RYSE vs. DUKZ

Last updated Jun 4, 2026

RYSE (Cboe Vest 10 Year Interest Rate Hedge ETF) and DUKZ (Ocean Park Diversified Income ETF) are both Nontraditional Bonds funds. Both are actively managed. Over the past year, RYSE returned 1.55% vs 8.21% for DUKZ. At a correlation of -0.50, they often move in opposite directions. RYSE charges 0.85%/yr vs 1.03%/yr for DUKZ.

Performance

RYSE vs. DUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and Ocean Park Diversified Income ETF (DUKZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RYSE having a 2.52% return and DUKZ slightly higher at 2.53%.

RYSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 2.52%
• 6M: 5.91%
• 1Y: 1.55%
• 3Y*: 4.39%
• 5Y*: —
• 10Y*: —

DUKZ

• 1D: -0.54%
• 1M: 1.34%
• YTD: 2.53%
• 6M: 2.49%
• 1Y: 8.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RYSE vs. DUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	2.52%	-3.09%	3.61%
DUKZ Ocean Park Diversified Income ETF	2.53%	4.24%	2.67%

Correlation

The correlation between RYSE and DUKZ is -0.49, 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	-0.49
Correlation (All Time) Calculated using the full available price history since Jul 12, 2024	-0.50

Return for Risk

RYSE vs. DUKZ — Risk / Return Rank

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

RYSE

RYSE Risk / Return Rank: 11
RYSE Sharpe Ratio Rank: 11
RYSE Sortino Ratio Rank: 10
RYSE Omega Ratio Rank: 10
RYSE Calmar Ratio Rank: 11
RYSE Martin Ratio Rank: 11

DUKZ

DUKZ Risk / Return Rank: 56
DUKZ Sharpe Ratio Rank: 57
DUKZ Sortino Ratio Rank: 58
DUKZ Omega Ratio Rank: 61
DUKZ Calmar Ratio Rank: 50
DUKZ Martin Ratio Rank: 53

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.

RYSE vs. DUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and Ocean Park Diversified Income ETF (DUKZ). 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.

	RYSE	DUKZ	Difference
Sharpe ratio: Return per unit of total volatility	0.15	1.92	-1.77
Sortino ratio: Return per unit of downside risk	0.29	2.72	-2.44
Omega ratio: Gain probability vs. loss probability	1.04	1.37	-0.33
Calmar ratio: Return relative to maximum drawdown	0.19	2.43	-2.24
Martin ratio: Return relative to average drawdown	0.40	9.00	-8.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYSE vs. DUKZ - Sharpe Ratio Comparison

The current RYSE Sharpe Ratio is 0.15, which is lower than the DUKZ Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of RYSE and DUKZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RYSE	DUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	1.92	-1.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	1.18	-0.76

Drawdowns

RYSE vs. DUKZ - Drawdown Comparison

The maximum RYSE drawdown since its inception was -19.70%, which is greater than DUKZ's maximum drawdown of -4.70%. Use the drawdown chart below to compare losses from any high point for RYSE and DUKZ.

Drawdown Indicators

	RYSE	DUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-19.70%	-4.70%	-15.00%
Max Drawdown (1Y) Largest decline over 1 year	-8.06%	-3.39%	-4.67%
Max Drawdown (3Y) Largest decline over 3 years	-19.70%	—	—
Current Drawdown Current decline from peak	-7.83%	-0.54%	-7.29%
Average Drawdown Average peak-to-trough decline	-9.18%	-1.14%	-8.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	0.91%	+2.95%

Volatility

RYSE vs. DUKZ - Volatility Comparison

The current volatility for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) is 0.00%, while Ocean Park Diversified Income ETF (DUKZ) has a volatility of 1.94%. This indicates that RYSE experiences smaller price fluctuations and is considered to be less risky than DUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYSE	DUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	1.94%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	6.64%	3.62%	+3.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	4.30%	+6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.92%	4.30%	+10.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.92%	4.30%	+10.62%

RYSE vs. DUKZ - Expense Ratio Comparison

RYSE has a 0.85% expense ratio, which is lower than DUKZ's 1.03% expense ratio.

Dividends

RYSE vs. DUKZ - Dividend Comparison

RYSE's dividend yield for the trailing twelve months is around 1.37%, less than DUKZ's 3.79% yield.

Position	TTM	2025	2024	2023
DUKZ Ocean Park Diversified Income ETF	3.79%	4.05%	2.44%	0.00%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	1.37%	1.86%	2.58%	24.91%

Frequently Asked Questions

Can I hold both RYSE and DUKZ in my portfolio?

RYSE and DUKZ have a correlation of -0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYSE or DUKZ?

DUKZ has higher volatility (1.94%) compared to RYSE (0.00%). In terms of maximum drawdown, RYSE dropped -19.70% vs DUKZ's -4.70%.

Which ETF is better, RYSE or DUKZ?

On 1-year performance, DUKZ leads with 8.21% vs 1.55% for RYSE. On fees, RYSE is cheaper at 0.85% per year. On volatility, RYSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RYSE or DUKZ?

Over the 1-year period, DUKZ has performed better with a 8.21% return vs 1.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RYSE or DUKZ?

RYSE is cheaper with a 0.85% expense ratio, compared with 1.03% for DUKZ.

Which ETF pays a higher dividend yield, RYSE or DUKZ?

DUKZ has the higher dividend yield at 3.79%, compared with 1.37% for RYSE.

What is the main difference between RYSE and DUKZ?

They also come from different issuers: Vest and Ocean Park. Their fees differ too: 0.85% for RYSE and 1.03% for DUKZ.

Which has better risk-adjusted returns?

DUKZ currently has the higher Sharpe Ratio (1.92 vs 0.15), 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.