GHTA vs RISN

GHTADGoose Hollow Tactical Allocation ETF

RISNAInspire Capital Appreciation ETF

In short

GHTA A boutique macro shop's one-ticker answer to 60/40: GHTA actively shuffles global stock and bond ETFs as the business cycle turns, and measures itself against a plain 60% MSCI World / 40% Bloomberg U.S. Aggregate blend.

RISN A tactical blend of U.S. large-cap stocks and U.S. bonds from a values-screening shop, built to chase long-term growth with less turbulence than the large-cap market, at a fee below the typical tactical peer.

Stated mandate

GHTA The Fund seeks total return. It uses an actively managed tactical, go-anywhere approach across a wide variety of asset classes, including individual equities and ETFs, with exposure determined by market capitalization and/or industry classification.

RISN The fund seeks long-term capital appreciation with lower volatility than the U.S. large-cap stock market.

Why people hold it

• GHTA Go-anywhere by design. One ticker buys an actively managed mix across asset classes and geographies instead of a fixed stock-bond split.gham.co
• Honest yardstick: the fund names a 60% MSCI World / 40% Bloomberg U.S. Aggregate blend as its reference, so the manager's calls are judged against a simple mix anyone can replicate.
• Built on ETFs, not a black box. The portfolio holds equity and fixed income funds, and the adviser runs a macro and business-cycle framework it has applied since the 2021 launch.gham.cogham.co 2

• RISN Charges 0.72% a year, under the going rate for tactical multi-asset funds that actively shift their mix.
• One ticket holds U.S. large-cap equities alongside U.S. fixed income, with the stated aim of long-term appreciation at lower volatility than U.S. large caps.
• One of the stronger implementations in a crowded tactical multi-asset field, with a live record going back to its 2020 launch.
• Pays out quarterly, so the bond sleeve shows up as scheduled cash rather than a once-a-year surprise.

Worth knowing

• GHTA Cost is the sticking point: 1.77% net of a waiver through January 31, 2027 (1.84% gross), above the median of its 46-fund tactical group. ENDW charges 0.22%; GMOD 0.50% net of a waiver through June 30, 2027.
• Small and lightly traded, so bid-ask spreads can be wider than on household-name allocation funds, and size moves with flows.
• Everything rides on the manager's timing, not an index rulebook, and cash comes back once or twice a year rather than monthly.gham.co

• RISN Thinly traded and modest in size, so bid-ask spreads can matter more than the fee does. Limit orders are the standard workaround.
• Tactical means judgment calls: the allocation can look nothing like a fixed stock/bond blend at any given moment.
• Cheap for tactical, not cheap outright. Peers such as ENDW (0.22%) and ONOF (0.39%) run at a fraction of the fee.

Full GHTA profile⁠

Full RISN profile⁠