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Global X Adaptive U.S. Risk Management ETF (ONOF) Sharpe Ratio: 1.86

ETF · Currency in USD · Last updated Jun 17, 2026

ONOF is a passive ETF by Global X tracking the investment results of the Adaptive Wealth Strategies U.S. Risk Management Index. ONOF launched on Jan 12, 2021 and has a 0.39% expense ratio.

ONOF's Sharpe Ratio of 1.86 indicates that for each unit of volatility, it generates 1.86 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 17, 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.

ONOF Sharpe Ratio Rank

ONOF Sharpe Ratio Rank: 58.058
Average

ONOF ranks above 58.0% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

ONOF Sharpe Ratio Market Positioning

The chart shows ONOF'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%): 0.87 or lower
  • Yellow zone (middle 50%): 0.87 to 2.22
  • Green zone (top 25%): 2.22 or higher
  • Top 1%: 7.43+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar ETFs

The table compares Global X Adaptive U.S. Risk Management ETF's Sharpe Ratio with other ETFs in the Tactical Allocation category across multiple time periods, showing how ONOF'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 17, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RHRXRH Tactical Rotation ETF2.74
LEXIAlexis Practical Tactical ETF2.65
MOODRelative Sentiment Tactical Allocation ETF2.44
CLSMCabana Target Leading Sector Moderate ETF2.33
TDSBCabana Target Drawdown 7 ETF2.25
TRTYCambria Trinity ETF2.23
QQWZPacer Cash COWZ 100-Nasdaq 100 Rotator ETF2.22
TBFGThe Brinsmere Fund - Growth ETF2.21
COROiShares International Country Rotation Active ETF2.21
XRLXFundX Conservative ETF1.95
ONOFGlobal X Adaptive U.S. Risk Management ETF1.86

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ONOF'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 ONOF consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ONOF fit in your portfolio?

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

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