VUSE vs. RNIN

Last updated Jun 4, 2026

VUSE (Vident U.S. Equity Strategy ETF) and RNIN (Bushido Capital US SMID Cap Equity ETF) are both Mid Cap Value Equities funds. VUSE is passively managed, while RNIN is actively managed. Over the past year, VUSE returned 18.48% vs 28.56% for RNIN. A 0.71 correlation means they provide meaningful diversification when combined. VUSE charges 0.50%/yr vs 0.68%/yr for RNIN.

Performance

VUSE vs. RNIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vident U.S. Equity Strategy ETF (VUSE) and Bushido Capital US SMID Cap Equity ETF (RNIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSE achieves a 9.45% return, which is significantly lower than RNIN's 15.93% return.

VUSE

• 1D: -0.51%
• 1M: 5.30%
• YTD: 9.45%
• 6M: 9.20%
• 1Y: 18.48%
• 3Y*: 17.51%
• 5Y*: 10.93%
• 10Y*: 12.38%

RNIN

• 1D: -1.25%
• 1M: 1.27%
• YTD: 15.93%
• 6M: 14.64%
• 1Y: 28.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUSE vs. RNIN - Yearly Performance Comparison

	2026 (YTD)	2025
VUSE Vident U.S. Equity Strategy ETF	9.45%	8.85%
RNIN Bushido Capital US SMID Cap Equity ETF	15.93%	10.27%

Correlation

The correlation between VUSE and RNIN is 0.70, 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	0.70
Correlation (All Time) Calculated using the full available price history since May 16, 2025	0.71

The correlation between VUSE and RNIN has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.

Return for Risk

VUSE vs. RNIN — Risk / Return Rank

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

VUSE

VUSE Risk / Return Rank: 42
VUSE Sharpe Ratio Rank: 42
VUSE Sortino Ratio Rank: 41
VUSE Omega Ratio Rank: 39
VUSE Calmar Ratio Rank: 41
VUSE Martin Ratio Rank: 45

RNIN

RNIN Risk / Return Rank: 70
RNIN Sharpe Ratio Rank: 58
RNIN Sortino Ratio Rank: 61
RNIN Omega Ratio Rank: 56
RNIN Calmar Ratio Rank: 88
RNIN Martin Ratio Rank: 86

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.

VUSE vs. RNIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vident U.S. Equity Strategy ETF (VUSE) and Bushido Capital US SMID Cap Equity ETF (RNIN). 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.

	VUSE	RNIN	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.93	-0.46
Sortino ratio: Return per unit of downside risk	2.10	2.82	-0.72
Omega ratio: Gain probability vs. loss probability	1.26	1.34	-0.08
Calmar ratio: Return relative to maximum drawdown	2.00	5.04	-3.04
Martin ratio: Return relative to average drawdown	7.45	17.82	-10.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUSE vs. RNIN - Sharpe Ratio Comparison

The current VUSE Sharpe Ratio is 1.47, which is comparable to the RNIN Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of VUSE and RNIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VUSE	RNIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	1.93	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	1.78	-1.24

Drawdowns

VUSE vs. RNIN - Drawdown Comparison

The maximum VUSE drawdown since its inception was -43.92%, which is greater than RNIN's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VUSE and RNIN.

Drawdown Indicators

	VUSE	RNIN	Difference
Max Drawdown Largest peak-to-trough decline	-43.92%	-5.70%	-38.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-5.70%	-3.58%
Max Drawdown (3Y) Largest decline over 3 years	-18.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.92%	—	—
Current Drawdown Current decline from peak	-0.86%	-2.55%	+1.69%
Average Drawdown Average peak-to-trough decline	-5.62%	-1.24%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	1.61%	+0.87%

Volatility

VUSE vs. RNIN - Volatility Comparison

The current volatility for Vident U.S. Equity Strategy ETF (VUSE) is 2.99%, while Bushido Capital US SMID Cap Equity ETF (RNIN) has a volatility of 4.94%. This indicates that VUSE experiences smaller price fluctuations and is considered to be less risky than RNIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUSE	RNIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.99%	4.94%	-1.95%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	10.50%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.64%	14.87%	-2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	14.97%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	14.97%	+5.24%

VUSE vs. RNIN - Expense Ratio Comparison

VUSE has a 0.50% expense ratio, which is lower than RNIN's 0.68% expense ratio.

Dividends

VUSE vs. RNIN - Dividend Comparison

VUSE's dividend yield for the trailing twelve months is around 0.44%, less than RNIN's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RNIN Bushido Capital US SMID Cap Equity ETF	0.76%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUSE Vident U.S. Equity Strategy ETF	0.44%	0.47%	0.84%	1.15%	1.57%	1.16%	1.33%	1.61%	1.55%	1.16%	1.25%	1.73%

Frequently Asked Questions

Can I hold both VUSE and RNIN in my portfolio?

VUSE and RNIN have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VUSE or RNIN?

RNIN has higher volatility (4.94%) compared to VUSE (2.99%). In terms of maximum drawdown, VUSE dropped -43.92% vs RNIN's -5.70%.

Which ETF is better, VUSE or RNIN?

On 1-year performance, RNIN leads with 28.56% vs 18.48% for VUSE. On fees, VUSE is cheaper at 0.50% per year. On volatility, VUSE has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VUSE or RNIN?

Over the 1-year period, RNIN has performed better with a 28.56% return vs 18.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VUSE or RNIN?

VUSE is cheaper with a 0.50% expense ratio, compared with 0.68% for RNIN.

Which ETF pays a higher dividend yield, VUSE or RNIN?

RNIN has the higher dividend yield at 0.76%, compared with 0.44% for VUSE.

What is the main difference between VUSE and RNIN?

They also come from different issuers: Vident and Bushido. Their fees differ too: 0.50% for VUSE and 0.68% for RNIN.

Which has better risk-adjusted returns?

RNIN currently has the higher Sharpe Ratio (1.93 vs 1.47), 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.