GPRF vs. RISR

Last updated Aug 4, 2026

GPRF (Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - GPRF is a Preferred Stock fund tracking the FTSE Goldman Sachs US Preferred Stock and Hybrids Index, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. GPRF is passively managed, while RISR is actively managed. Over the past year, GPRF returned 4.03% vs 6.29% for RISR. Their -0.19 correlation means they have often moved in opposite directions in the past. GPRF charges 0.45%/yr vs 1.13%/yr for RISR.

Performance

GPRF vs. RISR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) 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, GPRF achieves a 1.40% return, which is significantly lower than RISR's 4.75% return.

GPRF

• 1D: 0.45%
• 1M: -0.24%
• 6M: 0.31%
• YTD: 1.40%
• 1Y: 4.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.03%

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)
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	$179.35K	$1.44M	$844.22K
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	$3.20M	$3.07M	$3.51M

GPRF vs. RISR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	1.40%	6.17%	2.49%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	4.75%	4.63%	8.74%

Correlation

The correlation between GPRF and RISR is -0.26, 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.	-0.26
Correlation (All Time) Calculated using the full available price history since Aug 1, 2024	-0.19

Return for Risk

GPRF vs. RISR — Risk / Return Rank

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

GPRF

GPRF Risk / Return Rank: 38
GPRF Sharpe Ratio Rank: 41
GPRF Sortino Ratio Rank: 38
GPRF Omega Ratio Rank: 44
GPRF Calmar Ratio Rank: 29
GPRF Martin Ratio Rank: 38

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.

GPRF vs. RISR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) 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.

	GPRF	RISR	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.20	-0.11
Sortino ratio: Return per unit of downside risk	1.54	1.76	-0.22
Omega ratio: Gain probability vs. loss probability	1.22	1.22	+0.01
Calmar ratio: Return relative to maximum drawdown	0.96	2.42	-1.46
Martin ratio: Return relative to average drawdown	4.33	5.79	-1.46

GPRF vs. RISR - Sharpe Ratio Comparison

The current GPRF Sharpe Ratio is 1.10, which is comparable to the RISR Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of GPRF 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

GPRF vs. RISR - Drawdown Comparison

The maximum GPRF drawdown since its inception was -4.36%, smaller than the maximum RISR drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for GPRF and RISR.

Drawdown Indicators

	GPRF	RISR	Difference
Max Drawdown Largest peak-to-trough decline	-4.36%	-14.31%	+9.95%
Max Drawdown (1Y) Largest decline over 1 year	-4.20%	-2.61%	-1.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.07%	—
Current Drawdown Current decline from peak	-0.71%	-0.15%	-0.56%
Average Drawdown Average peak-to-trough decline	-0.88%	-2.12%	+1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	1.09%	-0.16%

Volatility

GPRF vs. RISR - Volatility Comparison

The current volatility for Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) is 0.94%, while FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) has a volatility of 1.13%. This indicates that GPRF experiences smaller price fluctuations and is considered to be less risky than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPRF	RISR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	1.13%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	3.13%	3.57%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	3.70%	5.25%	-1.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.86%	11.67%	-7.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.86%	11.67%	-7.81%

GPRF vs. RISR - Expense Ratio Comparison

GPRF has a 0.45% expense ratio, which is lower than RISR's 1.13% expense ratio.

Dividends

GPRF vs. RISR - Dividend Comparison

GPRF's dividend yield for the trailing twelve months is around 5.66%, less than RISR's 5.88% yield.

Position	TTM	2025	2024	2023	2022	2021
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	5.66%	5.38%	2.10%	0.00%	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 GPRF and RISR in my portfolio?

GPRF and RISR have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPRF or RISR?

RISR has higher volatility (1.13%) compared to GPRF (0.94%). In terms of maximum drawdown, GPRF dropped -4.36% vs RISR's -14.31%.

Which ETF is better, GPRF or RISR?

On 1-year performance, RISR leads with 6.29% vs 4.03% for GPRF. On fees, GPRF is cheaper at 0.45% per year. On volatility, GPRF has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GPRF or RISR?

Over the 1-year period, RISR has performed better with a 6.29% return vs 4.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GPRF or RISR?

GPRF is cheaper with a 0.45% expense ratio, compared with 1.13% for RISR.

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

RISR has the higher dividend yield at 5.88%, compared with 5.66% for GPRF.

What is the main difference between GPRF and RISR?

GPRF is categorized as Preferred Stock, while RISR is Nontraditional Bonds. They also come from different issuers: Goldman Sachs and FolioBeyond. Their fees differ too: 0.45% for GPRF and 1.13% for RISR.

Which has better risk-adjusted returns?

RISR currently has the higher Sharpe Ratio (1.20 vs 1.10), 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.