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Elm Market Navigator ETF (ELM) Sharpe Ratio: 2.08

ETF · Currency in USD · Last updated Jun 23, 2026

The Elm Market Navigator ETF is an actively managed fund-of-funds seeking long-term, risk-adjusted capital growth through low-cost index ETFs. It dynamically allocates across U.S. equities, non-U.S. equities, and fixed income using a rules-based approach.

ELM's Sharpe Ratio of 2.08 indicates that for each unit of volatility, it generates 2.08 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ELM Sharpe Ratio Rank

ELM Sharpe Ratio Rank: 65.565
Above Average

ELM ranks above 65.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

ELM Sharpe Ratio Market Positioning

The chart shows ELM's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.39+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares Elm Market Navigator ETF's Sharpe Ratio with other ETFs in the Tactical Allocation, Global Allocation, Diversified Portfolio category across multiple time periods, showing how ELM's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
TFPNBlueprint Chesapeake Multi-Asset Trend ETF3.09
RHRXRH Tactical Rotation ETF2.95
LEXIAlexis Practical Tactical ETF2.79
NTSEWisdomTree Emerging Markets Efficient Core Fund2.74
ENDWCambria Endowment Style ETF2.70
LALTFirst Trust Multi-Strategy Alternative ETF2.67
AVMAAvantis Moderate Allocation ETF2.63
ALTYGlobal X Alternative Income ETF2.60
INCMFranklin Income Focus ETF2.58
MOODRelative Sentiment Tactical Allocation ETF2.54
ELMElm Market Navigator ETF2.08

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ELM's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ELM consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ELM fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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