Adaptive Tactical Rotation ETF
$21.79+0.03 (+0.11%)
- 1.38%
- $58M
- +21.8%
- 0M sh
- $21.74
- low $17.46high $23.45
The ETF.net RHRX Grade
D
Score 29 out of 100
- 112 of 127
Score 29 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 113 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 62 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 100 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D27 out of 100Rank 117 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 48 of 127
Our read on RHRX
DA fund of ETFs with a market-timing switch: an S&P 500 core that can be hedged with options, plus permission to rotate into Treasury bond ETFs, cash, or inverse ETFs when its trend model turns negative.
The Fund seeks capital appreciation.
Why people hold it
- Unusually flexible mandate for an equity fund: the prospectus allows hedging S&P 500 positions with puts and calls and moving into treasury bond ETFs, cash, or inverse ETFs in downtrends.sec.gov
- The signal set is disclosed rather than vague: price momentum, volatility, and comparative indicators versus certain indices drive when the portfolio turns defensive.sec.gov
- Exposure arrives through unaffiliated ETFs whose holdings are generally S&P 500 common stocks, so the underlying is familiar large-cap equity, not exotic single names.sec.gov
- Running since 2021 inside a 1940 Act ETF wrapper, with daily holdings disclosure and the same rules that govern plain index funds.
Worth knowing
- Costs 1.38% a year, more than double the 0.65% median for active US equity funds and many times cheap core rivals like DFAU (0.12%) or AVLC (0.15%).
- Small and thinly traded, which typically means wider bid/ask spreads and more price impact on larger orders than with headline-size funds.
- Defensive mode can mean heavy cash or leveraged and inverse ETFs, which reset daily; a trend model that turns early or late shows up directly in results.sec.gov
RHRX Holdings
- Stocks
- 8
- 100%
- SPY
Sectors
- Technology39.8%
- Health Care20.2%
- Energy17.9%
- Communication6.5%
- Financials5.1%
- Consumer Discretionary4.2%
- Industrials3.4%
- Consumer Staples1.4%
- Real Estate0.6%
- Utilities0.6%
- Materials0.5%
Geography
- United States100.00%
RHRX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
RHRX$12,180
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RHRX |
|---|---|
| Year to date | +18.4% |
| 1 month | +1.3% |
| 3 months | 0.0% |
| 1 year | +21.8% |
| 3 years | +21.5% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RHRX |
|---|---|---|
| 2026 YTD | +18.4% | |
| 2025 | +16.7% | |
| 2024 | +22.2% | |
| 2023 | +10.2% | |
| 2022 | −20.0% | |
| 2021 | +1.3% |
RHRX in the news
RHRX Dividends
No distributions in the last 12 months.
RHRX Risk
- 12.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.21
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RHRX Cost
1.38%
RHRX1.38%
- The middle half of US Active Equity funds
- Median 0.70%
110 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- DTIMEClockwise U.S. Core Equity ETFExpense ratio 1.02%1 year return +15.3%
- DDUKQOcean Park Domestic ETFExpense ratio 2.96%1 year return +18.3%
- DGGMGGM Macro Alignment ETFExpense ratio 0.94%1 year return +16.8%
- DKOOLNorth Shore Equity Rotation ETFExpense ratio 1.32%1 year return +20.6%
- DRULEAdaptive Core ETFExpense ratio 2.24%1 year return +39.2%