MATE vs. PRTO

Last updated Jun 4, 2026

MATE (Man Active Trend Enhanced ETF) and PRTO (RCN Pareto Strategic Allocation ETF) are both Tactical Allocation funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. MATE charges 0.97%/yr vs 0.82%/yr for PRTO.

Performance

MATE vs. PRTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active Trend Enhanced ETF (MATE) and RCN Pareto Strategic Allocation ETF (PRTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MATE

• 1D: -0.07%
• 1M: 7.70%
• YTD: 20.78%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRTO

• 1D: -0.71%
• 1M: 2.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MATE vs. PRTO - Yearly Performance Comparison

	2026 (YTD)
MATE Man Active Trend Enhanced ETF	20.44%
PRTO RCN Pareto Strategic Allocation ETF	10.17%

Correlation

The correlation between MATE and PRTO is 0.74, 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 Mar 26, 2026	0.74

Return for Risk

MATE vs. PRTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Trend Enhanced ETF (MATE) and RCN Pareto Strategic Allocation ETF (PRTO). 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

	MATE	PRTO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.07	4.77	-1.71

Drawdowns

MATE vs. PRTO - Drawdown Comparison

The maximum MATE drawdown since its inception was -13.24%, which is greater than PRTO's maximum drawdown of -2.98%. Use the drawdown chart below to compare losses from any high point for MATE and PRTO.

Drawdown Indicators

	MATE	PRTO	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-2.98%	-10.26%
Current Drawdown Current decline from peak	-0.07%	-0.71%	+0.64%
Average Drawdown Average peak-to-trough decline	-3.27%	-0.55%	-2.72%

Volatility

Volatility by Period

	MATE	PRTO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.76%	14.03%	+7.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.76%	14.03%	+7.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.76%	14.03%	+7.73%

MATE vs. PRTO - Expense Ratio Comparison

MATE has a 0.97% expense ratio, which is higher than PRTO's 0.82% expense ratio.

Dividends

MATE vs. PRTO - Dividend Comparison

Neither MATE nor PRTO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MATE and PRTO in my portfolio?

MATE and PRTO have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MATE or PRTO?

On fees, PRTO 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, MATE or PRTO?

PRTO is cheaper with a 0.82% expense ratio, compared with 0.97% for MATE.

Which ETF pays a higher dividend yield, MATE or PRTO?

MATE and PRTO have nearly identical dividend yields, around 0.00%.

What is the main difference between MATE and PRTO?

They also come from different issuers: Man Group and Tidal. Their fees differ too: 0.97% for MATE and 0.82% for PRTO.