ETF Evaluator:
FolioBeyond Alt Inc and Int Rt Hdg ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Nontraditional Bond Over the Last Year
| 7.1% | Simplify Kayne Anderson Ey&InfrasCrdtETF (KNRG) |
| 6.8% | WisdomTree Interest Rt Hdg Hi Yld Bd ETF (HYZD) |
| 6.3% | ProShares High Yield—Interest Rate Hdgd (HYHG) |
| 6.0% | FolioBeyond Alt Inc and Int Rt Hdg ETF (RISR) |
| 5.6% | NEOS Enhanced Income Credit Select ETF (HYBI) |
Risk
Index
Risk
Index
ETF Details
FolioBeyond Alt Inc and Int Rt Hdg ETF Overview
FolioBeyond Alt Inc and Int Rt Hdg ETF (RISR) is an actively managed Taxable Bond Nontraditional Bond exchange-traded fund (ETF). FolioBeyond launched the ETF in 2021.
The investment seeks to provide current income and protect against rising interest rates.
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to generate attractive current income while providing protection against rising interest rates (i.e., an interest rate hedge). The fund invests primarily in interest-only mortgage-backed securities (“MBS IOs”) and U.S. Treasury bonds. Under normal circumstances, the fund will invest at least 80% of its net assets in income producing fixed income securities exhibiting alternative income characteristics. The fund is non-diversified.
About FolioBeyond Alt Inc and Int Rt Hdg ETF (RISR)
There are 4 members of the management team with an average tenure of 4.05 years: Yung Lim (2021), Michael Venuto (2021), Dean Smith (2021) and Christopher Mullen (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE U.S. Treasury 7-10 Y Bd 1X In TR USD index with a weighting of 100%. FolioBeyond Alt Inc and Int Rt Hdg ETF has 147 securities in its portfolio. The top 10 holdings constitute 24.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
FolioBeyond Alt Inc and Int Rt Hdg ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. FolioBeyond Alt Inc and Int Rt Hdg ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 94.2% (94.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FolioBeyond Alt Inc and Int Rt Hdg ETF has 4.1% of the portfolio in cash.
Assets Under Management
The fund has $310 million in total assets, which is below the $320 million average for the Nontraditional Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RISR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FolioBeyond Alt Inc and Int Rt Hdg ETF expense ratio is high compared to funds in the Nontraditional Bond category. FolioBeyond Alt Inc and Int Rt Hdg ETF has an expense ratio of 1.04%, which is 22% lower than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. FolioBeyond Alt Inc and Int Rt Hdg ETF has a portfolio turnover rate of 5%, which indicates that it holds its assets around / 0.2 years. By way of comparison, the average portfolio turnover is 190% for the Nontraditional Bond category.
Recently, in the month of July 2026, FolioBeyond Alt Inc and Int Rt Hdg ETF returned 1.6%, which earned it a grade of A, as the Nontraditional Bond category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
FolioBeyond Alt Inc and Int Rt Hdg ETF has a trailing yield of 5.88%, which is below the 6.67% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
FolioBeyond Alt Inc and Int Rt Hdg ETF Grades
Year to date, the ETF has returned 5.2%, 5.2 percentage points better than the category, which translates into a grade of A. The fund has returned 6.0% over the past year (grade of A) and 10.8% over the past three years (grade of A).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about FolioBeyond Alt Inc and Int Rt Hdg ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
RISR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RISR Return (NAV) | 1.6% | 2.2% | 6.0% | 10.8% | na | na |
| RISR Return (Price) | 1.6% | 2.6% | 5.9% | 10.9% | na | na |
| NAV +/- Price Return | -0.009% | -0.364% | 0.069% | -0.095% | na | na |
| Nontraditional Bond Avg | -0.4% | -0.6% | 2.7% | 5.4% | 3.4% | 4.3% |
| RISR Grade (NAV) | A | A | A | A | na | na |
| +/- Category (NAV) | 1.9% | 2.8% | 3.3% | 5.4% | na | na |
| RISR Tax-Cost Ratio | na | na | 2.4% | 2.6% | na | na |
RISR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RISR Return (NAV) | 5.2% | 4.4% | 23.3% | 7.6% | 33.6% | na | na | na | na | na | na |
| RISR Return (Price) | 4.9% | 4.6% | 24.2% | 7.0% | 32.0% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.062% | 0.043% | 0.038% | -0.076% | -0.049% | na | na | na | na | na | na |
| Nontraditional Bond Avg | 0.1% | 4.6% | 8.2% | 9.5% | -3.9% | 6.2% | 0.9% | 7.2% | -0.7% | 4.0% | 7.7% |
| RISR Grade (NAV) | A | D | A | C | A | na | na | na | na | na | na |
| +/- Category | 5.2% | -0.1% | 15.1% | -1.9% | 37.5% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | -0.99 |
| R-Squared: | 73% |
| Standard Deviation: | 6.6% |
| Category Risk Index: | 1.22 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.54 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 5.9% |
| Total Assets: | $ 311 Mil |
| Share Class Assets: | $ 311 Mil |
| Turnover: | 5.0% |
| Expense Ratio: | 1.04% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 4.8 years | |||
| Average Tenure: 4.0 years | |||
| Managers (Year): Lim Yung (2021), Venuto Michael (2021), Smith Dean (2021), Mullen Christopher (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 147 |
| % in Top 10 Holdings: | 24.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 94.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.7% |
| Cash: | 4.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | FolioBeyond |
| Phone Number: | 866-497-4963 |
| Website: | |
| Inception Date: | September 30, 2021 |
Expenses and Fees
| Expense Ratio (%): | 1.04% (Rating: High) |
| Category Average Expense Ratio (%): | 1.34% |
