Bushido Capital US SMID Cap Equity ETF (RNIN) Performance
RNIN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +41.0% since Dec 31, 2025
- 1 year
- +42.7% total return
- Since first price
- +55.4% since 2025
RNIN trailing returns vs SPY, QQQ, AGG
| Period | RNIN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.5% | +7.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +16.6% | +16.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +26.2% | +25.8% | +7.8% | +8.4% | −1.5% |
| YTD | +41.0% | +40.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +42.7% | +41.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 15, 2025 | +55.4% | +53.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RNIN vs SPY
From May 15, 2025: RNIN grew to $15,544, SPY to $13,084.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RNIN returns by calendar year
2026 is year to date.
RNIN annual returns table
| Year | RNIN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +41.0% | −8.3% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RNIN risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +31.9% |
| Volatility (annualized) | 14.5% |
| Sharpe ratio | 1.74 |
| Sortino ratio | 3.84 |
| Best month | +11.3% |
| Worst month | −7.1% |
| Best 12 months | +42.1% |
| Worst 12 months | +26.4% |
| Positive months | 81% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RNIN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 6 | +26.4% | +35.3% | +44.6% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
RNIN performance overview
Bushido Capital US SMID Cap Equity ETF (RNIN) returned +42.7% over the past year, with distributions reinvested. Since its first recorded price on May 15, 2025 it has returned +55.4%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: RNIN chart, RNIN holdings, RNIN dividends, RNIN valuation. See the RNIN overview for the latest quote and fund facts.
RNIN performance FAQ
What is the RNIN return over the past year?
RNIN returned +42.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 41.3%.
How much would $10,000 invested in RNIN be worth?
$10,000 invested in RNIN at its first recorded close on May 15, 2025 would be worth about $15,544 on October 23, 2026 with distributions reinvested.
How volatile is RNIN?
Over the past history RNIN had an annualized volatility of 14.5% and a Sharpe ratio of 1.74 (excess return over 1–3 month T-bills per unit of risk).