EZRO vs. SFTX

Last updated Jun 4, 2026

EZRO (AlphaDroid Defensive Sector Rotation ETF) and SFTX (Horizon International Managed Risk ETF) are both Tactical Allocation funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. EZRO charges 1.01%/yr vs 0.82%/yr for SFTX.

Performance

EZRO vs. SFTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaDroid Defensive Sector Rotation ETF (EZRO) and Horizon International Managed Risk ETF (SFTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZRO achieves a 8.53% return, which is significantly lower than SFTX's 22.26% return.

EZRO

• 1D: -1.77%
• 1M: -1.37%
• YTD: 8.53%
• 6M: 8.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFTX

• 1D: -0.29%
• 1M: 7.93%
• YTD: 22.26%
• 6M: 24.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EZRO vs. SFTX - Yearly Performance Comparison

	2026 (YTD)	2025
EZRO AlphaDroid Defensive Sector Rotation ETF	8.53%	0.04%
SFTX Horizon International Managed Risk ETF	22.26%	1.61%

Correlation

The correlation between EZRO and SFTX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.43

Return for Risk

EZRO vs. SFTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Defensive Sector Rotation ETF (EZRO) and Horizon International Managed Risk ETF (SFTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EZRO	SFTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	2.57	-1.97

Drawdowns

EZRO vs. SFTX - Drawdown Comparison

The maximum EZRO drawdown since its inception was -11.57%, smaller than the maximum SFTX drawdown of -12.75%. Use the drawdown chart below to compare losses from any high point for EZRO and SFTX.

Drawdown Indicators

	EZRO	SFTX	Difference
Max Drawdown Largest peak-to-trough decline	-11.57%	-12.75%	+1.18%
Current Drawdown Current decline from peak	-3.67%	-0.29%	-3.38%
Average Drawdown Average peak-to-trough decline	-3.57%	-2.78%	-0.79%

Volatility

Volatility by Period

	EZRO	SFTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	21.65%	-3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	21.65%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	21.65%	-3.08%

EZRO vs. SFTX - Expense Ratio Comparison

EZRO has a 1.01% expense ratio, which is higher than SFTX's 0.82% expense ratio.

Dividends

EZRO vs. SFTX - Dividend Comparison

EZRO has not paid dividends to shareholders, while SFTX's dividend yield for the trailing twelve months is around 0.20%.

Position	TTM	2025
EZRO AlphaDroid Defensive Sector Rotation ETF	0.00%	0.00%
SFTX Horizon International Managed Risk ETF	0.20%	0.25%

Frequently Asked Questions

Can I hold both EZRO and SFTX in my portfolio?

EZRO and SFTX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZRO or SFTX?

On fees, SFTX is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZRO or SFTX?

SFTX is cheaper with a 0.82% expense ratio, compared with 1.01% for EZRO.

Which ETF pays a higher dividend yield, EZRO or SFTX?

SFTX has the higher dividend yield at 0.20%, compared with 0.00% for EZRO.

What is the main difference between EZRO and SFTX?

They also come from different issuers: AlphaDroid and Horizon. Their fees differ too: 1.01% for EZRO and 0.82% for SFTX.