---
ticker: "MSTB"
name: "LHA Market State Tactical Beta ETF"
url: "https://etf.net/etf/MSTB"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "102 of 127"
methodology: "https://etf.net/methodology"
---

# MSTB: LHA Market State Tactical Beta ETF

Grade **D**, Score 34 of 100. Rank 102 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 10 | 114 of 127 |
| Mission | 77 | 20 of 48 |
| Risk | 68 | 20 of 126 |
| Tradability | 39 | 86 of 127 |
| Holdings | Not scored | — |
| Durability | 60 | 55 of 127 |

## Top holdings

The fund holds 7 positions. These are the largest 7, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SPY | State Street SPDR S&P 500 ETF Trust | 65.56% |
| 2 | — | S&P500 EMINI FUT  Dec26 | 20.04% |
| 3 | — | United States Treasury Bill 01/21/2027 | 4.83% |
| 4 | — | First American Treasury Obligations Fund 01/01/204 | 2.95% |
| 5 | — | First American Government Obligations Fund 12/01/2 | 2.95% |
| 6 | — | United States Treasury Bill 10/29/2026 | 2.38% |
| 7 | — | Cash & Other | 1.29% |

Source: etf.net, https://etf.net/etf/MSTB. Please cite the page URL.