RISR vs. FLEX
RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) is Nontraditional Bonds fund actively managed by FolioBeyond, while FLEX (Flex Ltd.) is a stock. Over the past 3 years, RISR returned 10.98%/yr vs 116.67%/yr for FLEX. At a correlation of -0.04, they often move in opposite directions.
Performance
RISR vs. FLEX - Performance Comparison
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Returns By Period
In the year-to-date period, RISR achieves a 3.07% return, which is significantly lower than FLEX's 147.78% return.
RISR
- 1D
- -0.18%
- 1M
- -0.33%
- YTD
- 3.07%
- 6M
- 3.20%
- 1Y
- 5.26%
- 3Y*
- 10.98%
- 5Y*
- —
- 10Y*
- —
FLEX
- 1D
- -1.50%
- 1M
- 8.60%
- YTD
- 147.78%
- 6M
- 117.60%
- 1Y
- 247.11%
- 3Y*
- 116.67%
- 5Y*
- 71.04%
- 10Y*
- 35.66%
RISR vs. FLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 3.07% | 4.63% | 24.20% | 7.02% | 31.98% | -0.04% |
FLEX Flex Ltd. | 147.78% | 57.38% | 127.87% | 41.94% | 17.08% | 3.68% |
Correlation
The correlation between RISR and FLEX is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.04 |
The correlation between RISR and FLEX shifts across timeframes, from -0.17 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RISR vs. FLEX — Risk / Return Rank
RISR
FLEX
RISR vs. FLEX - 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 Flex Ltd. (FLEX). 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.
| RISR | FLEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.38 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.60 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 13.34 | -11.52 |
| Martin ratioReturn relative to average drawdown | 4.33 | 31.62 | -27.29 |
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Drawdowns
RISR vs. FLEX - Drawdown Comparison
The maximum RISR drawdown since its inception was -14.31%, smaller than the maximum FLEX drawdown of -96.37%. Use the drawdown chart below to compare losses from any high point for RISR and FLEX.
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Drawdown Indicators
| RISR | FLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.31% | -96.37% | +82.06% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -18.38% | +15.77% |
Max Drawdown (3Y)Largest decline over 3 years | -8.07% | -39.99% | +31.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.02% | — |
Current DrawdownCurrent decline from peak | -0.44% | -7.55% | +7.11% |
Average DrawdownAverage peak-to-trough decline | -2.17% | -55.27% | +53.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 7.74% | -6.64% |
Volatility
RISR vs. FLEX - Volatility Comparison
The current volatility for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) is 1.30%, while Flex Ltd. (FLEX) has a volatility of 19.36%. This indicates that RISR experiences smaller price fluctuations and is considered to be less risky than FLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RISR | FLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 19.36% | -18.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.98% | 50.61% | -46.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.45% | 61.43% | -55.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.82% | 47.26% | -35.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.82% | 45.86% | -34.04% |
Dividends
RISR vs. FLEX - Dividend Comparison
RISR's dividend yield for the trailing twelve months is around 5.91%, while FLEX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FLEX Flex Ltd. | 0.00% | 0.00% | 21.00% | 0.00% | 0.00% | 0.00% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 5.91% | 5.95% | 5.67% | 7.96% | 4.26% | 0.30% |
Frequently Asked Questions
RISR and FLEX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLEX has higher volatility (19.36%) compared to RISR (1.30%). In terms of maximum drawdown, RISR dropped -14.31% vs FLEX's -96.37%.
FLEX currently has the higher Sharpe Ratio (3.99 vs 0.87), 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.
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