MDAA vs. MOOD

Last updated Jun 24, 2026

MDAA (Myriad Dynamic Asset Allocation ETF) and MOOD (Relative Sentiment Tactical Allocation ETF) are both exchange-traded funds - MDAA is a Diversified Portfolio fund actively managed by Myriad, while MOOD is a Tactical Allocation fund actively managed by Relative Sentiment. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. MDAA charges 0.97%/yr vs 0.73%/yr for MOOD.

Performance

MDAA vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Myriad Dynamic Asset Allocation ETF (MDAA) and Relative Sentiment Tactical Allocation ETF (MOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MDAA achieves a 16.10% return, which is significantly higher than MOOD's 12.70% return.

MDAA

• 1D: -3.38%
• 1M: -0.04%
• YTD: 16.10%
• 6M: 15.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MOOD

• 1D: -1.87%
• 1M: -0.20%
• YTD: 12.70%
• 6M: 11.32%
• 1Y: 33.13%
• 3Y*: 19.98%
• 5Y*: —
• 10Y*: —

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

MDAA vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025
MDAA Myriad Dynamic Asset Allocation ETF	16.10%	-0.25%
MOOD Relative Sentiment Tactical Allocation ETF	12.70%	5.78%

Correlation

The correlation between MDAA and MOOD is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.84

Return for Risk

MDAA vs. MOOD — Risk / Return Rank

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

MDAA

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

MOOD

MOOD Risk / Return Rank: 69
MOOD Sharpe Ratio Rank: 74
MOOD Sortino Ratio Rank: 60
MOOD Omega Ratio Rank: 78
MOOD Calmar Ratio Rank: 71
MOOD Martin Ratio Rank: 61

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.

MDAA vs. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Myriad Dynamic Asset Allocation ETF (MDAA) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.

	MDAA	MOOD	Difference
Sharpe ratio: Return per unit of total volatility	—	2.27	—
Sortino ratio: Return per unit of downside risk	—	2.70	—
Omega ratio: Gain probability vs. loss probability	—	1.44	—
Calmar ratio: Return relative to maximum drawdown	—	3.43	—
Martin ratio: Return relative to average drawdown	—	10.57	—

Drawdowns

MDAA vs. MOOD - Drawdown Comparison

The maximum MDAA drawdown since its inception was -14.59%, roughly equal to the maximum MOOD drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for MDAA and MOOD.

Drawdown Indicators

	MDAA	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	-14.34%	-0.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.71%	—
Current Drawdown Current decline from peak	-5.99%	-2.57%	-3.42%
Average Drawdown Average peak-to-trough decline	-3.04%	-2.31%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.14%	—

Volatility

Volatility by Period

	MDAA	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.25%	14.69%	+10.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.25%	12.18%	+13.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.25%	12.18%	+13.07%

MDAA vs. MOOD - Expense Ratio Comparison

MDAA has a 0.97% expense ratio, which is higher than MOOD's 0.73% expense ratio.

Dividends

MDAA vs. MOOD - Dividend Comparison

MDAA's dividend yield for the trailing twelve months is around 0.40%, more than MOOD's 0.36% yield.

Position	TTM	2025	2024	2023	2022
MDAA Myriad Dynamic Asset Allocation ETF	0.40%	0.46%	0.00%	0.00%	0.00%
MOOD Relative Sentiment Tactical Allocation ETF	0.36%	0.40%	1.33%	1.34%	1.43%

Frequently Asked Questions

Can I hold both MDAA and MOOD in my portfolio?

MDAA and MOOD have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MDAA or MOOD?

On fees, MOOD is cheaper at 0.73% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MDAA or MOOD?

MOOD is cheaper with a 0.73% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, MDAA or MOOD?

MDAA has the higher dividend yield at 0.40%, compared with 0.36% for MOOD.

What is the main difference between MDAA and MOOD?

MDAA is categorized as Diversified Portfolio, while MOOD is Tactical Allocation. They also come from different issuers: Myriad and Relative Sentiment. Their fees differ too: 0.97% for MDAA and 0.73% for MOOD.