Filings Digest
Two Research Affiliates ETFs will charge more, and Anthropic funds are effective but not trading
Inspire Capital Appreciation ETF
$30.86−0.02 (−0.06%)
- 0.72%
- $70M
- +4.8%
- 1.05%
- 14.8K sh
- low $28.16high $32.25
The ETF.net RISN Grade
A
Score 71 out of 100
- 4 of 46
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A76 out of 100Rank 12 of 46Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 4 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 27 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 10 of 46Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 7 of 43Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 12 of 46
Our read on RISN
In short
AA tactical blend of U.S. large-cap stocks and U.S. bonds from a values-screening shop, built to chase long-term growth with less turbulence than the large-cap market, at a fee below the typical tactical peer.
Stated mandate
The fund seeks long-term capital appreciation with lower volatility than the U.S. large-cap stock market.
Why people hold it
Worth knowing
RISN Holdings
- Stocks
- 53
- 35%
- USFR
Sectors
- Financials27.7%
- Industrials27.2%
- Energy15.4%
- Technology10.0%
- Materials8.1%
- Consumer Discretionary4.9%
- Utilities1.7%
- Consumer Staples1.7%
- Real Estate1.7%
- Health Care1.6%
Geography
- United States100.00%
RISN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
RISN$10,483
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RISN |
|---|---|
| Year to date | +7.2% |
| 1 month | +3.5% |
| 3 months | +0.6% |
| 1 year | +4.8% |
| 3 years | +13.3% |
| 5 years | +3.4% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RISN |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +10.8% | |
| 2024 | +7.6% | |
| 2023 | +10.3% | |
| 2022 | −18.1% | |
| 2021 | +22.6% | |
| 2020 | +7.1% |
RISN in the news
RISN Dividends
- 1.05%
- $0.32
- $0.08 per share
- Quarterly
RISN Risk
- 11.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
RISN Cost
Overpaying vs ENDW, cheapest in Tactical Allocation
$9,399
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
RISN 0.72%
$13,957
ENDW 0.22% Cheapest
$4,558
Cost over time
Year by year
| Year | RISN | ENDW | Overpaying |
|---|---|---|---|
| 10 | $1,284 | $401 | $883 |
| 20 | $4,888 | $1,561 | $3,327 |
| 30 | $13,957 | $4,558 | $9,399 |
Other funds in Tactical Allocation
- AGMODGMO Dynamic Allocation ETFExpense ratio 0.50%1 year return +11.8%
- APTBDPacer Trendpilot US Bond ETFExpense ratio 0.60%1 year return −0.1%
- BPBLPGIM Portfolio Ballast ETFExpense ratio 0.45%1 year return +7.3%
- BPWSPacer WealthShield ETFExpense ratio 0.60%1 year return −3.7%
- BLEXIAlexis Practical Tactical ETFExpense ratio 1.02%1 year return +13.3%
