WAVLX vs. RISR

In the year-to-date period, WAVLX achieves a 2.48% return, which is significantly lower than RISR's 2.82% return.

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WAVLX has a 0.99% expense ratio, which is lower than RISR's 1.13% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Wavelength Interest Rate Neutral Fund (WAVLX) 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.

The current WAVLX Sharpe Ratio is 1.14, which is comparable to the RISR Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of WAVLX and RISR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

WAVLX's dividend yield for the trailing twelve months is around 4.29%, less than RISR's 5.62% yield.

The maximum WAVLX drawdown since its inception was -15.63%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for WAVLX and RISR.

The current volatility for Wavelength Interest Rate Neutral Fund (WAVLX) is 1.30%, while FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) has a volatility of 2.23%. This indicates that WAVLX experiences smaller price fluctuations and is considered to be less risky than RISR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.