RISR vs. ^TNX

Last updated Apr 3, 2026

Compare and contrast key facts about FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and Treasury Yield 10 Years (^TNX).

RISR is an actively managed fund by FolioBeyond. It was launched on Sep 30, 2021.

Performance

RISR vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

RISR vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	1.91%	4.63%	24.20%	7.02%	31.98%	0.02%
^TNX Treasury Yield 10 Years	3.60%	-8.97%	18.29%	-0.34%	156.55%	3.21%

Returns By Period

In the year-to-date period, RISR achieves a 1.91% return, which is significantly lower than ^TNX's 3.60% return.

RISR

• 1D: 0.11%
• 1M: 2.04%
• YTD: 1.91%
• 6M: 3.96%
• 1Y: 6.52%
• 3Y*: 12.27%
• 5Y*: —
• 10Y*: —

^TNX

• 1D: -0.14%
• 1M: 6.34%
• YTD: 3.60%
• 6M: 5.50%
• 1Y: 2.79%
• 3Y*: 7.93%
• 5Y*: 20.77%
• 10Y*: 9.26%

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

Return for Risk

RISR vs. ^TNX — Risk / Return Rank

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

RISR

RISR Risk / Return Rank: 55
RISR Sharpe Ratio Rank: 53
RISR Sortino Ratio Rank: 53
RISR Omega Ratio Rank: 46
RISR Calmar Ratio Rank: 78
RISR Martin Ratio Rank: 47

^TNX

^TNX Risk / Return Rank: 20
^TNX Sharpe Ratio Rank: 20
^TNX Sortino Ratio Rank: 19
^TNX Omega Ratio Rank: 18
^TNX Calmar Ratio Rank: 23
^TNX Martin Ratio Rank: 22

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.

RISR vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and Treasury Yield 10 Years (^TNX). 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.

	RISR	^TNX	Difference
Sharpe ratio Return per unit of total volatility	1.02	0.16	+0.86
Sortino ratio Return per unit of downside risk	1.48	0.36	+1.12
Omega ratio Gain probability vs. loss probability	1.19	1.04	+0.15
Calmar ratio Return relative to maximum drawdown	2.48	0.27	+2.21
Martin ratio Return relative to average drawdown	5.30	0.45	+4.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RISR vs. ^TNX - Sharpe Ratio Comparison

The current RISR Sharpe Ratio is 1.02, which is higher than the ^TNX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of RISR and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RISR	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	0.16	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.63	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	-0.02	+1.27

Correlation

The correlation between RISR and ^TNX is 0.51, 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.

Drawdowns

RISR vs. ^TNX - Drawdown Comparison

The maximum RISR drawdown since its inception was -14.31%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for RISR and ^TNX.

Drawdown Indicators

	RISR	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-93.78%	+79.47%
Max Drawdown (1Y) Largest decline over 1 year	-2.61%	-13.99%	+11.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.57%	—
Current Drawdown Current decline from peak	-0.25%	-46.24%	+45.99%
Average Drawdown Average peak-to-trough decline	-2.25%	-51.38%	+49.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	8.40%	-7.18%

Volatility

RISR vs. ^TNX - Volatility Comparison

The current volatility for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) is 2.02%, while Treasury Yield 10 Years (^TNX) has a volatility of 5.90%. This indicates that RISR experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RISR	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.02%	5.90%	-3.88%
Volatility (6M) Calculated over the trailing 6-month period	4.02%	10.53%	-6.51%
Volatility (1Y) Calculated over the trailing 1-year period	6.42%	17.76%	-11.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.03%	32.94%	-20.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.03%	48.17%	-36.14%