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AHLT vs RISN

Ahl Liquid Trend ETF

AHLTCNYSE Arca

Inspire Capital Appreciation ETF

RISNANYSE Arca

Overlap

0.0%by weight

Expense ratio

RISN −0.24pt a year

AHLT0.96%RISN0.72%

Avg volume · 30D

AHLT 1.6×the volume

AHLT24.3KRISN14.8K

3Y return · a year

RISN +7.6pt

AHLT+5.7%RISN+13.3%

AHLT vs RISN Performance

Oct 31, 2025 – Oct 30, 2026

+21.0%AHLT+4.8%RISN

Oct 31, 2025 to Oct 30, 2026. AHLT +21.0%. RISN +4.8%. Use the arrow keys to read each point.0%10%30%Oct 2025Apr 2026Oct 2026
Expense ratio
AHLT 0.96%
RISN 0.72%, better
Fund size
AHLT $186M
RISN $70M
1Y total return
AHLT +21.0%, better
RISN +4.8%
Yield (12M)
AHLT 1.49%, better
RISN 1.05%
Holdings
AHLT 32
RISN 53
Avg volume (30D)
AHLT 24.3K sh, better
RISN 14.8K sh
NAV per share
AHLT $30.36
RISN $31.09
52W range

ETF.net Grade

AHLT: Cost 44, Risk 37, Mission not scored, Tradability 58, Holdings 44, Durability 75. RISN: Cost 76, Risk 46, Mission 85, Tradability 64, Holdings 80, Durability 68.
Pillar letters and Scores for AHLT, RISN, with each pillar’s weight
PillarAHLTRISN
Cost30% weightC44A76Higher
Mission25% weightNot scoredA85
Risk15% weightD37C46Higher
Tradability15% weightB58B64Higher
Holdings10% weightC44A80Higher
Durability5% weightA75HigherB68

Rank among Tactical Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AHLT and RISN are both graded against the same 46 Tactical Allocation funds, so their Grades compare head to head.

Tactical Allocation⁠

Category · 46 funds
See all 46 ›

RISN ranks 4th and AHLT 29th of 46 funds in the Tactical Allocation Category.

  1. Rank 1AENDWCambria Endowment Style ETFScore 81
  2. Rank 2AGMODGMO Dynamic Allocation ETFScore 76
  3. Rank 3APTBDPacer Trendpilot US Bond ETFScore 72
  4. Rank 4ARISNInspire Capital Appreciation ETFScore 71
  5. Rank 5BPBLPGIM Portfolio Ballast ETFScore 69
  6. Rank 28CTHYToews Agility Shares Dynamic Tactical Income ETFScore 48
  7. Rank 29CAHLTAhl Liquid Trend ETFScore 47
  8. Rank 29CDALIFirst Trust Dorsey Wright DALI Equity ETFScore 47

Our read on each fund

ETF.net Research

AHLTCAhl Liquid Trend ETF

RISNAInspire Capital Appreciation ETF

In short

AHLT Man AHL's managed-futures playbook in an ETF: fully systematic trend signals, long or short, across more than 20 global markets. American Beacon's debut ETF, live since 2023, at 0.96% with no fee waiver.

RISN A 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

AHLT The Fund seeks capital growth through a quantitative, systematic trend-following strategy across more than 20 global markets. It uses derivatives and may take both long and short positions, with exposure adjusted through volatility scaling and risk controls.

RISN The fund seeks long-term capital appreciation with lower volatility than the U.S. large-cap stock market.

Why people hold it

  • AHLT Signals, not opinions: the model takes long or short positions across stocks, bonds, currencies and commodities in more than 20 markets, with no discretionary buy or sell calls.americanbeaconfunds.com
  • Volatility scaling is built into the process: exposure is trimmed when a market turns turbulent and added back, within risk limits, as it calms.sec.gov
  • AHL Partners (Man Group's London quant arm) runs the trading, delivered in a 1940 Act ETF with daily exchange liquidity instead of a private-fund structure.sec.govbenzinga.com
  • RISN Charges 0.72% a year, under the going rate for tactical multi-asset funds that actively shift their mix.
  • One ticket holds U.S. large-cap equities alongside U.S. fixed income, with the stated aim of long-term appreciation at lower volatility than U.S. large caps.
  • One of the stronger implementations in a crowded tactical multi-asset field, with a live record going back to its 2020 launch.
  • Pays out quarterly, so the bond sleeve shows up as scheduled cash rather than a once-a-year surprise.

Worth knowing

  • AHLT The 0.96% fee is near the category median and carries no waiver; leaner tactical options exist, such as ENDW at 0.22% and GMOD at 0.50% net of a waiver through June 30, 2027.
  • A smaller fund that trades thinly, so spreads can be wider than on heavily traded index ETFs.
  • Trend models follow prices rather than forecast them, and the portfolio uses derivatives and shorts, which can amplify moves in NAV.sec.gov
  • RISN Thinly traded and modest in size, so bid-ask spreads can matter more than the fee does. Limit orders are the standard workaround.
  • Tactical means judgment calls: the allocation can look nothing like a fixed stock/bond blend at any given moment.
  • Cheap for tactical, not cheap outright. Peers such as ENDW (0.22%) and ONOF (0.39%) run at a fraction of the fee.

Full AHLT profile⁠

Full RISN profile⁠

AHLT vs RISN Holdings

How AHLT and RISN differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AHLT and 0.0% of RISN.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile0.9%
  • Sector11 Sectors62.2%
  • Asset classEquity100%

Sector

Sector weights in AHLT and RISN, widest gap first
SectorMore in AHLTMore in RISN
IndustrialsRISN +14.2 points
EnergyRISN +9.9 points
TechnologyAHLT +9.6 points
Health CareAHLT +8.8 points
FinancialsRISN +8.7 points
Consumer StaplesAHLT +6.8 points
CommunicationAHLT +6.3 points
MaterialsRISN +4.5 points
Consumer DiscretionaryAHLT +4.4 points
UtilitiesAHLT +1.9 points
Real EstateRISN +0.6 points

Country, concentration and asset class

Country by domicile

Country weights in AHLT and RISN, widest gap first
CountryMore in AHLTMore in RISN
United StatesRISN +99.1 points
United KingdomAHLT +94.8 points
SwitzerlandAHLT +2.5 points
Hong KongAHLT +1.0 points
Other countries (12)AHLT +0.7 points

Outside the US: AHLT 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

  • AHLT226.2%
  • RISN35.2%

Securities held

  • AHLT21
  • RISN52

Asset class

AHLT
Equity
RISN
Equity

Holdings

  • Only in AHLT21
  • In both0
  • Only in RISN52

Only in AHLT

21 securities, 100% of AHLT by weight

  • EUR26120954.10%
  • Treasury Bill 02/27 0.0000038.50%
  • CAD26121535.85%

Only in RISN

52 securities, 100% of RISN by weight

  • Wisdomtree Float19.09%
  • United Parcel-B1.82%
  • Home Depot Inc1.82%

Weight gaps

AHLT and RISN share no securities.

All 32 AHLT holdings⁠All RISN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AHLT vs RISN Cost

Overpaying AHLT vs RISN

$4,077

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AHLT 0.96%

    $18,034

  • RISN 0.72%

    $13,957

$10,000
30 years

Cost over time

  • AHLT 0.96%
  • RISN 0.72%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AHLT $18,034RISN $13,957

Year by year

YearAHLTRISNOverpaying
10$1,695$1,284$411
20$6,383$4,888$1,495
30$18,034$13,957$4,077

Expense ratio

  • 0.96%AHLT
  • 0.72%RISN, cheaper
  • Middle half of Tactical Allocation funds
  • Median 0.93%

RISN 12th cheapest of 46 funds

AHLT 27th cheapest of 46 funds

AHLT vs RISN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AHLT 1.49%, better
RISN 1.05%
Payout (12M)
AHLT $0.45
RISN $0.32
Last payment
AHLT $0.45
RISN $0.08
Ex-dividend
AHLT Dec 22, 2025
RISN Sep 25, 2026
Paid on
AHLT Dec 24, 2025
RISN Oct 1, 2026
Frequency
AHLT Irregular
RISN Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

AHLTIrregular · 2 paymentsAll AHLT payments⁠
One bar per payment. 2 payments from 2020 to 2026 YTD. Dec 21, 2023 $0.83; Dec 22, 2025 $0.45. Use the arrow keys to read each point.$0$2.50202020232026YTD
RISNQuarterly · 24 paymentsAll RISN payments⁠
One bar per payment. 24 payments from 2020 to 2026 YTD. Sep 25, 2020 $0.03; Dec 14, 2020 $1.16; Dec 30, 2020 $0.01; Mar 26, 2021 $0.03; Jun 25, 2021 $0.05; Sep 24, 2021 $0.05; Dec 14, 2021 $2.65; Sep 23, 2022 $0.06; Dec 14, 2022 $0.23; Mar 27, 2023 $0.13; Jun 23, 2023 $0.15; Sep 22, 2023 $0.11; Dec 14, 2023 $0.13; Mar 27, 2024 $0.08; Jun 25, 2024 $0.06; Sep 25, 2024 $0.10; Dec 16, 2024 $0.13; Mar 27, 2025 $0.04; Jun 26, 2025 $0.06; Sep 26, 2025 $0.12; Dec 17, 2025 $0.07; Mar 27, 2026 $0.07; Jun 26, 2026 $0.10; Sep 25, 2026 $0.08. Use the arrow keys to read each point.$0$2.50202020232026YTD

AHLT vs RISN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AHLT 14.8%RISN 11.4%, better
Return per unit of riskSharpe ratio, 3 years
AHLT 0.15RISN 0.77, better
Worst fallMax drawdown, 5 years
AHLT −20.1%since Aug 2023RISN −21.9%
Market sensitivityBeta, 5 years
AHLT −0.10RISN 1.08

AHLT and RISN in the news

All news⁠

Popular comparisons

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