If you are not going to use the rear folded backup for anything other than true back up and at close range, you don't meed elevation adjustment. You do need absolute dependability. For me that means that in that emergency when the backup is all you have and it must be deployed, you don't want to run the risk of it being damaged if struck while in the up position. Only a few sights will deflect under those conditions. Most lock upright and will bend or break if struck hard.
One of the few that will deflect and transfer the energy away from the sight and back down to the rifle upper, is the simple, Magpul MBUS, either the polymer or the MBUS Pro made of metal. Both will deflect. These are incredibly durable sights and are virtually indestructible.
If you need a rear sight that both deflects on impact and has elevation, then get the KAC adjustable. It is expensive, but combines both attributes.
For me the polymer Magpul at about $55 is exactly what I need. Nothing more, nothing less, and widely available.