- ISIN
- US8851551015
- CUSIP
- 885155101
- Issuer
- THOR
- Inception Date
- Sep 12, 2022
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, Equal Weight
- Leveraged
- 1x (No leverage)
- Index Tracked
- THOR Equal Weight Low Volatility Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $50M
Share Price Chart
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Performance
THLV Performance Chart
THOR Equal Weight Low Volatility ETF (THLV) is up 11.1% since the beginning of the year. THLV is currently trading at $33 per share.
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Returns By Period
THOR Equal Weight Low Volatility ETF (THLV) has returned 11.11% so far this year and 20.29% over the past 12 months.
THOR Equal Weight Low Volatility ETF
- 1D
- 0.15%
- 1M
- 2.06%
- YTD
- 11.11%
- 6M
- 10.60%
- 1Y
- 20.29%
- 3Y*
- 12.44%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
THLV Monthly Returns History
Based on dividend-adjusted daily data since Sep 13, 2022, THLV's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Oct 2022 with a return of +8.4%, while the worst month was Sep 2022 at -7.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, THLV closed higher 56% of trading days. The best single day was Nov 10, 2022 with a return of +4.7%, while the worst single day was Jan 17, 2023 at -4.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.38% | 6.01% | -4.37% | 1.07% | 1.74% | 1.16% | 11.11% | ||||||
| 2025 | -1.33% | 0.50% | -0.88% | -0.22% | 3.45% | 2.62% | 1.10% | 2.24% | 1.39% | 0.27% | 1.47% | -0.47% | 10.50% |
| 2024 | -0.79% | 4.24% | 3.74% | -3.73% | 2.80% | -0.86% | 2.93% | 3.16% | 1.86% | -2.63% | 5.61% | -6.45% | 9.52% |
| 2023 | 3.85% | -2.77% | -1.40% | -0.34% | -3.07% | 6.78% | 2.95% | -2.69% | -4.24% | -1.33% | 3.16% | 5.60% | 5.88% |
| 2022 | -7.59% | 8.35% | 6.00% | -4.64% | 1.22% |
Benchmark Metrics
THOR Equal Weight Low Volatility ETF has an annualized alpha of 0.79%, beta of 0.56, and R2 of 0.58 versus S&P 500 Index. Calculated based on daily prices since September 13, 2022.
- This ETF participated in 69.37% of S&P 500 Index downside but only 57.45% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.56 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.79%
- Beta
- 0.56
- R²
- 0.58
- Upside Capture
- 57.45%
- Downside Capture
- 69.37%
Expense Ratio
THLV has an expense ratio of 0.64%, placing it in the medium range.
Return for Risk
Risk / Return Rank
THLV ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for THOR Equal Weight Low Volatility ETF (THLV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| THLV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 2.78 | +0.28 |
| Martin ratioReturn relative to average drawdown | 9.11 | 12.44 | -3.33 |
Dividends
Dividend History
THOR Equal Weight Low Volatility ETF provided a 1.60% dividend yield over the last twelve months, with an annual payout of $0.53 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.53 | $0.53 | $0.35 | $0.69 | $0.15 |
Dividend yield | 1.60% | 1.77% | 1.25% | 2.72% | 0.62% |
Monthly Dividends
The table displays the monthly dividend distributions for THOR Equal Weight Low Volatility ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.69 |
| 2022 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the THOR Equal Weight Low Volatility ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the THOR Equal Weight Low Volatility ETF was 13.15%, occurring on Apr 21, 2025. Recovery took 64 trading sessions.
The current THOR Equal Weight Low Volatility ETF drawdown is 0.54%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -13.15%Apr 2025 | 4mo 20d | 3mo 3d | 7mo 23dDec 2024 - Jul 2025 |
2023 correction2023 | -11.61%May 2023 | 4mo 7d | 9mo 4d | 1y 1moJan 2023 - Feb 2024 |
Bear market2022 | -7.59%Sep 2022 | 17d | 28d | 1mo 15dSep 2022 - Oct 2022 |
2026 pullback2026 | -6.66%Mar 2026 | 18d | — | 3mo 23dMar 2026 - now |
Bear market2022 | -5.58%Dec 2022 | 17d | 25d | 1mo 12dDec 2022 - Jan 2023 |
Drawdown Indicators
| THLV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.15% | -56.78% | +43.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.66% | -9.10% | +2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -13.15% | -18.90% | +5.75% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.54% | -1.80% | +1.26% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -10.71% | +6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.03% | +0.20% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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