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CLSM vs RISN

ETC Cabana Target Leading Sector Moderate ETF

CLSMCNasdaq

Inspire Capital Appreciation ETF

RISNANYSE Arca

Overlap

0.0%by weight

Expense ratio

RISN −0.10pt a year

CLSM0.82%RISN0.72%

Avg volume · 30D

RISN 1.7×the volume

CLSM8.75KRISN14.8K

5Y return · a year

RISN +2.3pt

CLSM+1.1%RISN+3.4%

CLSM vs RISN Performance

Oct 29, 2021 – Oct 30, 2026

+5.7%CLSM+18.4%RISN

Oct 29, 2021 to Oct 30, 2026. CLSM +5.7%. RISN +18.4%. Use the arrow keys to read each point.−20%−10%0%Oct 2021Apr 2024Oct 2026
Expense ratio
CLSM 0.82%
RISN 0.72%, better
Fund size
CLSM $98M
RISN $70M
1Y total return
CLSM +15.4%, better
RISN +4.8%
Yield (12M)
CLSM 0.77%
RISN 1.05%, better
Holdings
CLSM 5
RISN 53
Avg volume (30D)
CLSM 8.75K sh
RISN 14.8K sh, better
NAV per share
CLSM $27.68
RISN $31.09
52W range

ETF.net Grade

CLSM: Cost 66, Risk 40, Mission not scored, Tradability 51, Holdings 31, Durability 60. RISN: Cost 76, Risk 46, Mission 85, Tradability 64, Holdings 80, Durability 68.
Pillar letters and Scores for CLSM, RISN, with each pillar’s weight
PillarCLSMRISN
Cost30% weightB66A76Higher
Mission25% weightNot scoredA85
Risk15% weightC40C46Higher
Tradability15% weightC51B64Higher
Holdings10% weightD31A80Higher
Durability5% weightB60B68Higher

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. CLSM 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 CLSM 26th 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 25CKAMOKensington Credit Opportunities ETFScore 53
  7. Rank 26CCLSMETC Cabana Target Leading Sector Moderate ETFScore 52
  8. Rank 26CFPAAFPA Global Allocation ETFScore 52

Our read on each fund

ETF.net Research

CLSMCETC Cabana Target Leading Sector Moderate ETF

RISNAInspire Capital Appreciation ETF

In short

CLSM A tactical allocation fund whose name states the plan: tilt toward leading sectors, dialed to a moderate risk setting. The mandate is plain long-term growth, and its 0.82% fee sits under the typical charge in the tactical crowd.

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

CLSM The Fund seeks to provide long-term growth.

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

Why people hold it

  • CLSM 0.82% a year, below the median expense ratio for its tactical allocation peer group.
  • One stated job in the prospectus: long-term growth. No index to shadow, so the sector mix can move as the model reads conditions.
  • Trading since 2021, so there is a live multi-year record behind the strategy rather than a backtest.
  • 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

  • CLSM Thinly traded, so spreads can run wider and larger orders are harder to fill than in heavily traded funds.
  • Cheap for its cohort, not cheap outright. Other tactical funds in the same group charge less, including ENDW at 0.22% and ONOF at 0.39%.
  • Discretionary with no declared index: the stated goal is simply long-term growth, so there is no benchmark contract to measure the sector calls against.
  • 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 CLSM profile⁠

Full RISN profile⁠

CLSM vs RISN Holdings

How CLSM and RISN differ

Overlap by weight

0.0%

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

Level by level

  • Holdings0 in both0.0%
  • Sector11 Sectors19.4%
  • Countryby domicile97.5%

Sector

Sector weights in CLSM and RISN, widest gap first
SectorMore in CLSMMore in RISN
TechnologyCLSM +48.2 points
Consumer StaplesCLSM +28.1 points
FinancialsRISN +27.6 points
IndustrialsRISN +25.5 points
EnergyRISN +15.2 points
MaterialsRISN +7.8 points
CommunicationCLSM +4.3 points
Real EstateRISN +1.7 points
UtilitiesRISN +1.3 points
Consumer DiscretionaryRISN +1.1 points
Health CareRISN +0.3 points

Country, concentration and asset class

Country by domicile

Country weights in CLSM and RISN, widest gap first
CountryMore in CLSMMore in RISN
United StatesRISN +2.5 points
NetherlandsCLSM +0.5 points
SingaporeCLSM +0.5 points
United KingdomCLSM +0.5 points
IrelandCLSM +0.5 points
Other countries (2)CLSM +0.4 points

Concentration

Weight in the 10 largest Holdings

  • CLSM100.0%
  • RISN35.2%

Securities held

  • CLSM4
  • RISN52

Asset class

CLSM
Multi-Asset
RISN
Equity

Holdings

  • Only in CLSM4
  • In both0
  • Only in RISN52

Only in CLSM

4 securities, 99.7% of CLSM by weight

  • Ss Technology Select Sector33.73%
  • Invesco Nasdaq 100 Etf30.09%
  • Ss Consumer Staples Sel Sect28.62%

Only in RISN

52 securities, 100% of RISN by weight

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

Weight gaps

CLSM and RISN share no securities.

All 4 CLSM 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.

CLSM vs RISN Cost

Overpaying CLSM vs RISN

$1,732

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

  • CLSM 0.82%

    $15,689

  • RISN 0.72%

    $13,957

$10,000
30 years

Cost over time

  • CLSM 0.82%
  • 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$20K051015202530CLSM $15,689RISN $13,957

Year by year

YearCLSMRISNOverpaying
10$1,457$1,284$173
20$5,519$4,888$631
30$15,689$13,957$1,732

Expense ratio

  • 0.82%CLSM
  • 0.72%RISN, cheaper
  • Middle half of Tactical Allocation funds
  • Median 0.93%

RISN 12th cheapest of 46 funds

CLSM 16th cheapest of 46 funds

CLSM vs RISN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CLSM 0.77%
RISN 1.05%, better
Payout (12M)
CLSM $0.21
RISN $0.32
Last payment
CLSM $0.21
RISN $0.08
Ex-dividend
CLSM Dec 30, 2025
RISN Sep 25, 2026
Paid on
CLSM Dec 31, 2025
RISN Oct 1, 2026
Frequency
CLSM Annual
RISN Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

CLSMAnnual · 3 paymentsAll CLSM payments⁠
One bar per payment. 3 payments from 2020 to 2026 YTD. Dec 30, 2021 $0.16; Dec 30, 2024 $0.43; Dec 30, 2025 $0.21. 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

CLSM vs RISN Risk

Fall from peak · 5 years

  • CLSM
  • RISN
Oct 29, 2021 to Oct 30, 2026. Worst fall: CLSM −31.7% · Apr 2025. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
CLSM 11.5%RISN 11.4%, better
Return per unit of riskSharpe ratio, 3 years
CLSM 0.66RISN 0.77, better
Worst fallMax drawdown, 5 years
CLSM −31.7%RISN −21.9%, better
Market sensitivityBeta, 5 years
CLSM 0.87RISN 1.08

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