RINF vs. IRVH

Last updated Jul 14, 2026

RINF (ProShares Inflation Expectations ETF) and IRVH (Global X Interest Rate Volatility & Inflation Hedge ETF) are both Inflation-Protected Bonds funds. RINF is passively managed, while IRVH is actively managed. Over the past 3 years, RINF returned 3.95%/yr vs -0.14%/yr for IRVH. At a correlation of -0.07, they often move in opposite directions. RINF charges 0.30%/yr vs 0.50%/yr for IRVH.

Performance

RINF vs. IRVH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Inflation Expectations ETF (RINF) and Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RINF achieves a 2.12% return, which is significantly higher than IRVH's -4.34% return.

RINF

• 1D: 0.08%
• 1M: -0.04%
• 6M: 2.04%
• YTD: 2.12%
• 1Y: 1.88%
• 3Y*: 3.95%
• 5Y*: 5.63%
• 10Y*: 4.64%

IRVH

• 1D: -0.13%
• 1M: -0.75%
• 6M: -3.61%
• YTD: -4.34%
• 1Y: -2.74%
• 3Y*: -0.14%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RINF vs. IRVH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RINF ProShares Inflation Expectations ETF	2.12%	1.64%	9.79%	0.21%	6.65%
IRVH Global X Interest Rate Volatility & Inflation Hedge ETF	-4.34%	7.71%	-5.49%	0.83%	-6.69%

Correlation

The correlation between RINF and IRVH is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022	-0.07

Return for Risk

RINF vs. IRVH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RINF

RINF Risk / Return Rank: 17
RINF Sharpe Ratio Rank: 17
RINF Sortino Ratio Rank: 15
RINF Omega Ratio Rank: 15
RINF Calmar Ratio Rank: 20
RINF Martin Ratio Rank: 17

IRVH

IRVH Risk / Return Rank: 5
IRVH Sharpe Ratio Rank: 5
IRVH Sortino Ratio Rank: 4
IRVH Omega Ratio Rank: 4
IRVH Calmar Ratio Rank: 5
IRVH Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RINF vs. IRVH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) and Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH). 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.

	RINF	IRVH	Difference
Sharpe ratio: Return per unit of total volatility	0.44	-0.58	+1.02
Sortino ratio: Return per unit of downside risk	0.65	-0.78	+1.43
Omega ratio: Gain probability vs. loss probability	1.08	0.91	+0.16
Calmar ratio: Return relative to maximum drawdown	0.73	-0.45	+1.18
Martin ratio: Return relative to average drawdown	1.33	-0.94	+2.27

RINF vs. IRVH - Sharpe Ratio Comparison

The current RINF Sharpe Ratio is 0.44, which is higher than the IRVH Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of RINF and IRVH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RINF vs. IRVH - Drawdown Comparison

The maximum RINF drawdown since its inception was -43.51%, which is greater than IRVH's maximum drawdown of -14.98%. Use the drawdown chart below to compare losses from any high point for RINF and IRVH.

Drawdown Indicators

	RINF	IRVH	Difference
Max Drawdown Largest peak-to-trough decline	-43.51%	-14.98%	-28.53%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-6.11%	+3.51%
Max Drawdown (3Y) Largest decline over 3 years	-9.62%	-8.03%	-1.59%
Max Drawdown (5Y) Largest decline over 5 years	-13.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.18%	—	—
Current Drawdown Current decline from peak	-0.90%	-11.26%	+10.36%
Average Drawdown Average peak-to-trough decline	-16.34%	-9.74%	-6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	2.92%	-1.50%

Volatility

RINF vs. IRVH - Volatility Comparison

ProShares Inflation Expectations ETF (RINF) has a higher volatility of 1.26% compared to Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) at 1.18%. This indicates that RINF's price experiences larger fluctuations and is considered to be riskier than IRVH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RINF	IRVH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	1.18%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	2.93%	3.36%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	4.30%	4.78%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.63%	8.75%	+3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.55%	8.75%	+3.80%

RINF vs. IRVH - Expense Ratio Comparison

RINF has a 0.30% expense ratio, which is lower than IRVH's 0.50% expense ratio.

Dividends

RINF vs. IRVH - Dividend Comparison

RINF's dividend yield for the trailing twelve months is around 3.67%, less than IRVH's 5.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRVH Global X Interest Rate Volatility & Inflation Hedge ETF	5.66%	4.89%	3.34%	3.69%	2.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RINF ProShares Inflation Expectations ETF	3.67%	3.89%	4.68%	5.07%	1.15%	2.76%	0.82%	1.90%	2.47%	2.99%	1.09%	1.83%

Frequently Asked Questions

Can I hold both RINF and IRVH in my portfolio?

RINF and IRVH 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.

Which is riskier, RINF or IRVH?

RINF has higher volatility (1.26%) compared to IRVH (1.18%). In terms of maximum drawdown, RINF dropped -43.51% vs IRVH's -14.98%.

Which ETF is better, RINF or IRVH?

On 3-year performance, RINF leads with 3.95% vs -0.14% for IRVH. On fees, RINF is cheaper at 0.30% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RINF or IRVH?

Over the 3-year period, RINF has performed better with a 3.95% return vs -0.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RINF or IRVH?

RINF is cheaper with a 0.30% expense ratio, compared with 0.50% for IRVH.

Which ETF pays a higher dividend yield, RINF or IRVH?

IRVH has the higher dividend yield at 5.66%, compared with 3.67% for RINF.

What is the main difference between RINF and IRVH?

They also come from different issuers: ProShares and Global X. Their fees differ too: 0.30% for RINF and 0.50% for IRVH.

Which has better risk-adjusted returns?

RINF currently has the higher Sharpe Ratio (0.44 vs -0.58), 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.