown (1Y) Largest decline over 1 year	-27.37%	—	—
Current Drawdown Current decline from peak	-15.52%	-0.31%	-15.21%
Average Drawdown Average peak-to-trough decline	-6.76%	-1.84%	-4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.54%	—	—

Volatility

Volatility by Period

	RSSX	SPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.81%	14.94%	+16.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.74%	14.94%	+16.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.74%	14.94%	+16.80%

RSSX vs. SPLS - Expense Ratio Comparison

RSSX has a 0.68% expense ratio, which is higher than SPLS's 0.18% expense ratio.

Dividends

RSSX vs. SPLS - Dividend Comparison

RSSX's dividend yield for the trailing twelve months is around 1.53%, more than SPLS's 0.22% yield.

Position	TTM	2025
RSSX Return Stacked U.S. Stocks & Gold/Bitcoin ETF	1.53%	1.54%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.22%	0.00%

Frequently Asked Questions

Can I hold both RSSX and SPLS in my portfolio?

RSSX and SPLS 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 ETF is better, RSSX or SPLS?

On fees, SPLS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RSSX or SPLS?

SPLS is cheaper with a 0.18% expense ratio, compared with 0.68% for RSSX.

Which ETF pays a higher dividend yield, RSSX or SPLS?

RSSX has the higher dividend yield at 1.53%, compared with 0.22% for SPLS.

What is the main difference between RSSX and SPLS?

They also come from different issuers: Return Stacked and PIMCO. Their fees differ too: 0.68% for RSSX and 0.18% for SPLS.