VO vs. RISR
VO (Vanguard Mid-Cap ETF) and RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) are both exchange-traded funds - VO is a Mid Cap Blend Equities fund tracking the CRSP US Mid Cap Index, while RISR is a Nontraditional Bonds fund actively managed by FolioBeyond. VO is passively managed, while RISR is actively managed. Over the past 3 years, VO returned 15.53%/yr vs 10.07%/yr for RISR. Their -0.09 correlation means they have often moved in opposite directions in the past. VO charges 0.03%/yr vs 1.13%/yr for RISR.
Performance
VO vs. RISR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VO achieves a 13.50% return, which is significantly higher than RISR's 4.75% return.
VO
- 1D
- 1.03%
- 1M
- 1.58%
- 6M
- 10.76%
- YTD
- 13.50%
- 1Y
- 17.71%
- 3Y*
- 15.53%
- 5Y*
- 7.98%
- 10Y*
- 11.46%
- ALL TIME*
- 10.37%
RISR
- 1D
- -0.15%
- 1M
- 1.47%
- 6M
- 4.83%
- YTD
- 4.75%
- 1Y
- 6.29%
- 3Y*
- 10.07%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.20M | $3.07M | $3.51M | |
| $194.14M | $292.34M | $238.59M |
VO vs. RISR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VO Vanguard Mid-Cap ETF | 13.50% | 11.62% | 15.31% | 16.03% | -18.73% | 8.00% |
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 4.75% | 4.63% | 24.20% | 7.02% | 31.98% | -0.04% |
Correlation
The correlation between VO and RISR is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (3Y) Balances recent behavior with more history. | -0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | -0.09 |
The correlation between VO and RISR shifts across timeframes, from -0.25 (1 year) to -0.09 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VO vs. RISR — Risk / Return Rank
VO
RISR
VO vs. RISR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap ETF (VO) 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.
| VO | RISR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.42 | -0.24 |
| Martin ratioReturn relative to average drawdown | 8.33 | 5.79 | +2.54 |
Loading charts...
Drawdowns
VO vs. RISR - Drawdown Comparison
The maximum VO drawdown since its inception was -58.87%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for VO and RISR.
Loading charts...
Drawdown Indicators
| VO | RISR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.87% | -14.31% | -44.56% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -2.61% | -5.56% |
Max Drawdown (3Y)Largest decline over 3 years | -19.02% | -8.07% | -10.95% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.37% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.15% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -7.81% | -2.12% | -5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 1.09% | +1.04% |
Volatility
VO vs. RISR - Volatility Comparison
Vanguard Mid-Cap ETF (VO) has a higher volatility of 2.31% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 1.13%. This indicates that VO'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.
Loading charts...
Volatility by Period
| VO | RISR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 1.13% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.42% | 3.57% | +5.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.58% | 5.25% | +7.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.60% | 11.67% | +5.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.87% | 11.67% | +7.20% |
VO vs. RISR - Expense Ratio Comparison
VO has a 0.03% expense ratio, which is lower than RISR's 1.13% expense ratio.
Dividends
VO vs. RISR - Dividend Comparison
VO's dividend yield for the trailing twelve months is around 1.31%, less than RISR's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF | 5.88% | 5.95% | 5.67% | 7.96% | 4.26% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VO Vanguard Mid-Cap ETF | 1.31% | 1.52% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% |
Frequently Asked Questions
VO and RISR have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VO has higher volatility (2.31%) compared to RISR (1.13%). In terms of maximum drawdown, VO dropped -58.87% vs RISR's -14.31%.
On 3-year performance, VO leads with 15.53% vs 10.07% for RISR. On fees, VO is cheaper at 0.03% per year. On volatility, RISR has been the lower-risk option at 1.13%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VO has performed better with a 15.53% return vs 10.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VO is cheaper with a 0.03% expense ratio, compared with 1.13% for RISR.
RISR has the higher dividend yield at 5.88%, compared with 1.31% for VO.
VO is categorized as Mid Cap Blend Equities, while RISR is Nontraditional Bonds. They also come from different issuers: Vanguard and FolioBeyond. Their fees differ too: 0.03% for VO and 1.13% for RISR.
VO currently has the higher Sharpe Ratio (1.42 vs 1.20), 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.
Find the right allocation for VO and RISR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer