DFNL vs RSST

Comparison between DAVIS SELECT FINANCIAL ETF (DFNL, ETF) and RETURN STACKED(R) U.S. STOCKS & MANAGED FUTURES ETF (RSST, ETF).

DFNL vs RSST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFNL(ETF)	RSST(ETF)
Net Assets	$480M	$480M
Expense Ratio	0.61%	0.99%
Max Drawdown	45.70%	30.87%
Sharpe Ratio	0.87	1.48
5Y Beta	0.79	1.31
P/E Ratio	16.06	N/A
Forward P/E	12.95	N/A
PEG Ratio	-0.16	N/A
5Y Dividends CAGR	13.72%	N/A
5Y EPS CAGR	8.58%	N/A
Debt to Equity	48.95%	N/A
P/S Ratio	2.56	N/A
P/B Ratio	1.53	N/A

Net Assets

DFNL

$480M

Winner

RSST

$480M

Expense Ratio

Winner

DFNL

0.61%

RSST

0.99%

Max Drawdown

DFNL

45.70%

Winner

RSST

30.87%

Sharpe Ratio

DFNL

0.87

Winner

RSST

1.48

5Y Beta

Winner

DFNL

0.79

RSST

1.31

P/E Ratio

DFNL

16.06

RSST

N/A

Forward P/E

DFNL

12.95

RSST

N/A

PEG Ratio

DFNL

-0.16

RSST

N/A

5Y Dividends CAGR

DFNL

13.72%

RSST

N/A

5Y EPS CAGR

DFNL

8.58%

RSST

N/A

Debt to Equity

DFNL

48.95%

RSST

N/A

P/S Ratio

DFNL

2.56

RSST

N/A

P/B Ratio

DFNL

1.53

RSST

N/A

DFNL vs RSST - Holdings Comparison

DFNL and RSST have 1 common holdings. Overlap is -26.18%

DFNL's top 25 holdings weight is 94.65%. RSST's top 25 holdings weight is 346.74%.

Rank	DFNL	RSST
#1	CAPITAL ONE FINANCIAL CORP (COF) - 10.49%	CASH OFFSET (n/a) - 129.13%
#2	U.S. BANCORP (USB) - 6.33%	STATE STREET® SPDR® PORT S&P 500® ETF (SPYM) - 73.93%
#3	FIFTH THIRD BANCORP (FITB) - 6.10%	E-MINI S&P 500 FUTURE SEPT 26 (n/a) - 37.78%
#4	MARKEL GROUP INC (MKL) - 6.03%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 15.49%
#5	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 5.11%	AUSTRALIAN DOLLAR FUTURE SEPT 26 (n/a) - 13.47%
#6	WELLS FARGO & CO (WFC) - 4.98%	FTSE 100 INDEX FUTURE SEPT 26 (n/a) - 12.05%
#7	PNC FINANCIAL SERVICES GROUP INC (PNC) - 4.94%	OTHER ASSETS AND LIABILITIES (n/a) - 9.14%
#8	JULIUS BAER GRUPPE AG (n/a) - 4.50%	S&P TSX 60 INDEX FUTURE SEPT 26 (n/a) - 8.54%
#9	CHUBB LTD (CB) - 4.45%	BRITISH POUND FUTURE SEPT 26 (n/a) - 6.24%
#10	JPMORGAN CHASE & CO (JPM) - 4.32%	DAX FUTURE SEPT 26 (n/a) - 6.18%
#11	AMERICAN EXPRESS CO (AXP) - 3.60%	E-MINI NASDAQ 100 FUTURE SEPT 26 (n/a) - 5.18%
#12	LOEWS CORP (L) - 3.08%	EURO STOXX 50 FUTURE SEPT 26 (n/a) - 4.89%
#13	RENAISSANCERE HOLDINGS LTD (RNR) - 2.99%	COPPER FUTURE SEPT 26 (n/a) - 3.34%
#14	DBS GROUP HOLDINGS LTD (n/a) - 2.98%	SOYBEAN FUTURE JAN 27 (n/a) - 2.93%
#15	ROCKET COMPANIES INC ORDINARY SHARES CLASS A (RKT) - 2.59%	RBOB GASOLINE FUTURE AUG 26 (n/a) - 2.86%
#16	DANSKE BANK AS (n/a) - 2.58%	NIKKEI/USD FUTURE SEPT 26 (n/a) - 2.77%
#17	BANK OF AMERICA CORP (BAC) - 2.45%	GOLD FUTURE DEC 26 (n/a) - 2.26%
#18	BANK OF NEW YORK MELLON CORP (BNY) - 2.40%	BRENT CRUDE FUTURES AUG26 (n/a) - 1.65%
#19	EXOR NV (n/a) - 2.35%	NY HARBOR ULSD FUTURE OCT 26 (n/a) - 1.60%
#20	TRUIST FINANCIAL CORP (TFC) - 2.33%	LOW SULPHUR GAS OIL FUTURES SEPT26 (n/a) - 1.55%
#21	EVEREST GROUP LTD (EG) - 2.25%	SILVER FUTURE SEPT 26 (n/a) - 1.49%
#22	STATE STREET CORP (STT) - 2.12%	CRUDE OIL FUTURE OCT 26 (n/a) - 1.43%
#23	CHIME FINANCIAL INC ORDINARY SHARES CLASS A (CHYM) - 1.97%	CHICAGO SRW WHEAT FUTURE MAR 27 (n/a) - 1.28%
#24	BANK OF N.T BUTTERFIELD & SON LTD (n/a) - 1.91%	FUTURE ON SUGAR (n/a) - 0.97%
#25	DNB BANK ASA (n/a) - 1.80%	CORN FUTURE MAR 27 (n/a) - 0.59%
Total Holdings	31	31

DFNL vs RSST - Historical Returns

Returns include dividend reinvestment.

Period	DFNL	RSST
1 month	+0.76%	+3.31%
3 months	+11.77%	+1.06%
6 months	+10.15%	+10.34%
1 year	+16.23%	+40.49%
5 years(CAGR)	+13.00%	N/A
10 years(CAGR)	+12.62%	N/A
Max(CAGR)	+12.62%	+20.07%

DFNL

+0.76%

Winner

RSST

+3.31%

Winner

DFNL

+11.77%

RSST

+1.06%

DFNL

+10.15%

Winner

RSST

+10.34%

DFNL

+16.23%

Winner

RSST

+40.49%

5Y(CAGR)

DFNL

+13.00%

RSST

N/A

10Y(CAGR)

DFNL

+12.62%

RSST

N/A

Max(CAGR)

DFNL

+12.62%

Winner

RSST

+20.07%

DFNL vs RSST - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	DFNL	RSST
2026	+6.44%	+18.57%
2025	+29.18%	+19.84%
2024	+28.12%	+21.37%
2023	+13.50%	+1.55%
2022	-9.76%	N/A
2021	+32.55%	N/A
2020	-5.87%	N/A
2019	+26.20%	N/A
2018	-11.18%	N/A
2017	+20.47%	N/A

DFNL vs RSST Drawdown Comparison

The maximum drawdown for DFNL was -44.51%, occurring on Mar 23, 2020. Recovery took 259 trading sessions.

The maximum drawdown for RSST was -30.80%, occurring on Apr 8, 2025. Recovery took 301 trading sessions.

The current DFNL drawdown is -2.32%. The current RSST drawdown is -2.55%.

Rank	DFNL	RSST
#1	-44.51% Jan 2, 2020 - Jan 12, 2021	-30.80% Jul 10, 2024 - Sep 22, 2025
#2	-26.27% Feb 9, 2022 - Feb 29, 2024	-11.71% Jan 28, 2026 - Apr 17, 2026
#3	-21.13% Jan 26, 2018 - Nov 4, 2019	-9.61% Jun 2, 2026 - Jun 10, 2026
#4	-16.05% Feb 6, 2025 - May 13, 2025	-8.90% Nov 12, 2025 - Dec 11, 2025
#5	-12.94% Jan 6, 2026 - Jul 1, 2026	-8.34% Sep 14, 2023 - Dec 18, 2023
#6	-9.36% Oct 22, 2021 - Jan 7, 2022	-6.67% Apr 11, 2024 - May 15, 2024
#7	-8.80% Jun 4, 2021 - Aug 11, 2021	-6.54% Oct 8, 2025 - Oct 20, 2025
#8	-8.49% Jan 14, 2021 - Feb 16, 2021	-6.53% Dec 27, 2023 - Jan 29, 2024
#9	-7.94% Nov 29, 2024 - Jan 27, 2025	-5.47% May 20, 2024 - Jul 1, 2024
#10	-7.45% Jul 30, 2024 - Aug 23, 2024	-4.15% Jan 12, 2026 - Jan 26, 2026
#11	-7.09% Aug 12, 2021 - Oct 8, 2021	-3.98% Oct 29, 2025 - Nov 11, 2025
#12	-6.54% Jan 13, 2022 - Feb 9, 2022	-3.87% Dec 11, 2025 - Dec 22, 2025
#13	-6.53% Mar 28, 2024 - May 8, 2024	-3.48% Jan 29, 2024 - Feb 2, 2024
#14	-6.31% Mar 1, 2017 - Jun 13, 2017	-3.32% Dec 26, 2025 - Jan 6, 2026
#15	-5.61% Sep 18, 2025 - Nov 11, 2025	-3.20% Feb 15, 2024 - Feb 22, 2024