RISR vs. HYKE

Last updated Jun 26, 2026

RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. RISR charges 1.13%/yr vs 0.85%/yr for HYKE.

Performance

RISR vs. HYKE - 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 Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RISR

• 1D: 0.11%
• 1M: 0.61%
• YTD: 2.95%
• 6M: 3.46%
• 1Y: 4.31%
• 3Y*: 11.26%
• 5Y*: —
• 10Y*: —

HYKE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RISR vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	1.00%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

RISR vs. HYKE — Risk / Return Rank

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

RISR

RISR Risk / Return Rank: 27
RISR Sharpe Ratio Rank: 24
RISR Sortino Ratio Rank: 23
RISR Omega Ratio Rank: 22
RISR Calmar Ratio Rank: 37
RISR Martin Ratio Rank: 30

HYKE

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.

RISR vs. HYKE - 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 Vest 2 Year Interest Rate Hedge ETF (HYKE). 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	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	0.80	—	—
Sortino ratio: Return per unit of downside risk	1.17	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.66	—	—
Martin ratio: Return relative to average drawdown	3.92	—	—

Drawdowns

RISR vs. HYKE - Drawdown Comparison

The maximum RISR drawdown since its inception was -14.31%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RISR and HYKE.

Drawdown Indicators

	RISR	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	0.00%	-14.31%
Max Drawdown (1Y) Largest decline over 1 year	-2.61%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.07%	—	—
Current Drawdown Current decline from peak	-0.55%	0.00%	-0.55%
Average Drawdown Average peak-to-trough decline	-2.16%	0.00%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.10%	—	—

Volatility

Volatility by Period

	RISR	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.41%	0.00%	+5.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.78%	0.00%	+11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.78%	0.00%	+11.78%

RISR vs. HYKE - Expense Ratio Comparison

RISR has a 1.13% expense ratio, which is higher than HYKE's 0.85% expense ratio.

Dividends

RISR vs. HYKE - Dividend Comparison

RISR's dividend yield for the trailing twelve months is around 5.43%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	5.43%	5.95%	5.67%	7.96%	4.26%	0.30%

Frequently Asked Questions

Which ETF is better, RISR or HYKE?

On fees, HYKE is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISR or HYKE?

HYKE is cheaper with a 0.85% expense ratio, compared with 1.13% for RISR.

Which ETF pays a higher dividend yield, RISR or HYKE?

RISR has the higher dividend yield at 5.43%, compared with 0.00% for HYKE.

What is the main difference between RISR and HYKE?

They also come from different issuers: FolioBeyond and Cboe Vest. Their fees differ too: 1.13% for RISR and 0.85% for HYKE.