PFXF vs. RISR
PFXF (VanEck Preferred Securities ex Financials ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - PFXF is a Preferred Stock fund tracking the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. PFXF is passively managed, while RISR is actively managed. Over the past 3 years, PFXF returned 8.72%/yr vs 10.07%/yr for RISR. Their -0.20 correlation means they have often moved in opposite directions in the past. PFXF charges 0.40%/yr vs 1.13%/yr for RISR.
Performance
PFXF vs. RISR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PFXF achieves a 4.43% return, which is significantly lower than RISR's 4.75% return.
PFXF
- 1D
- 2.10%
- 1M
- 1.13%
- 6M
- 1.23%
- YTD
- 4.43%
- 1Y
- 9.79%
- 3Y*
- 8.72%
- 5Y*
- 3.13%
- 10Y*
- 4.73%
- ALL TIME*
- 5.36%
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) |
|---|---|---|---|
| $14.01M | $13.64M | $16.82M | |
| $3.20M | $3.07M | $3.51M |
PFXF vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PFXF VanEck Preferred Securities ex Financials ETF | 4.43% | 9.64% | 8.42% | 11.20% | -18.83% | 5.25% |
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 PFXF and RISR is -0.22, 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. | -0.22 |
Correlation (3Y) Balances recent behavior with more history. | -0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.20 |
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
PFXF vs. RISR — Risk / Return Rank
PFXF
RISR
PFXF vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Preferred Securities ex Financials ETF (PFXF) 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.
| PFXF | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.42 | -1.20 |
| Martin ratioReturn relative to average drawdown | 3.58 | 5.79 | -2.21 |
Loading charts...
Drawdowns
PFXF vs. RISR - Drawdown Comparison
The maximum PFXF drawdown since its inception was -35.49%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for PFXF and RISR.
Loading charts...
Drawdown Indicators
| PFXF | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -14.31% | -21.18% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -2.61% | -5.43% |
Max Drawdown (3Y)Largest decline over 3 years | -11.90% | -8.07% | -3.83% |
Max Drawdown (5Y)Largest decline over 5 years | -21.80% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | — | — |
Current DrawdownCurrent decline from peak | -4.70% | -0.15% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -2.12% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 1.09% | +1.65% |
Volatility
PFXF vs. RISR - Volatility Comparison
VanEck Preferred Securities ex Financials ETF (PFXF) has a higher volatility of 4.27% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.13%. This indicates that PFXF's price experiences larger fluctuations and is considered to be riskier than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PFXF | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.27% | 1.13% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.25% | 3.57% | +4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.15% | 5.25% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.15% | 11.67% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 11.67% | +1.64% |
PFXF vs. RISR - Expense Ratio Comparison
PFXF has a 0.40% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
PFXF vs. RISR - Dividend Comparison
PFXF's dividend yield for the trailing twelve months is around 6.56%, more than RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFXF VanEck Preferred Securities ex Financials ETF | 6.56% | 6.72% | 7.82% | 7.88% | 6.74% | 4.66% | 5.19% | 5.35% | 6.56% | 5.93% | 5.81% | 5.99% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
PFXF and RISR have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFXF has higher volatility (4.27%) compared to RISR (1.13%). In terms of maximum drawdown, PFXF dropped -35.49% vs RISR's -14.31%.
On 3-year performance, RISR leads with 10.07% vs 8.72% for PFXF. On fees, PFXF is cheaper at 0.40% per year. On volatility, RISR has been the lower-risk option at 1.13%. 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 8.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PFXF is cheaper with a 0.40% expense ratio, compared with 1.13% for RISR.
PFXF has the higher dividend yield at 6.56%, compared with 5.88% for RISR.
PFXF is categorized as Preferred Stock, while RISR is Nontraditional Bonds. They also come from different issuers: VanEck and FolioBeyond. Their fees differ too: 0.40% for PFXF and 1.13% for RISR.
RISR currently has the higher Sharpe Ratio (1.20 vs 0.97), 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 PFXF 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