IETH vs. RISR
IETH (Bitwise Ethereum Option Income Strategy ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - IETH is a Derivative Income fund actively managed by Bitwise, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. Both are actively managed. Their -0.05 correlation means they have often moved in opposite directions in the past. IETH charges 0.97%/yr vs 1.13%/yr for RISR.
Performance
IETH vs. RISR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IETH achieves a -32.43% return, which is significantly lower than RISR's 4.75% return.
IETH
- 1D
- 0.43%
- 1M
- 7.22%
- 6M
- -14.64%
- YTD
- -32.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
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) |
|---|---|---|---|
| $5.90K | $4.22K | $6.65K | |
| $3.20M | $3.07M | $3.51M |
IETH vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IETH Bitwise Ethereum Option Income Strategy ETF | -32.43% | -27.34% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 4.75% | 2.21% |
Correlation
The correlation between IETH and RISR is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | -0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IETH vs. RISR — Risk / Return Rank
IETH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RISR
IETH vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Option Income Strategy ETF (IETH) 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.
| IETH | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.42 | — |
| Martin ratioReturn relative to average drawdown | — | 5.79 | — |
Loading charts...
Drawdowns
IETH vs. RISR - Drawdown Comparison
The maximum IETH drawdown since its inception was -59.76%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for IETH and RISR.
Loading charts...
Drawdown Indicators
| IETH | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.76% | -14.31% | -45.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.61% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.07% | — |
Current DrawdownCurrent decline from peak | -53.29% | -0.15% | -53.14% |
Average DrawdownAverage peak-to-trough decline | -40.45% | -2.12% | -38.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.09% | — |
Volatility
IETH vs. RISR - Volatility Comparison
Loading charts...
Volatility by Period
| IETH | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 57.92% | 5.25% | +52.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.92% | 11.67% | +46.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.92% | 11.67% | +46.25% |
IETH vs. RISR - Expense Ratio Comparison
IETH has a 0.97% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
IETH vs. RISR - Dividend Comparison
IETH's dividend yield for the trailing twelve months is around 46.82%, more than RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IETH Bitwise Ethereum Option Income Strategy ETF | 46.82% | 18.26% | 0.00% | 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
IETH and RISR have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IETH is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IETH is cheaper with a 0.97% expense ratio, compared with 1.13% for RISR.
IETH has the higher dividend yield at 46.82%, compared with 5.88% for RISR.
IETH is categorized as Derivative Income, while RISR is Nontraditional Bonds. They also come from different issuers: Bitwise and FolioBeyond. Their fees differ too: 0.97% for IETH and 1.13% for RISR.
Find the right allocation for IETH and RISR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer