VTWO vs. RB
VTWO (Vanguard Russell 2000 ETF) and RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) are both exchange-traded funds - VTWO is a Small Cap Blend Equities fund tracking the Russell 2000 Index, while RB is a Defined Outcome fund tracking the Russell 2000. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. VTWO charges 0.10%/yr vs 0.58%/yr for RB.
Performance
VTWO vs. RB - Performance Comparison
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Returns By Period
In the year-to-date period, VTWO achieves a 17.08% return, which is significantly higher than RB's 6.76% return.
VTWO
- 1D
- -1.38%
- 1M
- 3.51%
- YTD
- 17.08%
- 6M
- 15.89%
- 1Y
- 39.34%
- 3Y*
- 18.11%
- 5Y*
- 6.28%
- 10Y*
- 11.07%
RB
- 1D
- -0.17%
- 1M
- 1.63%
- YTD
- 6.76%
- 6M
- 8.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VTWO vs. RB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VTWO Vanguard Russell 2000 ETF | 17.08% | 15.18% |
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.76% | 10.58% |
Correlation
The correlation between VTWO and RB is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.81 |
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Return for Risk
VTWO vs. RB — Risk / Return Rank
VTWO
RB
VTWO vs. RB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 2000 ETF (VTWO) and ProShares Russell 2000 Dynamic Daily Buffer ETF (RB). 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.
| VTWO | RB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | — | — |
| Martin ratioReturn relative to average drawdown | 12.79 | — | — |
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
| VTWO | RB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 3.15 | -2.63 |
Drawdowns
VTWO vs. RB - Drawdown Comparison
The maximum VTWO drawdown since its inception was -41.19%, which is greater than RB's maximum drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for VTWO and RB.
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Drawdown Indicators
| VTWO | RB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.19% | -1.70% | -39.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -27.57% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.19% | — | — |
Current DrawdownCurrent decline from peak | -1.50% | -0.47% | -1.03% |
Average DrawdownAverage peak-to-trough decline | -8.39% | -0.41% | -7.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | — | — |
Volatility
VTWO vs. RB - Volatility Comparison
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Volatility by Period
| VTWO | RB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.12% | 6.21% | +12.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 6.21% | +16.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 6.21% | +16.87% |
VTWO vs. RB - Expense Ratio Comparison
VTWO has a 0.10% expense ratio, which is lower than RB's 0.58% expense ratio.
Dividends
VTWO vs. RB - Dividend Comparison
VTWO's dividend yield for the trailing twelve months is around 1.08%, less than RB's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 2.00% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTWO Vanguard Russell 2000 ETF | 1.08% | 1.25% | 1.21% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% |
Frequently Asked Questions
VTWO and RB have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VTWO is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VTWO is cheaper with a 0.10% expense ratio, compared with 0.58% for RB.
RB has the higher dividend yield at 2.00%, compared with 1.08% for VTWO.
VTWO is categorized as Small Cap Blend Equities, while RB is Defined Outcome. VTWO tracks Russell 2000 Index, while RB tracks Russell 2000. They also come from different issuers: Vanguard and ProShares. Their fees differ too: 0.10% for VTWO and 0.58% for RB.
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