MIGO vs. HTUS

Last updated Jul 12, 2026

MIGO (MIG Core ETF) and HTUS (Hull Tactical US ETF) are both exchange-traded funds - MIGO is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while HTUS is a Long-Short fund actively managed by Exchange Traded Concepts. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. MIGO charges 0.45%/yr vs 0.97%/yr for HTUS.

Performance

MIGO vs. HTUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MIG Core ETF (MIGO) and Hull Tactical US ETF (HTUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MIGO

• 1D: 0.17%
• 1M: 3.26%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HTUS

• 1D: 0.52%
• 1M: 1.81%
• 6M: 11.01%
• YTD: 11.75%
• 1Y: 23.13%
• 3Y*: 21.12%
• 5Y*: 14.94%
• 10Y*: 12.46%

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

MIGO vs. HTUS - Yearly Performance Comparison

	2026 (YTD)
MIGO MIG Core ETF	22.06%
HTUS Hull Tactical US ETF	10.78%

Correlation

The correlation between MIGO and HTUS is 0.85, 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 Feb 23, 2026	0.85

Return for Risk

MIGO vs. HTUS — Risk / Return Rank

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

MIGO

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

HTUS

HTUS Risk / Return Rank: 77
HTUS Sharpe Ratio Rank: 76
HTUS Sortino Ratio Rank: 79
HTUS Omega Ratio Rank: 79
HTUS Calmar Ratio Rank: 67
HTUS Martin Ratio Rank: 82

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.

MIGO vs. HTUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MIG Core ETF (MIGO) and Hull Tactical US ETF (HTUS). 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.

	MIGO	HTUS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.92	—
Sortino ratio: Return per unit of downside risk	—	2.82	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	2.66	—
Martin ratio: Return relative to average drawdown	—	12.87	—

Drawdowns

MIGO vs. HTUS - Drawdown Comparison

The maximum MIGO drawdown since its inception was -13.39%, smaller than the maximum HTUS drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for MIGO and HTUS.

Drawdown Indicators

	MIGO	HTUS	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	-47.50%	+34.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.50%	—
Current Drawdown Current decline from peak	-1.78%	-0.17%	-1.61%
Average Drawdown Average peak-to-trough decline	-2.77%	-4.04%	+1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.79%	—

Volatility

Volatility by Period

	MIGO	HTUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.48%	12.01%	+13.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.48%	19.09%	+6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	21.49%	+3.99%

MIGO vs. HTUS - Expense Ratio Comparison

MIGO has a 0.45% expense ratio, which is lower than HTUS's 0.97% expense ratio.

Dividends

MIGO vs. HTUS - Dividend Comparison

MIGO has not paid dividends to shareholders, while HTUS's dividend yield for the trailing twelve months is around 10.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HTUS Hull Tactical US ETF	10.64%	11.89%	17.80%	1.18%	5.63%	7.20%	3.77%	0.92%	8.69%	8.29%	3.02%
MIGO MIG Core ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MIGO and HTUS in my portfolio?

MIGO and HTUS have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MIGO or HTUS?

On fees, MIGO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIGO or HTUS?

MIGO is cheaper with a 0.45% expense ratio, compared with 0.97% for HTUS.

Which ETF pays a higher dividend yield, MIGO or HTUS?

HTUS has the higher dividend yield at 10.64%, compared with 0.00% for MIGO.

What is the main difference between MIGO and HTUS?

MIGO is categorized as Large Cap Blend Equities, while HTUS is Long-Short. Their fees differ too: 0.45% for MIGO and 0.97% for HTUS.