JSI vs. RISR
JSI (Janus Henderson Securitized Income ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - JSI is a Multisector Bonds fund actively managed by Janus Henderson, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. Both are actively managed. Over the past year, JSI returned 2.90% vs 6.29% for RISR. Their -0.40 correlation means they have often moved in opposite directions in the past. JSI charges 0.50%/yr vs 1.13%/yr for RISR.
Performance
JSI vs. RISR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JSI achieves a 1.18% return, which is significantly lower than RISR's 4.75% return.
JSI
- 1D
- -0.05%
- 1M
- 0.03%
- 6M
- 0.50%
- YTD
- 1.18%
- 1Y
- 2.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.69%
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) |
|---|---|---|---|
| $5.20M | $5.35M | $6.55M | |
| $3.20M | $3.07M | $3.51M |
JSI vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JSI Janus Henderson Securitized Income ETF | 1.18% | 6.46% | 7.27% | 3.29% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 4.75% | 4.63% | 24.20% | -5.45% |
Correlation
The correlation between JSI and RISR is -0.29, 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. | -0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023 | -0.40 |
The correlation between JSI and RISR shifts across timeframes, from -0.40 (all time) to -0.29 (1 year), reflecting how their relationship changes across market environments.
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
JSI vs. RISR — Risk / Return Rank
JSI
RISR
JSI vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Securitized Income ETF (JSI) 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.
| JSI | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.42 | -0.69 |
| Martin ratioReturn relative to average drawdown | 5.48 | 5.79 | -0.31 |
Loading charts...
Drawdowns
JSI vs. RISR - Drawdown Comparison
The maximum JSI drawdown since its inception was -2.31%, smaller than the maximum RISR drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for JSI and RISR.
Loading charts...
Drawdown Indicators
| JSI | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.31% | -14.31% | +12.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.68% | -2.61% | +0.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.07% | — |
Current DrawdownCurrent decline from peak | -0.26% | -0.15% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -2.12% | +1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 1.09% | -0.56% |
Volatility
JSI vs. RISR - Volatility Comparison
The current volatility for Janus Henderson Securitized Income ETF (JSI) is 0.37%, while FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) has a volatility of 1.13%. This indicates that JSI experiences smaller price fluctuations and is considered to be less risky than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JSI | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 1.13% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 3.57% | -1.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 5.25% | -2.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.84% | 11.67% | -8.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.84% | 11.67% | -8.83% |
JSI vs. RISR - Expense Ratio Comparison
JSI has a 0.50% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
JSI vs. RISR - Dividend Comparison
JSI's dividend yield for the trailing twelve months is around 5.93%, which matches RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JSI Janus Henderson Securitized Income ETF | 5.93% | 5.80% | 6.16% | 0.84% | 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
JSI and RISR have a correlation of -0.29, 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 JSI (0.37%). In terms of maximum drawdown, JSI dropped -2.31% vs RISR's -14.31%.
On 1-year performance, RISR leads with 6.29% vs 2.90% for JSI. On fees, JSI is cheaper at 0.50% per year. On volatility, JSI has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RISR has performed better with a 6.29% return vs 2.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JSI is cheaper with a 0.50% expense ratio, compared with 1.13% for RISR.
JSI has the higher dividend yield at 5.93%, compared with 5.88% for RISR.
JSI is categorized as Multisector Bonds, while RISR is Nontraditional Bonds. They also come from different issuers: Janus Henderson and FolioBeyond. Their fees differ too: 0.50% for JSI and 1.13% for RISR.
JSI currently has the higher Sharpe Ratio (1.24 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.
Find the right allocation for JSI 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