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RHTX

GradeFNew York Stock Exchange Arca

RH Tactical Outlook ETF

Multi-Asset & Alternatives · Adaptive ETFs · Inception 2012-09-20 · SEC filings

$20.26+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Nov 8, 2021.
Intraday session: up, 6 prints from 19.79 to 20.26. Range 19.79 to 20.26. Use the arrow keys to read each point.$19.80$20.00$20.20Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
1.51%
Fund size
$8M
1Y return
+12.7%
Yield · Last 12 months
Holdings
5
Volume · 30D
0M sh
NAV per share
$20.20
52W range
low $17.46high $20.60

The ETF.net RHTX Grade

F

21/ 100

Rank 45 of 46 in Tactical Allocation

Confidence High

Six-pillar profile for RHTX. Scores out of 100: Cost 9, Risk 31, Mission 24, Tradability 8, Holdings 41, Durability 54. Strongest: Durability (54). Weakest: Tradability (8). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 21 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 9
    Category rank42/46 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 24
    Category rank23/26 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 31
    Category rank40/46 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 8
    Category rank44/46 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 41
    Category rank30/42 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank28/46 · mid-pack

Graded as of Sep 22, 2026

Our read on RHTX

ETF.net Research

FA go-anywhere allocator in one ticker: RHTX moves among stock, bond and alternative ETFs and can use options for risk management, with downside protection a stated secondary goal. It arrived as a 2021 mutual fund conversion.

Stated mandate

The Fund seeks total return from capital appreciation and current income, with a secondary goal of downside protection. It uses tactical asset allocation across equity and fixed-income ETFs and may use alternative-investment ETFs and options for risk management.

Why people hold it

  1. 01One ticker, one whole allocation: the manager can move across equity, fixed-income and alternative ETFs rather than hold a fixed stock/bond split.
  2. 02Downside protection is a stated secondary goal, and the mandate explicitly allows options for risk management.
  3. 03Global reach by design: US, developed international and emerging market exposure all sit inside the mandate.
  4. 04Not a startup strategy. It ran as the Adaptive Tactical Outlook mutual fund before converting to an ETF in November 2021.sec.gov

Worth knowing

  1. 01Pricey for the category at 1.51% a year, while top-rated tactical peers like ENDW (0.22%) and ONOF (0.39%) charge a fraction of that.
  2. 02A small fund that trades lightly, so bid-ask spreads can add to the cost of getting in and out.
  3. 03Fully discretionary, with no index to measure it against. The mix can swing widely, and the fund has not run on a regular payout schedule.

RHTX Holdings

As of Sep 20, 2026, 9:23 AM
Asset class
Other
Holdings
5
Top-10 weight
100%
Largest holding
SPY46.0%

Sectors

  • Technology29.8%
  • Financials13.3%
  • Industrials12.5%
  • Health Care10.9%
  • Consumer Discr.9.6%
  • Communication6.6%
  • Energy4.2%
  • Cons. Staples4.0%
  • Real Estate4.0%
  • Materials3.0%
  • Utilities2.3%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPYSPDR S&P 500 ETF Trust45.97%4,764$4M38
002SPMDSPDR PORTFOLIO S&P 400 MID CAP ETF20.83%25,633$2M5
003SLViShares Silver Trust8.99%11,846$710K7
004GLDSPDR Gold Shares8.42%1,656$664K8
005CashCash / Cash Equivalents8.27%652,969$653K104
006IWMISHARES RUSSELL 2000 ETF7.51%2,087$593K15

Showing 1–6 of 6 holdings

RHTX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RHTX$11,274
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RHTX $11,274. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for RHTX. Periods over one year show the average yearly return.
PeriodRHTX
Year to date+8.3%
1 month−1.4%
3 months+1.3%
1 year+12.7%
3 years+15.8%per year
5 yearsHistory unavailableper year
10 yearsHistory unavailableper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RHTX
YearReturn barRHTX
2026 YTD+8.3%
2025+15.4%
2024+18.3%
2023+7.0%
2022−19.7%
2021−0.0%

History from Nov 8, 2021

RHTX in the news

ETF.net Research hasn’t filed on RHTX yet — coverage lands here as it’s written.

RHTX Dividends

This fund pays no distributions.
Last 12 months
Payout per share
Last 12 months

No distributions in the last 12 months.

RHTX Risk

How much the fund’s monthly returns vary, scaled to a year.
11.9%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.79
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−24.7%
58 months · trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.07
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RHTX Cost

Expense ratio1.51%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

41 of the 46 Tactical Allocation funds charge less.

RHTX costs $151.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.