MDAA vs RISN

MDAABMyriad Dynamic Asset Allocation ETF

RISNAInspire Capital Appreciation ETF

In short

MDAA A go-anywhere multi-asset fund that names its opponent out loud: the classic 60/40. MDAA chases long-term growth first and capital preservation second, shifting across global stocks and bonds to try to beat that blend.

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

MDAA The Fund seeks long-term capital appreciation and, secondarily, capital preservation. It aims to outperform a benchmark consisting of 60% global equities and 40% global bonds over the long term.

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

Why people hold it

• MDAA The prospectus names the yardstick: 60% global equities, 40% global bonds. Most tactical funds stay vague about what they are actually trying to beat.
• Capital preservation is written in as the secondary objective, so managing the downside is part of the stated mandate rather than a marketing line.
• Global reach across asset classes in one ticker, held in a standard 1940 Act ETF wrapper: 1099 tax reporting, no K-1, ordinary ETF plumbing.

• 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

• MDAA At 0.97% the fee sits right at the tactical multi-asset median (0.95%), but the cohort's top-rated names run cheaper: ENDW at 0.22%, ONOF at 0.39%. Cost is part of the 60/40 hurdle.
• Launched in 2025, so the record is short. A tactical allocation process only shows what it is across a full market cycle.
• Trades lightly next to the category's busiest names, which can mean wider spreads. Limit orders are the usual tool here.

• 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 MDAA profile⁠

Full RISN profile⁠