AVMV vs. RISR

Last updated Aug 4, 2026

AVMV (Avantis U.S. Mid Cap Value ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - AVMV is a Mid Cap Value Equities fund actively managed by Avantis, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. Both are actively managed. Over the past year, AVMV returned 27.05% vs 6.29% for RISR. Their -0.11 correlation means they have often moved in opposite directions in the past. AVMV charges 0.20%/yr vs 1.13%/yr for RISR.

Performance

AVMV vs. RISR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Value ETF (AVMV) 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, AVMV achieves a 16.25% return, which is significantly higher than RISR's 4.75% return.

AVMV

• 1D: 1.16%
• 1M: 2.35%
• 6M: 10.22%
• YTD: 16.25%
• 1Y: 27.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.36%

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)
AVMV Avantis U.S. Mid Cap Value ETF	$3.83M	$4.09M	$3.49M
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	$3.20M	$3.07M	$3.51M

AVMV vs. RISR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMV Avantis U.S. Mid Cap Value ETF	16.25%	10.46%	18.43%	14.13%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	4.75%	4.63%	24.20%	-5.45%

Correlation

The correlation between AVMV and RISR is -0.17, 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.	-0.17
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	-0.11

Return for Risk

AVMV vs. RISR — Risk / Return Rank

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

AVMV

AVMV Risk / Return Rank: 85
AVMV Sharpe Ratio Rank: 84
AVMV Sortino Ratio Rank: 86
AVMV Omega Ratio Rank: 83
AVMV Calmar Ratio Rank: 87
AVMV Martin Ratio Rank: 84

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.

AVMV vs. RISR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) 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.

	AVMV	RISR	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.20	+0.81
Sortino ratio: Return per unit of downside risk	2.95	1.76	+1.19
Omega ratio: Gain probability vs. loss probability	1.36	1.22	+0.14
Calmar ratio: Return relative to maximum drawdown	3.56	2.42	+1.14
Martin ratio: Return relative to average drawdown	12.00	5.79	+6.21

AVMV vs. RISR - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 2.01, which is higher than the RISR Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of AVMV 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

AVMV vs. RISR - Drawdown Comparison

The maximum AVMV drawdown since its inception was -24.24%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for AVMV and RISR.

Drawdown Indicators

	AVMV	RISR	Difference
Max Drawdown Largest peak-to-trough decline	-24.24%	-14.31%	-9.93%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-2.61%	-5.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.07%	—
Current Drawdown Current decline from peak	0.00%	-0.15%	+0.15%
Average Drawdown Average peak-to-trough decline	-3.70%	-2.12%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	1.09%	+1.17%

Volatility

AVMV vs. RISR - Volatility Comparison

Avantis U.S. Mid Cap Value ETF (AVMV) has a higher volatility of 2.62% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.13%. This indicates that AVMV'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

	AVMV	RISR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	1.13%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	3.57%	+5.63%
Volatility (1Y) Calculated over the trailing 1-year period	13.52%	5.25%	+8.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	11.67%	+5.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	11.67%	+5.97%

AVMV vs. RISR - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is lower than RISR's 1.13% expense ratio.

Dividends

AVMV vs. RISR - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.02%, less than RISR's 5.88% yield.

Position	TTM	2025	2024	2023	2022	2021
AVMV Avantis U.S. Mid Cap Value ETF	1.02%	1.20%	1.30%	0.25%	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 AVMV and RISR in my portfolio?

AVMV and RISR have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVMV or RISR?

AVMV has higher volatility (2.62%) compared to RISR (1.13%). In terms of maximum drawdown, AVMV dropped -24.24% vs RISR's -14.31%.

Which ETF is better, AVMV or RISR?

On 1-year performance, AVMV leads with 27.05% vs 6.29% for RISR. On fees, AVMV is cheaper at 0.20% 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, AVMV or RISR?

Over the 1-year period, AVMV has performed better with a 27.05% return vs 6.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMV or RISR?

AVMV is cheaper with a 0.20% expense ratio, compared with 1.13% for RISR.

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

RISR has the higher dividend yield at 5.88%, compared with 1.02% for AVMV.

What is the main difference between AVMV and RISR?

AVMV is categorized as Mid Cap Value Equities, while RISR is Nontraditional Bonds. They also come from different issuers: Avantis and FolioBeyond. Their fees differ too: 0.20% for AVMV and 1.13% for RISR.

Which has better risk-adjusted returns?

AVMV currently has the higher Sharpe Ratio (2.01 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.