IGEB vs. RISR
IGEB (iShares Investment Grade Bond Factor ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - IGEB is a Corporate Bonds fund tracking the BlackRock Investment Grade Enhanced Bond Index, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. IGEB is passively managed, while RISR is actively managed. Over the past 3 years, IGEB returned 5.57%/yr vs 10.07%/yr for RISR. Their -0.47 correlation means they have often moved in opposite directions in the past. IGEB charges 0.18%/yr vs 1.13%/yr for RISR.
Performance
IGEB vs. RISR - Performance Comparison
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Returns By Period
In the year-to-date period, IGEB achieves a -0.29% return, which is significantly lower than RISR's 4.75% return.
IGEB
- 1D
- 0.26%
- 1M
- -1.24%
- 6M
- -0.45%
- YTD
- -0.29%
- 1Y
- 2.28%
- 3Y*
- 5.57%
- 5Y*
- 0.38%
- 10Y*
- —
- ALL TIME*
- 3.02%
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) |
|---|---|---|---|
| $17.04M | $16.29M | $13.61M | |
| $3.20M | $3.07M | $3.51M |
IGEB vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGEB iShares Investment Grade Bond Factor ETF | -0.29% | 8.17% | 3.10% | 9.56% | -14.85% | 0.01% |
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 IGEB and RISR is -0.38, 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. | -0.38 |
Correlation (3Y) Balances recent behavior with more history. | -0.47 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.47 |
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Return for Risk
IGEB vs. RISR — Risk / Return Rank
IGEB
RISR
IGEB vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Investment Grade Bond Factor ETF (IGEB) 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.
| IGEB | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.22 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.42 | -1.63 |
| Martin ratioReturn relative to average drawdown | 2.28 | 5.79 | -3.51 |
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Drawdowns
IGEB vs. RISR - Drawdown Comparison
The maximum IGEB drawdown since its inception was -21.13%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for IGEB and RISR.
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Drawdown Indicators
| IGEB | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.13% | -14.31% | -6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -2.61% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -5.02% | -8.07% | +3.05% |
Max Drawdown (5Y)Largest decline over 5 years | -21.11% | — | — |
Current DrawdownCurrent decline from peak | -1.72% | -0.15% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -2.12% | -2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 1.09% | -0.09% |
Volatility
IGEB vs. RISR - Volatility Comparison
iShares Investment Grade Bond Factor ETF (IGEB) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) have volatilities of 1.08% and 1.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGEB | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.13% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.26% | 3.57% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.04% | 5.25% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 11.67% | -4.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.48% | 11.67% | -5.19% |
IGEB vs. RISR - Expense Ratio Comparison
IGEB has a 0.18% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
IGEB vs. RISR - Dividend Comparison
IGEB's dividend yield for the trailing twelve months is around 5.16%, less than RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IGEB iShares Investment Grade Bond Factor ETF | 5.16% | 4.92% | 5.09% | 4.60% | 3.64% | 3.84% | 3.78% | 5.61% | 3.59% | 1.62% |
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% | 0.00% |
Frequently Asked Questions
IGEB and RISR have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RISR has higher volatility (1.13%) compared to IGEB (1.08%). In terms of maximum drawdown, IGEB dropped -21.13% vs RISR's -14.31%.
On 3-year performance, RISR leads with 10.07% vs 5.57% for IGEB. On fees, IGEB is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, RISR has performed better with a 10.07% return vs 5.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGEB is cheaper with a 0.18% expense ratio, compared with 1.13% for RISR.
RISR has the higher dividend yield at 5.88%, compared with 5.16% for IGEB.
IGEB is categorized as Corporate Bonds, while RISR is Nontraditional Bonds. They also come from different issuers: iShares and FolioBeyond. Their fees differ too: 0.18% for IGEB and 1.13% for RISR.
RISR currently has the higher Sharpe Ratio (1.20 vs 0.57), 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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