LCO vs. RULE

Last updated Jul 17, 2026

LCO (LOGIQ Contrarian Opportunities ETF) and RULE (Adaptive Core ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. LCO charges 1.13%/yr vs 1.10%/yr for RULE.

Performance

LCO vs. RULE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LOGIQ Contrarian Opportunities ETF (LCO) and Adaptive Core ETF (RULE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LCO

• 1D: -2.51%
• 1M: -8.49%
• 6M: -2.54%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RULE

• 1D: -3.66%
• 1M: -8.30%
• 6M: 21.27%
• YTD: 30.31%
• 1Y: 33.66%
• 3Y*: 14.85%
• 5Y*: —
• 10Y*: —

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

LCO vs. RULE - Yearly Performance Comparison

	2026 (YTD)
LCO LOGIQ Contrarian Opportunities ETF	2.51%
RULE Adaptive Core ETF	24.68%

Correlation

The correlation between LCO and RULE is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	0.77

Return for Risk

LCO vs. RULE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCO

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

RULE

RULE Risk / Return Rank: 52
RULE Sharpe Ratio Rank: 45
RULE Sortino Ratio Rank: 42
RULE Omega Ratio Rank: 45
RULE Calmar Ratio Rank: 64
RULE Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCO vs. RULE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LOGIQ Contrarian Opportunities ETF (LCO) and Adaptive Core ETF (RULE). 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.

	LCO	RULE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.30	—
Sortino ratio: Return per unit of downside risk	—	1.79	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.56	—
Martin ratio: Return relative to average drawdown	—	8.90	—

Drawdowns

LCO vs. RULE - Drawdown Comparison

The maximum LCO drawdown since its inception was -11.40%, smaller than the maximum RULE drawdown of -30.48%. Use the drawdown chart below to compare losses from any high point for LCO and RULE.

Drawdown Indicators

	LCO	RULE	Difference
Max Drawdown Largest peak-to-trough decline	-11.40%	-30.48%	+19.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.21%	—
Current Drawdown Current decline from peak	-11.40%	-13.19%	+1.79%
Average Drawdown Average peak-to-trough decline	-5.00%	-14.73%	+9.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.79%	—

Volatility

Volatility by Period

	LCO	RULE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.41%	26.04%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.41%	16.51%	+8.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.41%	16.51%	+8.90%

LCO vs. RULE - Expense Ratio Comparison

LCO has a 1.13% expense ratio, which is higher than RULE's 1.10% expense ratio.

Dividends

LCO vs. RULE - Dividend Comparison

Neither LCO nor RULE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
LCO LOGIQ Contrarian Opportunities ETF	0.00%	0.00%	0.00%	0.00%	0.00%
RULE Adaptive Core ETF	0.00%	0.00%	0.00%	2.01%	0.01%

Frequently Asked Questions

Can I hold both LCO and RULE in my portfolio?

LCO and RULE 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.

Which ETF is better, LCO or RULE?

On fees, RULE is cheaper at 1.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCO or RULE?

RULE is cheaper with a 1.10% expense ratio, compared with 1.13% for LCO.

Which ETF pays a higher dividend yield, LCO or RULE?

LCO and RULE have nearly identical dividend yields, around 0.00%.

What is the main difference between LCO and RULE?

They also come from different issuers: LOGIQ and Mohr Funds. Their fees differ too: 1.13% for LCO and 1.10% for RULE.