FolioBeyond and Tidal ETF Services Declare New ETF

FolioBeyond , an asset management company that utilizes artificial intelligence and algorithms along with machine learning tools for building portfolios, has partnered with Tidal ETF Services, a multi-manager ETF platform, to launch the Folio Beyond Rising Rates ETF ( RISR ). RISR, announced in the press release , seeks to provide income while also protecting against rising interest rates and can be used as a hedge against rising rates by both retail investors and institutions.