HNDL vs. RISR
HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - HNDL is a Diversified Portfolio fund tracking the NASDAQ 7 HANDL™ Index, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. HNDL is passively managed, while RISR is actively managed. Over the past 3 years, HNDL returned 11.41%/yr vs 10.07%/yr for RISR. Their -0.25 correlation means they have often moved in opposite directions in the past. HNDL charges 0.97%/yr vs 1.13%/yr for RISR.
Performance
HNDL vs. RISR - Performance Comparison
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Returns By Period
In the year-to-date period, HNDL achieves a 6.78% return, which is significantly higher than RISR's 4.75% return.
HNDL
- 1D
- 0.44%
- 1M
- -0.39%
- 6M
- 5.25%
- YTD
- 6.78%
- 1Y
- 11.98%
- 3Y*
- 11.41%
- 5Y*
- 4.44%
- 10Y*
- —
- ALL TIME*
- 5.63%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.06M | $1.10M | $1.31M | |
| $3.20M | $3.07M | $3.51M |
HNDL vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.78% | 10.76% | 10.66% | 13.28% | -19.12% | 6.01% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 4.75% | 4.63% | 24.20% | 7.02% | 31.98% | -0.04% |
Correlation
The correlation between HNDL and RISR is -0.34, 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. | -0.34 |
Correlation (3Y) Balances recent behavior with more history. | -0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.25 |
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Return for Risk
HNDL vs. RISR — Risk / Return Rank
HNDL
RISR
HNDL vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) 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.
| HNDL | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 2.42 | 0.00 |
| Martin ratioReturn relative to average drawdown | 9.68 | 5.79 | +3.89 |
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Drawdowns
HNDL vs. RISR - Drawdown Comparison
The maximum HNDL drawdown since its inception was -23.72%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for HNDL and RISR.
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Drawdown Indicators
| HNDL | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.72% | -14.31% | -9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -2.61% | -2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.25% | -8.07% | -4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | — | — |
Current DrawdownCurrent decline from peak | -0.91% | -0.15% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -2.12% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 1.09% | +0.15% |
Volatility
HNDL vs. RISR - Volatility Comparison
Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a higher volatility of 1.64% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.13%. This indicates that HNDL'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.
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Volatility by Period
| HNDL | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 1.13% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 5.88% | 3.57% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.55% | 5.25% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.57% | 11.67% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.69% | 11.67% | -0.98% |
HNDL vs. RISR - Expense Ratio Comparison
HNDL has a 0.97% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
HNDL vs. RISR - Dividend Comparison
HNDL's dividend yield for the trailing twelve months is around 6.95%, more than RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.95% | 6.86% | 7.02% | 6.78% | 7.87% | 6.86% | 6.21% | 5.27% | 6.42% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 5.88% | 5.95% | 5.67% | 7.96% | 4.26% | 0.30% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HNDL and RISR have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HNDL has higher volatility (1.64%) compared to RISR (1.13%). In terms of maximum drawdown, HNDL dropped -23.72% vs RISR's -14.31%.
On 3-year performance, HNDL leads with 11.41% vs 10.07% for RISR. On fees, HNDL is cheaper at 0.97% 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.
Over the 3-year period, HNDL has performed better with a 11.41% return vs 10.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HNDL is cheaper with a 0.97% expense ratio, compared with 1.13% for RISR.
HNDL has the higher dividend yield at 6.95%, compared with 5.88% for RISR.
HNDL is categorized as Diversified Portfolio, while RISR is Nontraditional Bonds. They also come from different issuers: Strategy Shares and FolioBeyond. Their fees differ too: 0.97% for HNDL and 1.13% for RISR.
HNDL currently has the higher Sharpe Ratio (1.60 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.
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