SVOL vs. RISR
SVOL (Simplify Volatility Premium ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - SVOL is a Volatility fund actively managed by Simplify, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. Both are actively managed. Over the past 3 years, SVOL returned 5.94%/yr vs 10.84%/yr for RISR. Their -0.05 correlation means they have often moved in opposite directions in the past. SVOL charges 0.50%/yr vs 1.13%/yr for RISR.
Performance
SVOL vs. RISR - Performance Comparison
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Returns By Period
In the year-to-date period, SVOL achieves a 1.82% return, which is significantly lower than RISR's 4.91% return.
SVOL
- 1D
- 1.15%
- 1M
- 0.58%
- 6M
- 0.98%
- YTD
- 1.82%
- 1Y
- 18.14%
- 3Y*
- 5.94%
- 5Y*
- 6.94%
- 10Y*
- —
- ALL TIME*
- 7.96%
RISR
- 1D
- 0.23%
- 1M
- 1.62%
- 6M
- 5.38%
- YTD
- 4.91%
- 1Y
- 6.45%
- 3Y*
- 10.84%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.11M | $2.99M | $3.46M | |
| $4.50M | $3.83M | $4.52M |
SVOL vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SVOL Simplify Volatility Premium ETF | 1.82% | 2.41% | 6.77% | 22.88% | -3.30% | 5.47% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 4.91% | 4.63% | 24.20% | 7.02% | 31.98% | -0.04% |
Correlation
The correlation between SVOL and RISR is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.06 |
Correlation (3Y) Balances recent behavior with more history. | -0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.05 |
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Return for Risk
SVOL vs. RISR — Risk / Return Rank
SVOL
RISR
SVOL vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volatility Premium ETF (SVOL) and FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). 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.
| SVOL | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 2.28 | -0.91 |
| Martin ratioReturn relative to average drawdown | 4.00 | 5.46 | -1.46 |
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Drawdowns
SVOL vs. RISR - Drawdown Comparison
The maximum SVOL drawdown since its inception was -33.50%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for SVOL and RISR.
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Drawdown Indicators
| SVOL | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.50% | -14.31% | -19.19% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -2.61% | -8.81% |
Max Drawdown (3Y)Largest decline over 3 years | -33.50% | -8.07% | -25.43% |
Max Drawdown (5Y)Largest decline over 5 years | -33.50% | — | — |
Current DrawdownCurrent decline from peak | -1.33% | 0.00% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -2.12% | -2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 1.09% | +2.83% |
Volatility
SVOL vs. RISR - Volatility Comparison
Simplify Volatility Premium ETF (SVOL) has a higher volatility of 4.16% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.10%. This indicates that SVOL's price experiences larger fluctuations and is considered to be riskier than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SVOL | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 1.10% | +3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 9.66% | 3.56% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.23% | 5.27% | +11.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.96% | 11.67% | +10.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 11.67% | +10.07% |
SVOL vs. RISR - Expense Ratio Comparison
SVOL has a 0.50% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
SVOL vs. RISR - Dividend Comparison
SVOL's dividend yield for the trailing twelve months is around 22.14%, more than RISR's 5.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 5.87% | 5.95% | 5.67% | 7.96% | 4.26% | 0.30% |
SVOL Simplify Volatility Premium ETF | 22.14% | 19.82% | 16.79% | 16.36% | 18.32% | 4.65% |
Frequently Asked Questions
SVOL and RISR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVOL has higher volatility (4.16%) compared to RISR (1.10%). In terms of maximum drawdown, SVOL dropped -33.50% vs RISR's -14.31%.
On 3-year performance, RISR leads with 10.84% vs 5.94% for SVOL. On fees, SVOL is cheaper at 0.50% per year. On volatility, RISR has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, RISR has performed better with a 10.84% return vs 5.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SVOL is cheaper with a 0.50% expense ratio, compared with 1.13% for RISR.
SVOL has the higher dividend yield at 22.14%, compared with 5.87% for RISR.
SVOL is categorized as Volatility, while RISR is Nontraditional Bonds. They also come from different issuers: Simplify and FolioBeyond. Their fees differ too: 0.50% for SVOL and 1.13% for RISR.
RISR currently has the higher Sharpe Ratio (1.13 vs 0.91), 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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