RISR vs. UJB
Compare and contrast key facts about FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and ProShares Ultra High Yield (UJB).
RISR and UJB 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. UJB is a passively managed fund by ProShares that tracks the performance of the iBoxx $ Liquid High Yield Index (200%). It was launched on Apr 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RISR or UJB.
Key characteristics
| RISR | UJB | |
|---|---|---|
| YTD Return | 19.91% | 11.53% |
| 1Y Return | 12.88% | 24.39% |
| 3Y Return (Ann) | 19.54% | 0.32% |
| Sharpe Ratio | 1.24 | 2.44 |
| Sortino Ratio | 1.93 | 3.61 |
| Omega Ratio | 1.23 | 1.45 |
| Calmar Ratio | 1.66 | 1.18 |
| Martin Ratio | 6.28 | 16.19 |
| Ulcer Index | 2.13% | 1.41% |
| Daily Std Dev | 10.82% | 9.36% |
| Max Drawdown | -14.31% | -40.14% |
| Current Drawdown | -0.41% | -0.08% |
Correlation
The correlation between RISR and UJB is -0.26. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RISR vs. UJB - Performance Comparison
In the year-to-date period, RISR achieves a 19.91% return, which is significantly higher than UJB's 11.53% 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. UJB - Expense Ratio Comparison
RISR has a 1.13% expense ratio, which is lower than UJB's 1.27% expense ratio.
Risk-Adjusted Performance
RISR vs. UJB - 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 ProShares Ultra High Yield (UJB). 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. UJB - Dividend Comparison
RISR's dividend yield for the trailing twelve months is around 7.04%, more than UJB's 2.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 7.04% | 7.96% | 4.26% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UJB ProShares Ultra High Yield | 2.97% | 3.92% | 0.05% | 0.31% | 2.88% | 3.95% | 3.22% | 2.67% | 2.36% | 3.62% | 0.30% |
Drawdowns
RISR vs. UJB - Drawdown Comparison
The maximum RISR drawdown since its inception was -14.31%, smaller than the maximum UJB drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for RISR and UJB. For additional features, visit the drawdowns tool.
Volatility
RISR vs. UJB - Volatility Comparison
FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) has a higher volatility of 2.35% compared to ProShares Ultra High Yield (UJB) at 2.06%. This indicates that RISR's price experiences larger fluctuations and is considered to be riskier than UJB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.