RISR vs. HDGE
Compare and contrast key facts about FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and AdvisorShares Ranger Equity Bear ETF (HDGE).
RISR and HDGE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RISR is an actively managed fund by FolioBeyond. It was launched on Sep 30, 2021. HDGE is an actively managed fund by AdvisorShares. It was launched on Jan 26, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RISR or HDGE.
Key characteristics
| RISR | HDGE | |
|---|---|---|
| YTD Return | 19.78% | -10.33% |
| 1Y Return | 13.19% | -25.07% |
| 3Y Return (Ann) | 19.01% | -7.57% |
| Sharpe Ratio | 1.18 | -1.19 |
| Sortino Ratio | 1.85 | -1.67 |
| Omega Ratio | 1.22 | 0.81 |
| Calmar Ratio | 1.58 | -0.27 |
| Martin Ratio | 6.16 | -1.84 |
| Ulcer Index | 2.07% | 13.77% |
| Daily Std Dev | 10.83% | 21.31% |
| Max Drawdown | -14.31% | -93.70% |
| Current Drawdown | -0.52% | -93.70% |
Correlation
The correlation between RISR and HDGE is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RISR vs. HDGE - Performance Comparison
In the year-to-date period, RISR achieves a 19.78% return, which is significantly higher than HDGE's -10.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RISR vs. HDGE - Expense Ratio Comparison
RISR has a 1.13% expense ratio, which is lower than HDGE's 3.36% expense ratio.
Risk-Adjusted Performance
RISR vs. HDGE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and AdvisorShares Ranger Equity Bear ETF (HDGE). 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
RISR vs. HDGE - Dividend Comparison
RISR's dividend yield for the trailing twelve months is around 7.05%, less than HDGE's 10.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 7.05% | 7.96% | 4.26% | 0.30% | 0.00% | 0.00% |
HDGE AdvisorShares Ranger Equity Bear ETF | 10.68% | 9.58% | 0.00% | 0.00% | 0.00% | 0.22% |
Drawdowns
RISR vs. HDGE - Drawdown Comparison
The maximum RISR drawdown since its inception was -14.31%, smaller than the maximum HDGE drawdown of -93.70%. Use the drawdown chart below to compare losses from any high point for RISR and HDGE. For additional features, visit the drawdowns tool.
Volatility
RISR vs. HDGE - Volatility Comparison
The current volatility for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) is 2.28%, while AdvisorShares Ranger Equity Bear ETF (HDGE) has a volatility of 5.97%. This indicates that RISR experiences smaller price fluctuations and is considered to be less risky than HDGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.