FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR)
FolioBeyond Alternative Income and Interest Rate Hedge ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $36.86, up 0.27% on the session, giving a market capitalisation of $277.2M. Its beta of -1.01 implies it has historically moved less than the broad market.
The fund primarily invests in interest-only mortgage-backed securities (MBS IOs) and U.S. Treasury bonds. The allocation between these two asset classes is actively managed and fluctuates based on several criteria. These criteria include relative value assessments, which consider historical yield levels compared to other financial instruments, market volatility, and other risk metrics identified by the sub-adviser. Macroeconomic factors like inflation and economic growth, along with any other pertinent elements deemed relevant by the sub-adviser, also inform these adjustments. This fund is categorized as non-diversified.
FolioBeyond Alternative Income and Interest Rate Hedge ETF is most often compared with the following Financial Services names: