Rainwater Equity ETF (RW) Performance
RW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.6% since Dec 31, 2025
- 1 year
- −2.0% total return
- Since first price
- +0.5% since 2025
RW trailing returns vs SPY, QQQ, AGG
| Period | RW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.6% | +0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.0% | +4.0% | +7.8% | +8.4% | −1.5% |
| YTD | +0.6% | +0.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −2.0% | −2.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 18, 2025 | +0.5% | +0.4% | — | — | — |
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: RW vs SPY
From Jun 18, 2025: RW grew to $10,054, SPY to $12,931.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RW returns by calendar year
2026 is year to date.
RW annual returns table
| Year | RW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.6% | −17.0% | +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.
RW largest drawdowns
Now 5.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 25, 2025 | −17.0% | Mar 30, 2026 | not yet | 8 months | 1.2 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RW risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −4.8% |
| Volatility (annualized) | 12.5% |
| Sharpe ratio | -0.64 |
| Sortino ratio | -0.80 |
| Best month | +7.0% |
| Worst month | −8.9% |
| Best 12 months | −0.6% |
| Worst 12 months | −3.7% |
| Positive months | 47% |
| 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.
RW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | −3.7% | −2.0% | −0.6% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
RW performance overview
Rainwater Equity ETF (RW) returned −2.0% over the past year, with distributions reinvested. Since its first recorded price on Jun 18, 2025 it has returned +0.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.0%, from Jul 25, 2025 to Mar 30, 2026; the fund has not yet regained that high. Volatility has been 12.5% a year.
Related: RW chart, RW holdings, RW valuation. See the RW overview for the latest quote and fund facts.
RW performance FAQ
What is the RW return over the past year?
RW returned −2.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.0%.
How much would $10,000 invested in RW be worth?
$10,000 invested in RW at its first recorded close on June 18, 2025 would be worth about $10,054 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of RW?
The largest peak-to-trough decline was −17.0% between July 25, 2025 and March 30, 2026. It has not yet recovered to that high; it is 5.5% below its peak.
How volatile is RW?
Over the past history RW had an annualized volatility of 12.5% and a Sharpe ratio of -0.64 (excess return over 1–3 month T-bills per unit of risk).