RSSY vs. SPY

Last updated Jun 23, 2026

RSSY (Return Stacked US Stocks & Futures Yield ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - RSSY is a Large Cap Blend Equities fund actively managed by Return Stacked, while SPY is a S&P 500 fund tracking the S&P 500 Index. RSSY is actively managed, while SPY is passively managed. Over the past year, RSSY returned 39.37% vs 26.65% for SPY. A 0.61 correlation means they provide meaningful diversification when combined. RSSY charges 1.04%/yr vs 0.09%/yr for SPY.

Performance

RSSY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked US Stocks & Futures Yield ETF (RSSY) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSSY achieves a 30.57% return, which is significantly higher than SPY's 9.74% return.

RSSY

• 1D: -0.91%
• 1M: -0.16%
• YTD: 30.57%
• 6M: 29.69%
• 1Y: 39.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPY

• 1D: -0.31%
• 1M: 0.09%
• YTD: 9.74%
• 6M: 9.27%
• 1Y: 26.65%
• 3Y*: 21.27%
• 5Y*: 13.51%
• 10Y*: 15.70%

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

RSSY vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RSSY Return Stacked US Stocks & Futures Yield ETF	30.57%	-3.52%	1.40%
SPY State Street SPDR S&P 500 ETF	9.74%	17.72%	11.69%

Correlation

The correlation between RSSY and SPY is 0.58, 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	0.58
Correlation (All Time) Calculated using the full available price history since May 29, 2024	0.61

The correlation between RSSY and SPY has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.

Return for Risk

RSSY vs. SPY — Risk / Return Rank

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

RSSY

RSSY Risk / Return Rank: 89
RSSY Sharpe Ratio Rank: 90
RSSY Sortino Ratio Rank: 89
RSSY Omega Ratio Rank: 88
RSSY Calmar Ratio Rank: 90
RSSY Martin Ratio Rank: 87

SPY

SPY Risk / Return Rank: 68
SPY Sharpe Ratio Rank: 69
SPY Sortino Ratio Rank: 66
SPY Omega Ratio Rank: 68
SPY Calmar Ratio Rank: 63
SPY Martin Ratio Rank: 74

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.

RSSY vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked US Stocks & Futures Yield ETF (RSSY) and State Street SPDR S&P 500 ETF (SPY). 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.

	RSSY	SPY	Difference
Sharpe ratio: Return per unit of total volatility	2.94	2.16	+0.78
Sortino ratio: Return per unit of downside risk	3.93	2.91	+1.02
Omega ratio: Gain probability vs. loss probability	1.52	1.39	+0.13
Calmar ratio: Return relative to maximum drawdown	5.37	3.01	+2.36
Martin ratio: Return relative to average drawdown	18.12	13.54	+4.58

RSSY vs. SPY - Sharpe Ratio Comparison

The current RSSY Sharpe Ratio is 2.94, which is higher than the SPY Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of RSSY and SPY, 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

RSSY vs. SPY - Drawdown Comparison

The maximum RSSY drawdown since its inception was -29.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSSY and SPY.

Drawdown Indicators

	RSSY	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-55.19%	+25.62%
Max Drawdown (1Y) Largest decline over 1 year	-7.36%	-8.88%	+1.52%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-2.05%	-1.75%	-0.30%
Average Drawdown Average peak-to-trough decline	-7.22%	-9.04%	+1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.97%	+0.21%

Volatility

RSSY vs. SPY - Volatility Comparison

The current volatility for Return Stacked US Stocks & Futures Yield ETF (RSSY) is 3.44%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 4.64%. This indicates that RSSY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSSY	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	4.64%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	9.72%	9.75%	-0.03%
Volatility (1Y) Calculated over the trailing 1-year period	13.47%	12.43%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	17.14%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	17.99%	+0.27%

RSSY vs. SPY - Expense Ratio Comparison

RSSY has a 1.04% expense ratio, which is higher than SPY's 0.09% expense ratio.

Dividends

RSSY vs. SPY - Dividend Comparison

RSSY's dividend yield for the trailing twelve months is around 1.56%, more than SPY's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSSY Return Stacked US Stocks & Futures Yield ETF	1.56%	2.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.01%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both RSSY and SPY in my portfolio?

RSSY and SPY have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSSY or SPY?

SPY has higher volatility (4.64%) compared to RSSY (3.44%). In terms of maximum drawdown, RSSY dropped -29.57% vs SPY's -55.19%.

Which ETF is better, RSSY or SPY?

On 1-year performance, RSSY leads with 39.37% vs 26.65% for SPY. On fees, SPY is cheaper at 0.09% per year. On volatility, RSSY has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSSY or SPY?

Over the 1-year period, RSSY has performed better with a 39.37% return vs 26.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSSY or SPY?

SPY is cheaper with a 0.09% expense ratio, compared with 1.04% for RSSY.

Which ETF pays a higher dividend yield, RSSY or SPY?

RSSY has the higher dividend yield at 1.56%, compared with 1.01% for SPY.

What is the main difference between RSSY and SPY?

RSSY is categorized as Large Cap Blend Equities, while SPY is S&P 500. They also come from different issuers: Return Stacked and State Street. Their fees differ too: 1.04% for RSSY and 0.09% for SPY.

Which has better risk-adjusted returns?

RSSY currently has the higher Sharpe Ratio (2.94 vs 2.16), 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.