JSTC vs. SHEH

Last updated Aug 2, 2026

JSTC (Adasina Social Justice All Cap Global ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - JSTC is a Global Equities fund actively managed by Toroso Investments, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. JSTC is actively managed, while SHEH is passively managed. Over the past year, JSTC returned 17.52% vs 28.64% for SHEH. Their -0.10 correlation means they have often moved in opposite directions in the past. JSTC charges 0.89%/yr vs 0.19%/yr for SHEH.

Performance

JSTC vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adasina Social Justice All Cap Global ETF (JSTC) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JSTC achieves a 11.63% return, which is significantly lower than SHEH's 25.94% return.

JSTC

• 1D: -0.03%
• 1M: -0.08%
• 6M: 9.52%
• YTD: 11.63%
• 1Y: 17.52%
• 3Y*: 12.41%
• 5Y*: 6.37%
• 10Y*: —
• ALL TIME*: 8.55%

SHEH

• 1D: 1.60%
• 1M: 16.32%
• 6M: 22.14%
• YTD: 25.94%
• 1Y: 28.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JSTC Adasina Social Justice All Cap Global ETF	$1.31M	$859.73K	$669.66K
SHEH Shell plc ADRhedged ETF	$787.46K	$653.61K	$317.20K

JSTC vs. SHEH - Yearly Performance Comparison

	2026 (YTD)	2025
JSTC Adasina Social Justice All Cap Global ETF	11.63%	16.53%
SHEH Shell plc ADRhedged ETF	25.94%	12.63%

Correlation

The correlation between JSTC and SHEH is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.13
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.10

JSTC vs. SHEH - Sectors Allocation Comparison

Sectors	JSTC	SHEH
Technology	28.6%	-
Financial Services	23.5%	-
Industrials	18.4%	-
Healthcare	9.8%	-
Communication Services	7.2%	-
Consumer Cyclical	4.1%	-
Consumer Defensive	3.2%	-
Utilities	2.6%	-
Basic Materials	1.9%	-
Real Estate	0.7%	-
Energy	0.0%	96.5%

Return for Risk

JSTC vs. SHEH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JSTC

JSTC Risk / Return Rank: 49
JSTC Sharpe Ratio Rank: 48
JSTC Sortino Ratio Rank: 48
JSTC Omega Ratio Rank: 45
JSTC Calmar Ratio Rank: 47
JSTC Martin Ratio Rank: 56

SHEH

SHEH Risk / Return Rank: 48
SHEH Sharpe Ratio Rank: 55
SHEH Sortino Ratio Rank: 52
SHEH Omega Ratio Rank: 51
SHEH Calmar Ratio Rank: 44
SHEH Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JSTC vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adasina Social Justice All Cap Global ETF (JSTC) and Shell plc ADRhedged ETF (SHEH). 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.

	JSTC	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.34	-0.15
Sortino ratio: Return per unit of downside risk	1.74	1.87	-0.13
Omega ratio: Gain probability vs. loss probability	1.21	1.23	-0.02
Calmar ratio: Return relative to maximum drawdown	1.69	1.60	+0.09
Martin ratio: Return relative to average drawdown	6.76	4.36	+2.40

JSTC vs. SHEH - Sharpe Ratio Comparison

The current JSTC Sharpe Ratio is 1.19, which is comparable to the SHEH Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of JSTC and SHEH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JSTC vs. SHEH - Drawdown Comparison

The maximum JSTC drawdown since its inception was -26.82%, which is greater than SHEH's maximum drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for JSTC and SHEH.

Drawdown Indicators

	JSTC	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-17.53%	-9.29%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-17.53%	+7.60%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	—	—
Current Drawdown Current decline from peak	-1.45%	-2.90%	+1.45%
Average Drawdown Average peak-to-trough decline	-6.45%	-4.14%	-2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	6.41%	-3.94%

Volatility

JSTC vs. SHEH - Volatility Comparison

The current volatility for Adasina Social Justice All Cap Global ETF (JSTC) is 3.81%, while Shell plc ADRhedged ETF (SHEH) has a volatility of 6.72%. This indicates that JSTC experiences smaller price fluctuations and is considered to be less risky than SHEH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSTC	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	6.72%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	11.76%	17.32%	-5.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.12%	20.97%	-6.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.06%	20.55%	-4.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	20.55%	-4.80%

JSTC vs. SHEH - Expense Ratio Comparison

JSTC has a 0.89% expense ratio, which is higher than SHEH's 0.19% expense ratio.

Dividends

JSTC vs. SHEH - Dividend Comparison

JSTC's dividend yield for the trailing twelve months is around 1.22%, less than SHEH's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021
JSTC Adasina Social Justice All Cap Global ETF	1.22%	1.34%	1.11%	1.03%	0.83%	0.96%
SHEH Shell plc ADRhedged ETF	1.84%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JSTC and SHEH in my portfolio?

JSTC and SHEH have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JSTC or SHEH?

SHEH has higher volatility (6.72%) compared to JSTC (3.81%). In terms of maximum drawdown, JSTC dropped -26.82% vs SHEH's -17.53%.

Which ETF is better, JSTC or SHEH?

On 1-year performance, SHEH leads with 28.64% vs 17.52% for JSTC. On fees, SHEH is cheaper at 0.19% per year. On volatility, JSTC has been the lower-risk option at 3.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JSTC or SHEH?

Over the 1-year period, SHEH has performed better with a 28.64% return vs 17.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JSTC or SHEH?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.89% for JSTC.

Which ETF pays a higher dividend yield, JSTC or SHEH?

SHEH has the higher dividend yield at 1.84%, compared with 1.22% for JSTC.

What is the main difference between JSTC and SHEH?

JSTC is categorized as Global Equities, while SHEH is Energy Equities. They also come from different issuers: Toroso Investments and ADRhedged. Their fees differ too: 0.89% for JSTC and 0.19% for SHEH.

Which has better risk-adjusted returns?

SHEH currently has the higher Sharpe Ratio (1.34 vs 1.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.