RSBT vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricRSBTSPYWinner
Expense Ratio1.01%0.09%
AUM$138M$789.1B
Dividend Yield3.02%1.01%
Holdings30505
YTD Return+3.54%+13.10%
1Y Return+17.12%+22.80%
3Y Return (annualized)+2.39%+20.98%
5Y Return (annualized)-+13.20%
Volatility (annualized)11.3%15.3%
Max Drawdown-23.6%-56.5%
Fund FamilyReturn Stacked ETFState Street Investment Management
CategoryFixed IncomeEquity
InceptionFeb 7, 2023Jan 22, 1993

RSBT vs SPY Performance

Return Stacked Bonds & Managed Futures ETF (RSBT) is a ETF from Return Stacked ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RSBT returned +17.12% while SPY returned +22.80%. Year to date, RSBT is up 3.54% versus a gain of 13.10% for SPY.

Over three years, RSBT compounded at +2.39% per year against +20.98% for SPY. Across the full 4-year window we track, SPY has the edge at +8.83% annualized vs -1.25%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.3% for RSBT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -23.6% for RSBT and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

RSBT charges 1.01% per year while SPY charges 0.09%. On a $10,000 position that is $101 vs $9 annually, a gap of $92 per year that compounds over a long holding period. On income, RSBT currently yields 3.02% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

RSBT and SPY share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, RSBT or SPY?

RSBT has an expense ratio of 1.01% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, RSBT or SPY?

Over the past year RSBT returned +17.12% vs +22.80% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), RSBT annualized -1.25% vs +8.83% for SPY. Past performance does not guarantee future results.

Which is riskier, RSBT or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 11.3% for RSBT. Worst drawdown: RSBT -23.6% vs SPY -56.5%.

Should I hold both RSBT and SPY?

RSBT and SPY have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RSBT and SPY?

RSBT and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, RSBT or SPY?

RSBT yields 3.02% while SPY yields 1.01%, so RSBT currently pays the higher dividend yield.

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