Continue to site >
Trending ETFs

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RH Tactical Rotation ETF

RHRX | Active ETF

$16.11

$16.4 M

0.00%

2.16%

Vitals

YTD Return

24.9%

1 yr return

25.4%

3 Yr Avg Return

3.5%

5 Yr Avg Return

N/A

Net Assets

$16.4 M

Holdings in Top 10

102.7%

52 WEEK LOW AND HIGH

$15.9
$12.56
$16.45

Expenses

OPERATING FEES

Expense Ratio 2.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RH Tactical Rotation ETF

RHRX | Active ETF

$16.11

$16.4 M

0.00%

2.16%

RHRX - Profile

Distributions

  • YTD Total Return 24.9%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    RH Tactical Rotation ETF
  • Fund Family Name
    Adaptive ETFs
  • Inception Date
    Sep 20, 2012
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott Wetherington

Fund Description

As an actively managed exchange-traded fund (“ETF”), the Fund will not seek to replicate the performance of an index. The Advisor seeks to achieve the Fund’s investment objective of capital appreciation by investing in exchange-traded funds (“ETFs”) that are registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and not affiliated with the Fund (“Portfolio Funds”). In addition to its indirect investments, the Fund may also invest directly in put and call options, index ETFs, sector ETFs, individual equities, and cash and cash equivalents as part of its risk management strategy.
The Advisor splits the Fund’s portfolio into two segments: core and opportunistic. The core segment of the Fund’s strategy targets a core position of approximately 25% in large-cap domestic securities. For the core segment of the Fund’s strategy, the Advisor may invest in ETFs that track the S&P 500 Index and utilize puts and calls for hedging the corresponding ETF. The investments of the Portfolio Funds will generally be comprised of equity securities included in the S&P 500 Index and principally consisting of common stock. The Advisor will balance the Fund’s Portfolio Funds around these core equity holdings.
The Advisor uses an investment model for analyzing market trends. The investment model includes factors such as price momentum, volatility, and comparative indicators relative to certain indices.  When the Advisor’s model indicates a negative market trend, the Fund may use defensive instruments, including ETFs that invest in treasury bonds, exchange traded notes (“ETNs”), and leverage and inverse ETFs. The Fund may hold significant cash or inverse ETF positions during unfavorable market conditions.
The opportunistic segment of the Fund’s portfolio is divided into two parts.  The first part targets an allocation of approximately 25% of the Fund’s net assets and consists of an allocation to large cap growth and/or large cap value ETFs. The Advisor’s proprietary Growth or Value Indicator (“GVI”) is used to determine this allocation.  The GVI is designed to identify the strengths or weaknesses in growth and/or value assets and determine which positions should be more attractive during certain market conditions.  GVI aims to enhance strategy performance while seeking to limit drawdowns of the Fund’s portfolio securities (the amount of money that an investment has lost from its highest point before it starts to recover).  The GVI considers the relative historical performance between the S&P 500 Growth Index and the S&P 500 Value Index, and the momentum of the relative historical performance of the S&P 500 Growth Index and the S&P 500 Value Index to determine the relative value between U.S. large cap growth and U.S. large cap value securities. The S&P 500 Growth Index is a sub-set of the S&P 500 Index that includes growth stocks, which it measures using three factors: sales growth, the ratio of earnings change to price, and momentum. The S&P 500 Value Index is a sub-set of the S&P 500 Index that includes value stocks, which it measures using three factors: the ratios of book value, earnings, and sales to price.  The second part of the opportunistic segment targets an allocation of approximately 50% to three U.S. domestic sector positions, which are generally of equal weight and aligned with the GVI. The strategy selects from a universe of fifteen sector ETFs ranking each sector Bullish, Moderately Bullish, Neutral, Moderately Bearish, and Bearish. The rankings utilize historical performance using a weighted average approach across different time frames. The rankings consider momentum, price valuation, up/down capture (how securities perform in relation to benchmarks in up market periods and down market periods), and market breadth (total number of stocks that are increasing in price as opposed to the number of stocks that are undergoing a decline in price).
The Fund will employ a risk management strategy intended to manage the volatility of the Fund’s returns and manage the overall risk of investing in the Fund. The risk management strategy monitors technical metrics on equity indices that may identify periods where there is potential for higher equity market risk. These technical metrics use mathematically based tools to identify positive or negative trends in equity indices, so, when the technical metrics identify a negative trend, there may be a potential for higher equity market risk. The investment model includes factors such as price momentum, volatility, and comparative indicators relative to certain indices. When periods of declining equity markets are more likely, the risk management strategy may reduce equity exposure. When employing this risk management strategy, the Fund may allocate a significant percentage of its assets to cash and cash equivalents. When employing the risk management strategy, in addition to cash and cash equivalents, the Fund may utilize a hedge overlay for downside protection, which will include put and call options and ETFs or ETNs that have exposure to changes in volatility or offer inverse performance to equity markets (inverse ETFs). The hedge overlay will be used when the Advisor believes there is the potential for higher risk of loss in equity markets.
The Portfolio Funds in which the Fund invests will have an investment objective similar to the Fund’s or will otherwise track particular market sectors. Although the Fund principally invests in Portfolio Funds with no sales-related expenses or very low sales-related expenses, the Fund is not precluded from investing in Portfolio Funds with sales-related expenses, redemption fees, and/or service fees. The Fund may have a relatively high level of portfolio turnover compared to other ETFs, which may affect the Fund’s performance due to higher transaction costs and higher taxes. Portfolio turnover will not be a limiting factor in making investment decisions.
Read More

RHRX - Performance

Return Ranking - Trailing

Period RHRX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.9% -23.1% 13.0% 94.47%
1 Yr 25.4% -35.8% 24.9% 20.72%
3 Yr 3.5%* -18.8% 16.5% 12.77%
5 Yr N/A* -14.6% 12.6% 3.33%
10 Yr N/A* -9.0% 4.1% N/A

* Annualized

Return Ranking - Calendar

Period RHRX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -48.5% 15.7% N/A
2022 -20.0% -10.0% 21.8% N/A
2021 N/A -5.8% 15.2% N/A
2020 N/A -7.6% 6.4% N/A
2019 N/A -6.8% 8.1% N/A

Total Return Ranking - Trailing

Period RHRX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.9% -29.8% 13.0% 98.42%
1 Yr 25.4% -35.8% 24.9% 20.72%
3 Yr 3.5%* -18.8% 16.5% 12.77%
5 Yr N/A* -14.6% 12.6% 3.33%
10 Yr N/A* -9.0% 6.3% N/A

* Annualized

Total Return Ranking - Calendar

Period RHRX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -48.5% 15.7% N/A
2022 -20.0% -10.0% 21.8% N/A
2021 N/A -5.8% 15.2% N/A
2020 N/A -6.8% 6.4% N/A
2019 N/A -6.8% 11.4% N/A

RHRX - Holdings

Concentration Analysis

RHRX Category Low Category High RHRX % Rank
Net Assets 16.4 M 1.96 M 15.7 B 86.22%
Number of Holdings 8 2 3255 96.46%
Net Assets in Top 10 16.7 M 349 K 12.1 B 78.35%
Weighting of Top 10 102.70% 22.2% 100.0% 1.33%

Top 10 Holdings

  1. ETF 30.45%
  2. ETF 20.65%
  3. ETF 19.63%
  4. ETF 15.24%
  5. ETF 14.98%
  6. OPTION 1.07%
  7. OPTION 0.68%
  8. OPTION 0.00%

Asset Allocation

Weighting Return Low Return High RHRX % Rank
Stocks
100.95% 0.00% 238.38% 1.97%
Other
1.75% -72.87% 73.78% 63.78%
Preferred Stocks
0.00% 0.00% 6.21% 27.17%
Convertible Bonds
0.00% 0.00% 8.92% 54.72%
Cash
0.00% -65.52% 88.88% 85.43%
Bonds
0.00% 0.00% 106.59% 81.89%

Stock Sector Breakdown

Weighting Return Low Return High RHRX % Rank
Utilities
0.00% 0.00% 91.12% 43.87%
Technology
0.00% 0.00% 85.77% 24.06%
Real Estate
0.00% 0.00% 99.45% 58.02%
Industrials
0.00% 0.00% 23.85% 64.15%
Healthcare
0.00% 0.00% 38.63% 35.38%
Financial Services
0.00% 0.00% 98.22% 52.83%
Energy
0.00% 0.00% 60.89% 55.19%
Communication Services
0.00% 0.00% 21.61% 7.55%
Consumer Defense
0.00% 0.00% 37.51% 43.40%
Consumer Cyclical
0.00% 0.00% 25.83% 14.62%
Basic Materials
0.00% 0.00% 56.73% 69.81%

Stock Geographic Breakdown

Weighting Return Low Return High RHRX % Rank
US
100.95% -1.19% 235.84% 4.72%
Non US
0.00% -6.82% 98.11% 53.15%

RHRX - Expenses

Operational Fees

RHRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.16% 0.44% 3.72% 50.99%
Management Fee 1.00% 0.00% 1.50% 63.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

RHRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RHRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RHRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 441.00% N/A

RHRX - Distributions

Dividend Yield Analysis

RHRX Category Low Category High RHRX % Rank
Dividend Yield 0.00% 0.00% 37.53% 46.25%

Dividend Distribution Analysis

RHRX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Quarterly

Net Income Ratio Analysis

RHRX Category Low Category High RHRX % Rank
Net Income Ratio N/A -2.12% 13.72% N/A

Capital Gain Distribution Analysis

RHRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

RHRX - Fund Manager Analysis

Managers

Scott Wetherington


Start Date

Tenure

Tenure Rank

Sep 20, 2012

9.7

9.7%

Scott is an accomplished member of the Cavalier team with 25 years of experience in portfolio management, research and investment strategies. Scott serves as Chief Investment Officer and is responsible for leading the research and investment strategies for Cavalier’s Mutual Funds. He also serves as Portfolio Manager for Cavalier’s Tactical Economic SMA, Cavalier Tactical Economic Fund, Cavalier Hedged High Income Fund and the NE Index Fund. Prior to Cavalier, Scott served as Senior Portfolio Manager and Chief Investment Strategist for Linder Capital Advisors. Scott is a frequent speaker at conferences on Portfolio Management and has been honored as a guest speaker at Georgia Institute of Technology. Scott earned his Bachelor of Business Administration at James Madison University. He resides in Georgia with his family. Scott also holds the Chartered Financial Analyst designation (CFA) and is a member of the Atlanta Society of Finance and Investment Professionals.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.83 6.64 13.0