HYKE vs. RISR

Last updated Aug 1, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 1.13%/yr for RISR.

Performance

HYKE vs. RISR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYKE

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RISR

• 1D: 0.23%
• 1M: 1.62%
• 6M: 5.38%
• YTD: 4.91%
• 1Y: 6.45%
• 3Y*: 10.84%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.52%

*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)
HYKE Vest 2 Year Interest Rate Hedge ETF	$0.00	$0.00	$0.00
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	$3.11M	$2.99M	$3.46M

HYKE vs. RISR - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	2.92%

Return for Risk

HYKE vs. RISR — Risk / Return Rank

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

HYKE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RISR

RISR Risk / Return Rank: 50
RISR Sharpe Ratio Rank: 46
RISR Sortino Ratio Rank: 46
RISR Omega Ratio Rank: 44
RISR Calmar Ratio Rank: 66
RISR Martin Ratio Rank: 48

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.

HYKE vs. RISR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) 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.

	HYKE	RISR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.13	—
Sortino ratio: Return per unit of downside risk	—	1.65	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	2.28	—
Martin ratio: Return relative to average drawdown	—	5.46	—

Drawdowns

HYKE vs. RISR - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum RISR drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for HYKE and RISR.

Drawdown Indicators

	HYKE	RISR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-14.31%	+14.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.07%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-2.12%	+2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.09%	—

Volatility

Volatility by Period

	HYKE	RISR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	5.27%	-5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.67%	-11.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	11.67%	-11.67%

HYKE vs. RISR - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is lower than RISR's 1.13% expense ratio.

Dividends

HYKE vs. RISR - Dividend Comparison

HYKE has not paid dividends to shareholders, while RISR's dividend yield for the trailing twelve months is around 5.87%.

Position	TTM	2025	2024	2023	2022	2021
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	5.87%	5.95%	5.67%	7.96%	4.26%	0.30%

Frequently Asked Questions

Which ETF is better, HYKE or RISR?

On fees, HYKE is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or RISR?

HYKE is cheaper with a 0.85% expense ratio, compared with 1.13% for RISR.

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

RISR has the higher dividend yield at 5.87%, compared with 0.00% for HYKE.

What is the main difference between HYKE and RISR?

They also come from different issuers: CBOE Vest and FolioBeyond. Their fees differ too: 0.85% for HYKE and 1.13% for RISR.