Skip to Content
ETFs

Inspire Tactical Balanced ETF

RISN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 15 2020
Expense Ratio
0.81%
Type
US Diversified
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$510,298
AUM
$83,366,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund
18.92%
AZO
Autozone Inc.
1.37%
ROP
Roper Technologies Inc
1.23%
NTES
NetEase Inc - ADR
1.23%
FCNCA
First Citizens Bancshares, Inc (NC) - Ordinary Shares - Class A
1.22%
TTC
Toro Co.
1.20%
TSCO
Tractor Supply Co.
1.20%
TDG
Transdigm Group Incorporated
1.20%
SWKS
Skyworks Solutions, Inc.
1.20%
WSO
Watsco Inc. - Ordinary Shares - Class A
1.20%
Invest with RISN

What is RISN?

The Inspire Tactical Balanced ETF applies objective technical analysis signals to tactically shift allocations between varying proportions of US large cap stocks and US treasury bonds, or other defensive assets, seeking to provide capital appreciation with lower volatility than the US large cap stock market over the long term.

ETFs related toRISN

ETFs correlated to RISN include XAUG, GAUG, GMAR

RISN
Northern Lights Fund Trust IV - Inspire Tactical Balanced ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - March
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

RISN is a US Diversified ETF. The Inspire Tactical Balanced ETF applies objective technical analysis signals to tactically shift allocations between varying proportions of US large cap stocks and US treasury bonds, or other defensive assets, seeking to provide capital appreciation with lower volatility than the US large cap stock market over the long term.

Yes, RISN is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, RISN is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RISN is -0.0228%. This is the percent change in the value of RISN over the most recent 1-month period. The 3-month return on RISN is -0.0066%. This is the percent change in the value of RISN over the most recent 3-month period.

The standard deviation of RISN for the past year is 0.0749%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RISN include AOR, DRSK, and FPEI.

ETFs correlated to RISN include XAUG, GAUG, and GMAR.

ETFs that are inversely correlated to RISN include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.