ADVE vs. RISR

Last updated Aug 4, 2026

ADVE (Matthews Asia Dividend Active ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - ADVE is a Asia Pacific Equities fund actively managed by Matthews, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. Both are actively managed. Over the past year, ADVE returned 32.34% vs 6.29% for RISR. Their -0.15 correlation means they have often moved in opposite directions in the past. ADVE charges 0.79%/yr vs 1.13%/yr for RISR.

Performance

ADVE vs. RISR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Asia Dividend Active ETF (ADVE) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADVE achieves a 17.57% return, which is significantly higher than RISR's 4.75% return.

ADVE

• 1D: 0.51%
• 1M: 2.20%
• 6M: 9.31%
• YTD: 17.57%
• 1Y: 32.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.35%

RISR

• 1D: -0.15%
• 1M: 1.47%
• 6M: 4.83%
• YTD: 4.75%
• 1Y: 6.29%
• 3Y*: 10.07%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADVE Matthews Asia Dividend Active ETF	$67.14K	$41.11K	$33.36K
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	$3.20M	$3.07M	$3.51M

ADVE vs. RISR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ADVE Matthews Asia Dividend Active ETF	17.57%	26.12%	7.02%	4.58%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	4.75%	4.63%	24.20%	-4.20%

Correlation

The correlation between ADVE and RISR is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.23
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	-0.15

Return for Risk

ADVE vs. RISR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ADVE

ADVE Risk / Return Rank: 69
ADVE Sharpe Ratio Rank: 66
ADVE Sortino Ratio Rank: 66
ADVE Omega Ratio Rank: 70
ADVE Calmar Ratio Rank: 74
ADVE Martin Ratio Rank: 72

RISR

RISR Risk / Return Rank: 51
RISR Sharpe Ratio Rank: 48
RISR Sortino Ratio Rank: 47
RISR Omega Ratio Rank: 46
RISR Calmar Ratio Rank: 67
RISR Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ADVE vs. RISR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Asia Dividend Active ETF (ADVE) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADVE	RISR	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.20	+0.45
Sortino ratio: Return per unit of downside risk	2.32	1.76	+0.56
Omega ratio: Gain probability vs. loss probability	1.31	1.22	+0.10
Calmar ratio: Return relative to maximum drawdown	2.77	2.42	+0.35
Martin ratio: Return relative to average drawdown	9.40	5.79	+3.61

ADVE vs. RISR - Sharpe Ratio Comparison

The current ADVE Sharpe Ratio is 1.66, which is higher than the RISR Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of ADVE and RISR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADVE vs. RISR - Drawdown Comparison

The maximum ADVE drawdown since its inception was -18.41%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for ADVE and RISR.

Drawdown Indicators

	ADVE	RISR	Difference
Max Drawdown Largest peak-to-trough decline	-18.41%	-14.31%	-4.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.73%	-2.61%	-9.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.07%	—
Current Drawdown Current decline from peak	-3.85%	-0.15%	-3.70%
Average Drawdown Average peak-to-trough decline	-3.24%	-2.12%	-1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	1.09%	+2.36%

Volatility

ADVE vs. RISR - Volatility Comparison

Matthews Asia Dividend Active ETF (ADVE) has a higher volatility of 6.54% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.13%. This indicates that ADVE's price experiences larger fluctuations and is considered to be riskier than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADVE	RISR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	1.13%	+5.41%
Volatility (6M) Calculated over the trailing 6-month period	17.35%	3.57%	+13.78%
Volatility (1Y) Calculated over the trailing 1-year period	19.67%	5.25%	+14.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	11.67%	+4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	11.67%	+4.83%

ADVE vs. RISR - Expense Ratio Comparison

ADVE has a 0.79% expense ratio, which is lower than RISR's 1.13% expense ratio.

Dividends

ADVE vs. RISR - Dividend Comparison

ADVE's dividend yield for the trailing twelve months is around 2.19%, less than RISR's 5.88% yield.

Position	TTM	2025	2024	2023	2022	2021
ADVE Matthews Asia Dividend Active ETF	2.19%	2.97%	6.00%	0.37%	0.00%	0.00%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	5.88%	5.95%	5.67%	7.96%	4.26%	0.30%

Frequently Asked Questions

Can I hold both ADVE and RISR in my portfolio?

ADVE and RISR have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADVE or RISR?

ADVE has higher volatility (6.54%) compared to RISR (1.13%). In terms of maximum drawdown, ADVE dropped -18.41% vs RISR's -14.31%.

Which ETF is better, ADVE or RISR?

On 1-year performance, ADVE leads with 32.34% vs 6.29% for RISR. On fees, ADVE is cheaper at 0.79% per year. On volatility, RISR has been the lower-risk option at 1.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ADVE or RISR?

Over the 1-year period, ADVE has performed better with a 32.34% return vs 6.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ADVE or RISR?

ADVE is cheaper with a 0.79% expense ratio, compared with 1.13% for RISR.

Which ETF pays a higher dividend yield, ADVE or RISR?

RISR has the higher dividend yield at 5.88%, compared with 2.19% for ADVE.

What is the main difference between ADVE and RISR?

ADVE is categorized as Asia Pacific Equities, while RISR is Nontraditional Bonds. They also come from different issuers: Matthews and FolioBeyond. Their fees differ too: 0.79% for ADVE and 1.13% for RISR.

Which has better risk-adjusted returns?

ADVE currently has the higher Sharpe Ratio (1.66 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.