RISN vs. MDAA

Last updated Jun 26, 2026

RISN (Inspire Tactical Balanced ESG ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. RISN charges 0.82%/yr vs 0.97%/yr for MDAA.

Performance

RISN vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Tactical Balanced ESG ETF (RISN) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RISN achieves a 4.92% return, which is significantly lower than MDAA's 16.41% return.

RISN

• 1D: 0.14%
• 1M: 0.38%
• YTD: 4.92%
• 6M: 3.41%
• 1Y: 14.17%
• 3Y*: 10.90%
• 5Y*: 4.21%
• 10Y*: —

MDAA

• 1D: 0.71%
• 1M: -2.70%
• YTD: 16.41%
• 6M: 15.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RISN vs. MDAA - Yearly Performance Comparison

	2026 (YTD)	2025
RISN Inspire Tactical Balanced ESG ETF	4.92%	-2.14%
MDAA Myriad Dynamic Asset Allocation ETF	16.41%	-0.25%

Correlation

The correlation between RISN and MDAA is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.52

Return for Risk

RISN vs. MDAA — Risk / Return Rank

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

RISN

RISN Risk / Return Rank: 38
RISN Sharpe Ratio Rank: 36
RISN Sortino Ratio Rank: 35
RISN Omega Ratio Rank: 32
RISN Calmar Ratio Rank: 43
RISN Martin Ratio Rank: 43

MDAA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RISN vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Tactical Balanced ESG ETF (RISN) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

	RISN	MDAA	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.92	—	—
Martin ratio: Return relative to average drawdown	6.33	—	—

Drawdowns

RISN vs. MDAA - Drawdown Comparison

The maximum RISN drawdown since its inception was -21.88%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for RISN and MDAA.

Drawdown Indicators

	RISN	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-21.88%	-14.59%	-7.29%
Max Drawdown (1Y) Largest decline over 1 year	-7.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	—	—
Current Drawdown Current decline from peak	-2.15%	-5.74%	+3.59%
Average Drawdown Average peak-to-trough decline	-7.46%	-3.08%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	—	—

Volatility

Volatility by Period

	RISN	MDAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.18%	25.13%	-12.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.25%	25.13%	-13.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.37%	25.13%	-13.76%

RISN vs. MDAA - Expense Ratio Comparison

RISN has a 0.82% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

RISN vs. MDAA - Dividend Comparison

RISN's dividend yield for the trailing twelve months is around 1.05%, more than MDAA's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
MDAA Myriad Dynamic Asset Allocation ETF	0.40%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%
RISN Inspire Tactical Balanced ESG ETF	1.05%	0.98%	1.39%	2.05%	1.27%	9.74%	4.71%

Frequently Asked Questions

Can I hold both RISN and MDAA in my portfolio?

RISN and MDAA have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RISN or MDAA?

On fees, RISN is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISN or MDAA?

RISN is cheaper with a 0.82% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, RISN or MDAA?

RISN has the higher dividend yield at 1.05%, compared with 0.40% for MDAA.

What is the main difference between RISN and MDAA?

They also come from different issuers: Inspire and Myriad. Their fees differ too: 0.82% for RISN and 0.97% for MDAA.