IBD vs. RISN

Last updated Jun 4, 2026

IBD (Inspire Corporate Bond Impact ETF) and RISN (Inspire Tactical Balanced ESG ETF) are both exchange-traded funds - IBD is a Corporate Bonds fund tracking the Inspire Corporate Bond Impact Equal Weight Index, while RISN is a Diversified Portfolio fund actively managed by Inspire. IBD is passively managed, while RISN is actively managed. Over the past 5 years, IBD returned 1.30%/yr vs 4.57%/yr for RISN. At a 0.17 correlation, their price movements are largely independent. IBD charges 0.49%/yr vs 0.82%/yr for RISN.

Performance

IBD vs. RISN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Corporate Bond Impact ETF (IBD) and Inspire Tactical Balanced ESG ETF (RISN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBD achieves a -0.18% return, which is significantly lower than RISN's 6.51% return.

IBD

• 1D: -0.19%
• 1M: -0.01%
• YTD: -0.18%
• 6M: 0.16%
• 1Y: 4.61%
• 3Y*: 5.01%
• 5Y*: 1.30%
• 10Y*: —

RISN

• 1D: -0.29%
• 1M: 4.49%
• YTD: 6.51%
• 6M: 4.83%
• 1Y: 15.61%
• 3Y*: 12.08%
• 5Y*: 4.57%
• 10Y*: —

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

IBD vs. RISN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IBD Inspire Corporate Bond Impact ETF	-0.18%	7.70%	3.58%	6.00%	-8.94%	-1.89%	1.39%
RISN Inspire Tactical Balanced ESG ETF	6.51%	10.83%	7.61%	10.29%	-18.06%	22.47%	7.73%

Correlation

The correlation between IBD and RISN is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.17

Return for Risk

IBD vs. RISN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBD

IBD Risk / Return Rank: 35
IBD Sharpe Ratio Rank: 30
IBD Sortino Ratio Rank: 31
IBD Omega Ratio Rank: 28
IBD Calmar Ratio Rank: 44
IBD Martin Ratio Rank: 41

RISN

RISN Risk / Return Rank: 39
RISN Sharpe Ratio Rank: 37
RISN Sortino Ratio Rank: 37
RISN Omega Ratio Rank: 33
RISN Calmar Ratio Rank: 43
RISN Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBD vs. RISN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) and Inspire Tactical Balanced ESG ETF (RISN). 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.

	IBD	RISN	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.32	-0.22
Sortino ratio: Return per unit of downside risk	1.67	1.92	-0.25
Omega ratio: Gain probability vs. loss probability	1.19	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	2.15	2.11	+0.04
Martin ratio: Return relative to average drawdown	6.66	7.14	-0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBD vs. RISN - Sharpe Ratio Comparison

The current IBD Sharpe Ratio is 1.10, which is comparable to the RISN Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of IBD and RISN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBD	RISN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	1.32	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.41	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.65	-0.34

Drawdowns

IBD vs. RISN - Drawdown Comparison

The maximum IBD drawdown since its inception was -16.30%, smaller than the maximum RISN drawdown of -21.88%. Use the drawdown chart below to compare losses from any high point for IBD and RISN.

Drawdown Indicators

	IBD	RISN	Difference
Max Drawdown Largest peak-to-trough decline	-16.30%	-21.88%	+5.58%
Max Drawdown (1Y) Largest decline over 1 year	-2.15%	-7.42%	+5.27%
Max Drawdown (3Y) Largest decline over 3 years	-4.01%	-16.37%	+12.36%
Max Drawdown (5Y) Largest decline over 5 years	-14.76%	-21.88%	+7.12%
Current Drawdown Current decline from peak	-1.04%	-0.29%	-0.75%
Average Drawdown Average peak-to-trough decline	-3.36%	-7.52%	+4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	2.19%	-1.50%

Volatility

IBD vs. RISN - Volatility Comparison

The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 1.03%, while Inspire Tactical Balanced ESG ETF (RISN) has a volatility of 3.79%. This indicates that IBD experiences smaller price fluctuations and is considered to be less risky than RISN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBD	RISN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.03%	3.79%	-2.76%
Volatility (6M) Calculated over the trailing 6-month period	2.83%	9.46%	-6.63%
Volatility (1Y) Calculated over the trailing 1-year period	4.21%	11.90%	-7.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.60%	11.18%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.70%	11.34%	-4.64%

IBD vs. RISN - Expense Ratio Comparison

IBD has a 0.49% expense ratio, which is lower than RISN's 0.82% expense ratio.

Dividends

IBD vs. RISN - Dividend Comparison

IBD's dividend yield for the trailing twelve months is around 4.25%, more than RISN's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBD Inspire Corporate Bond Impact ETF	4.25%	4.17%	4.18%	3.39%	1.75%	1.36%	1.63%	2.47%	2.06%	0.82%
RISN Inspire Tactical Balanced ESG ETF	1.03%	0.98%	1.39%	2.05%	1.27%	9.74%	4.71%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBD and RISN in my portfolio?

IBD and RISN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBD or RISN?

RISN has higher volatility (3.79%) compared to IBD (1.03%). In terms of maximum drawdown, IBD dropped -16.30% vs RISN's -21.88%.

Which ETF is better, IBD or RISN?

On 5-year performance, RISN leads with 4.57% vs 1.30% for IBD. On fees, IBD is cheaper at 0.49% per year. On volatility, IBD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBD or RISN?

Over the 5-year period, RISN has performed better with a 4.57% return vs 1.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBD or RISN?

IBD is cheaper with a 0.49% expense ratio, compared with 0.82% for RISN.

Which ETF pays a higher dividend yield, IBD or RISN?

IBD has the higher dividend yield at 4.25%, compared with 1.03% for RISN.

What is the main difference between IBD and RISN?

IBD is categorized as Corporate Bonds, while RISN is Diversified Portfolio. Their fees differ too: 0.49% for IBD and 0.82% for RISN.

Which has better risk-adjusted returns?

RISN currently has the higher Sharpe Ratio (1.32 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.