GMOD vs. THRO
GMOD (GMO Dynamic Allocation ETF) and THRO (iShares U.S. Thematic Rotation Active ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. GMOD charges 0.50%/yr vs 0.60%/yr for THRO.
Performance
GMOD vs. THRO - Performance Comparison
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Returns By Period
In the year-to-date period, GMOD achieves a 9.44% return, which is significantly lower than THRO's 14.21% return.
GMOD
- 1D
- 0.03%
- 1M
- 1.25%
- 6M
- 5.21%
- YTD
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
THRO
- 1D
- -0.43%
- 1M
- 2.35%
- 6M
- 15.19%
- YTD
- 14.21%
- 1Y
- 22.61%
- 3Y*
- 22.83%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $201.53K | $269.48K | $288.39K | |
| $22.73M | $25.57M | $80.66M |
GMOD vs. THRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GMOD GMO Dynamic Allocation ETF | 9.44% | 4.35% |
THRO iShares U.S. Thematic Rotation Active ETF | 14.21% | 2.67% |
Correlation
The correlation between GMOD and THRO is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025 | 0.77 |
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Return for Risk
GMOD vs. THRO — Risk / Return Rank
GMOD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
THRO
GMOD vs. THRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Dynamic Allocation ETF (GMOD) and iShares U.S. Thematic Rotation Active ETF (THRO). 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.
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.
| GMOD | THRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.09 | — |
| Martin ratioReturn relative to average drawdown | — | 8.52 | — |
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Drawdowns
GMOD vs. THRO - Drawdown Comparison
The maximum GMOD drawdown since its inception was -6.50%, smaller than the maximum THRO drawdown of -26.54%. Use the drawdown chart below to compare losses from any high point for GMOD and THRO.
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Drawdown Indicators
| GMOD | THRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.50% | -26.54% | +20.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.87% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.07% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.43% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -6.53% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.66% | — |
Volatility
GMOD vs. THRO - Volatility Comparison
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Volatility by Period
| GMOD | THRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.75% | 14.55% | -5.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.75% | 18.71% | -9.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.75% | 18.71% | -9.96% |
GMOD vs. THRO - Expense Ratio Comparison
GMOD has a 0.50% expense ratio, which is lower than THRO's 0.60% expense ratio.
Dividends
GMOD vs. THRO - Dividend Comparison
GMOD's dividend yield for the trailing twelve months is around 1.34%, more than THRO's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GMOD GMO Dynamic Allocation ETF | 1.34% | 0.93% | 0.00% | 0.00% | 0.00% |
THRO iShares U.S. Thematic Rotation Active ETF | 0.25% | 0.15% | 0.73% | 0.55% | 0.90% |
Frequently Asked Questions
GMOD and THRO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GMOD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GMOD is cheaper with a 0.50% expense ratio, compared with 0.60% for THRO.
GMOD has the higher dividend yield at 1.34%, compared with 0.25% for THRO.
They also come from different issuers: GMO and iShares. Their fees differ too: 0.50% for GMOD and 0.60% for THRO.
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