RATE vs. RISR
Compare and contrast key facts about Global X Interest Rate Hedge ETF (RATE) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR).
RATE and RISR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RATE is an actively managed fund by Global X. It was launched on Jul 5, 2022. RISR is an actively managed fund by FolioBeyond. It was launched on Sep 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RATE or RISR.
Key characteristics
| RATE | RISR | |
|---|---|---|
| YTD Return | 8.05% | 19.91% |
| 1Y Return | -9.90% | 12.88% |
| Sharpe Ratio | -0.28 | 1.24 |
| Sortino Ratio | -0.24 | 1.93 |
| Omega Ratio | 0.97 | 1.23 |
| Calmar Ratio | -0.25 | 1.66 |
| Martin Ratio | -0.52 | 6.28 |
| Ulcer Index | 13.63% | 2.13% |
| Daily Std Dev | 25.69% | 10.82% |
| Max Drawdown | -28.48% | -14.31% |
| Current Drawdown | -18.02% | -0.41% |
Correlation
The correlation between RATE and RISR is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RATE vs. RISR - Performance Comparison
In the year-to-date period, RATE achieves a 8.05% return, which is significantly lower than RISR's 19.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RATE vs. RISR - Expense Ratio Comparison
RATE has a 0.50% expense ratio, which is lower than RISR's 1.13% expense ratio.
Risk-Adjusted Performance
RATE vs. RISR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Interest Rate Hedge ETF (RATE) 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.
Dividends
RATE vs. RISR - Dividend Comparison
RATE's dividend yield for the trailing twelve months is around 30.40%, more than RISR's 7.04% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
RATE Global X Interest Rate Hedge ETF | 30.40% | 35.06% | 15.44% | 0.00% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 7.04% | 7.96% | 4.26% | 0.30% |
Drawdowns
RATE vs. RISR - Drawdown Comparison
The maximum RATE drawdown since its inception was -28.48%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for RATE and RISR. For additional features, visit the drawdowns tool.
Volatility
RATE vs. RISR - Volatility Comparison
Global X Interest Rate Hedge ETF (RATE) has a higher volatility of 9.37% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 2.35%. This indicates that RATE'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.