RISRFolioBeyond Alternative Income and Interest Rate Hedge ETF

Get income4y track recordRanked #1,044 of 1,622 in this goal

Seeks to provide current income and protect against rising interest rates.

By FolioBeyond · Launched 2021

Annual Cost

1.04%

#5,051 of 5,562 · expensive

Fund Size

$251M

#2,130 of 5,562 · mid-size

Dividend YieldGoal

5.95%

Track Record

4 years

#2,501 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,487+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 31.6% of fund✓ well diversified

First American Government Obli

6.4%

Government National Mortgage Association

3.7%

Government National Mortgage Association

3.6%

Freddie Mac REMICS

3.1%

Fannie Mae REMICS

2.5%

Freddie Mac REMICS

2.5%

Freddie Mac REMICS

2.5%

Government National Mortgage Association

2.5%

Government National Mortgage Association

2.4%

Fannie Mae REMICS

2.3%

Asset allocation

Bonds

93.5%

Cash

8.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.4%Low

Year-on-year price swings

Max drawdown

-14.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.77Decent risk-adjusted returns

Sortino (3Y)

1.15Good downside protection

Bond profile

Duration

3.6 years

Avg maturity

1.9 years

Credit ratings

AAA

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide current income and protect against rising interest rates.
Strategy: Actively managed ETF investing primarily in interest-only mortgage-backed securities (MBS IOs) and U.S. Treasury bonds. Aims to generate income while hedging against rising interest rates by maintaining a negative duration target of approximately -3 to -10 years.
Inception date: September 30, 2021
Fund family: FolioBeyond