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Tema American Reshoring ETF (RSHO) Sharpe Ratio: 2.62
Delisted

ETF · Currency in USD · Last updated Jun 24, 2026

RSHO is an actively managed ETF by Tema. RSHO launched on May 10, 2023 and has a 0.75% expense ratio.

RSHO's Sharpe Ratio of 2.62 indicates that for each unit of volatility, it generates 2.62 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 24, 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.

RSHO Sharpe Ratio Market Positioning

The chart shows RSHO'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%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.16
  • Green zone (top 25%): 2.16 or higher
  • Top 1%: 7.09+
  • Median: 1.58 — half of all investments score higher

How it compares to other similar ETFs

The table compares Tema American Reshoring ETF's Sharpe Ratio with other ETFs in the Mid Cap Blend Equities category across multiple time periods, showing how RSHO'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 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CTEFCastellan Targeted Equity ETF3.60
OPTZOptimize Strategy Index ETF3.09
CSDInvesco S&P Spin-Off ETF3.07
EPUiShares MSCI Peru ETF2.68
PEXLPacer US Export Leaders ETF2.38
FFSMFidelity Fundamental Small-Mid Cap ETF2.20
CPAICounterpoint Quantitative Equity ETF2.16
LSTLeuthold Select Industries ETF2.05
FDLSInspire Fidelis Multi Factor ETF2.04
LOPPGabelli Love Our Planet & People ETF2.02
RSHOTema American Reshoring ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does RSHO fit in your portfolio?

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