ETF overview
The THOR Index Rotation ETF (THIR) provides passively managed exposure to large-capitalization U.S. equities, utilizing a fund-of-funds strategy with an emphasis on volatility management. Its portfolio is assembled based on a proprietary algorithm that continually evaluates price trends and historical volatility across the S&P 500, the Dow Jones Industrial Average, and the NASDAQ 100, considering a medium-term horizon of three to six months. This process categorizes each index as either "risk-on" (suitable for investment) or "risk-off" (to be avoided). Only indices designated as "risk-on" are included in the portfolio. The allocation strategy adapts to these classifications: if all three indices are "risk-on," the fund allocates 33.3% of its assets to each. Should only one index be categorized as "risk-off," the remaining "risk-on" indices receive equal weighting. If just one index is "risk-on," assets are divided equally between that index and cash or cash equivalents. During extended periods of market decline, the fund can fully transition into U.S. money market funds, cash alternatives, or other exchange-traded funds. The index weights are adjusted weekly, a frequency that may lead to higher portfolio turnover.
Fund facts
- Expense ratio
- 0.69%
- Fund assets
- 193.78M USD (all share classes)
- Issuer
- THOR
- Inception date
- Sep 23, 2024
- Number of holdings
- 4
Breakdown
Holdings (4)
| Name | Ticker | Weight |
|---|---|---|
| State Street SPDR Dow Jones Industrial Average ETF Trust | DIA | 33.64% |
| State Street SPDR S&P 500 ETF Trust USD Class | SPY | 33.35% |
| Invesco QQQ Trust Series 1 USD Class | QQQ | 33.19% |
| SPDR Bloomberg 1-3 Month T-Bill ETF USD Class | BIL | 0.09% |
Similar ETFs
- Goaltender ETFGTND · Overlap 52% · Expense ratio 0.46%
- LHA Market State Tactical Beta ETFMSTB · Overlap 33% · Expense ratio 1.40%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.69%
- Fund assets
- 193.78M USD (all share classes)
- Issuer
- THOR
- Inception date
- Sep 23, 2024
- Number of holdings
- 4
| Name | Ticker | Weight |
|---|---|---|
| State Street SPDR Dow Jones Industrial Average ETF Trust | DIA | 33.64% |
| State Street SPDR S&P 500 ETF Trust USD Class | SPY | 33.35% |
| Invesco QQQ Trust Series 1 USD Class | QQQ | 33.19% |
| SPDR Bloomberg 1-3 Month T-Bill ETF USD Class | BIL | 0.09% |
The THOR Index Rotation ETF (THIR) provides passively managed exposure to large-capitalization U.S. equities, utilizing a fund-of-funds strategy with an emphasis on volatility management. Its portfolio is assembled based on a proprietary algorithm that continually evaluates price trends and historical volatility across the S&P 500, the Dow Jones Industrial Average, and the NASDAQ 100, considering a medium-term horizon of three to six months. This process categorizes each index as either "risk-on" (suitable for investment) or "risk-off" (to be avoided). Only indices designated as "risk-on" are included in the portfolio. The allocation strategy adapts to these classifications: if all three indices are "risk-on," the fund allocates 33.3% of its assets to each. Should only one index be categorized as "risk-off," the remaining "risk-on" indices receive equal weighting. If just one index is "risk-on," assets are divided equally between that index and cash or cash equivalents. During extended periods of market decline, the fund can fully transition into U.S. money market funds, cash alternatives, or other exchange-traded funds. The index weights are adjusted weekly, a frequency that may lead to higher portfolio turnover.
- Goaltender ETFGTND · Overlap 52% · Expense ratio 0.46%
- LHA Market State Tactical Beta ETFMSTB · Overlap 33% · Expense ratio 1.40%
Overlap is the share of assets the two funds hold in common.
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