WBIY vs. RNIN

Last updated Jun 5, 2026

WBIY (WBI Power Factor High Dividend ETF) and RNIN (Bushido Capital US SMID Cap Equity ETF) are both Mid Cap Value Equities funds. WBIY is passively managed, while RNIN is actively managed. Over the past year, WBIY returned 27.44% vs 30.16% for RNIN. A 0.72 correlation means they provide meaningful diversification when combined. WBIY charges 0.97%/yr vs 0.68%/yr for RNIN.

Performance

WBIY vs. RNIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI Power Factor High Dividend ETF (WBIY) 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, WBIY achieves a 10.76% return, which is significantly lower than RNIN's 17.06% return.

WBIY

• 1D: 0.69%
• 1M: 2.63%
• YTD: 10.76%
• 6M: 11.81%
• 1Y: 27.44%
• 3Y*: 17.19%
• 5Y*: 9.29%
• 10Y*: —

RNIN

• 1D: 0.98%
• 1M: 2.49%
• YTD: 17.06%
• 6M: 16.05%
• 1Y: 30.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WBIY vs. RNIN - Yearly Performance Comparison

	2026 (YTD)	2025
WBIY WBI Power Factor High Dividend ETF	10.76%	13.36%
RNIN Bushido Capital US SMID Cap Equity ETF	17.06%	10.27%

Correlation

The correlation between WBIY and RNIN is 0.71, 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	0.71
Correlation (All Time) Calculated using the full available price history since May 16, 2025	0.72

The correlation between WBIY and RNIN has been stable across timeframes, ranging from 0.71 to 0.72 - a consistent structural relationship.

Return for Risk

WBIY vs. RNIN — Risk / Return Rank

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

WBIY

WBIY Risk / Return Rank: 62
WBIY Sharpe Ratio Rank: 54
WBIY Sortino Ratio Rank: 62
WBIY Omega Ratio Rank: 53
WBIY Calmar Ratio Rank: 81
WBIY Martin Ratio Rank: 60

RNIN

RNIN Risk / Return Rank: 73
RNIN Sharpe Ratio Rank: 62
RNIN Sortino Ratio Rank: 65
RNIN Omega Ratio Rank: 59
RNIN Calmar Ratio Rank: 90
RNIN Martin Ratio Rank: 88

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.

WBIY vs. RNIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI Power Factor High Dividend ETF (WBIY) 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.

	WBIY	RNIN	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.04	-0.21
Sortino ratio: Return per unit of downside risk	2.87	2.96	-0.09
Omega ratio: Gain probability vs. loss probability	1.33	1.36	-0.03
Calmar ratio: Return relative to maximum drawdown	4.16	5.32	-1.16
Martin ratio: Return relative to average drawdown	10.49	18.78	-8.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBIY vs. RNIN - Sharpe Ratio Comparison

The current WBIY Sharpe Ratio is 1.83, which is comparable to the RNIN Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of WBIY 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

	WBIY	RNIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.04	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	1.85	-1.47

Drawdowns

WBIY vs. RNIN - Drawdown Comparison

The maximum WBIY drawdown since its inception was -48.71%, which is greater than RNIN's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for WBIY and RNIN.

Drawdown Indicators

	WBIY	RNIN	Difference
Max Drawdown Largest peak-to-trough decline	-48.71%	-5.70%	-43.01%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-5.70%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-19.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.97%	—	—
Current Drawdown Current decline from peak	-1.15%	-1.59%	+0.44%
Average Drawdown Average peak-to-trough decline	-7.11%	-1.24%	-5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	1.61%	+1.01%

Volatility

WBIY vs. RNIN - Volatility Comparison

The current volatility for WBI Power Factor High Dividend ETF (WBIY) is 3.67%, while Bushido Capital US SMID Cap Equity ETF (RNIN) has a volatility of 5.01%. This indicates that WBIY 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

	WBIY	RNIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	5.01%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	8.92%	10.52%	-1.60%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	14.87%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	14.97%	+3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.65%	14.97%	+7.68%

WBIY vs. RNIN - Expense Ratio Comparison

WBIY has a 0.97% expense ratio, which is higher than RNIN's 0.68% expense ratio.

Dividends

WBIY vs. RNIN - Dividend Comparison

WBIY's dividend yield for the trailing twelve months is around 4.38%, more than RNIN's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
WBIY WBI Power Factor High Dividend ETF	4.38%	4.73%	4.57%	4.87%	4.40%	3.94%	5.10%	4.54%	3.25%	5.84%	0.01%

Frequently Asked Questions

Can I hold both WBIY and RNIN in my portfolio?

WBIY and RNIN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBIY or RNIN?

RNIN has higher volatility (5.01%) compared to WBIY (3.67%). In terms of maximum drawdown, WBIY dropped -48.71% vs RNIN's -5.70%.

Which ETF is better, WBIY or RNIN?

On 1-year performance, RNIN leads with 30.16% vs 27.44% for WBIY. On fees, RNIN is cheaper at 0.68% per year. On volatility, WBIY has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WBIY or RNIN?

Over the 1-year period, RNIN has performed better with a 30.16% return vs 27.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WBIY or RNIN?

RNIN is cheaper with a 0.68% expense ratio, compared with 0.97% for WBIY.

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

WBIY has the higher dividend yield at 4.38%, compared with 0.76% for RNIN.

What is the main difference between WBIY and RNIN?

They also come from different issuers: WBI and Bushido. Their fees differ too: 0.97% for WBIY and 0.68% for RNIN.

Which has better risk-adjusted returns?

RNIN currently has the higher Sharpe Ratio (2.04 vs 1.83), 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.