MOOD vs. MAIN

Last updated Jun 13, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) is Tactical Allocation fund actively managed by Relative Sentiment, while MAIN (Main Street Capital Corporation) is a stock. Over the past 3 years, MOOD returned 20.20%/yr vs 18.74%/yr for MAIN. At a 0.45 correlation, their price movements are largely independent.

Performance

MOOD vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOOD achieves a 14.12% return, which is significantly higher than MAIN's -10.97% return.

MOOD

• 1D: 0.41%
• 1M: 0.95%
• YTD: 14.12%
• 6M: 15.59%
• 1Y: 34.43%
• 3Y*: 20.20%
• 5Y*: —
• 10Y*: —

MAIN

• 1D: 0.54%
• 1M: 3.14%
• YTD: -10.97%
• 6M: -12.92%
• 1Y: -3.16%
• 3Y*: 18.74%
• 5Y*: 12.76%
• 10Y*: 13.19%

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

MOOD vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MOOD Relative Sentiment Tactical Allocation ETF	14.12%	30.39%	12.53%	12.56%	-3.31%
MAIN Main Street Capital Corporation	-10.97%	10.74%	47.30%	28.22%	2.16%

Correlation

The correlation between MOOD and MAIN is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.45

The correlation between MOOD and MAIN shifts across timeframes, from 0.27 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MOOD vs. MAIN — Risk / Return Rank

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

MOOD

MOOD Risk / Return Rank: 77
MOOD Sharpe Ratio Rank: 83
MOOD Sortino Ratio Rank: 70
MOOD Omega Ratio Rank: 86
MOOD Calmar Ratio Rank: 77
MOOD Martin Ratio Rank: 67

MAIN

MAIN Risk / Return Rank: 34
MAIN Sharpe Ratio Rank: 36
MAIN Sortino Ratio Rank: 31
MAIN Omega Ratio Rank: 31
MAIN Calmar Ratio Rank: 38
MAIN Martin Ratio Rank: 37

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.

MOOD vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) and Main Street Capital Corporation (MAIN). 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.

	MOOD	MAIN	Difference
Sharpe ratio: Return per unit of total volatility	2.32	-0.16	+2.48
Sortino ratio: Return per unit of downside risk	2.76	-0.05	+2.81
Omega ratio: Gain probability vs. loss probability	1.45	0.99	+0.46
Calmar ratio: Return relative to maximum drawdown	3.46	-0.18	+3.64
Martin ratio: Return relative to average drawdown	10.68	-0.35	+11.03

MOOD vs. MAIN - Sharpe Ratio Comparison

The current MOOD Sharpe Ratio is 2.32, which is higher than the MAIN Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of MOOD and MAIN, 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

MOOD vs. MAIN - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for MOOD and MAIN.

Drawdown Indicators

	MOOD	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-64.53%	+50.19%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-22.43%	+12.72%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	-22.43%	+12.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.53%	—
Current Drawdown Current decline from peak	-0.86%	-18.28%	+17.42%
Average Drawdown Average peak-to-trough decline	-2.32%	-7.31%	+4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	11.18%	-8.04%

Volatility

MOOD vs. MAIN - Volatility Comparison

The current volatility for Relative Sentiment Tactical Allocation ETF (MOOD) is 4.19%, while Main Street Capital Corporation (MAIN) has a volatility of 5.82%. This indicates that MOOD experiences smaller price fluctuations and is considered to be less risky than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOOD	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	5.82%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	12.73%	20.12%	-7.39%
Volatility (1Y) Calculated over the trailing 1-year period	14.49%	24.84%	-10.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.13%	21.57%	-9.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.13%	27.30%	-15.17%

Dividends

MOOD vs. MAIN - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.35%, less than MAIN's 8.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAIN Main Street Capital Corporation	8.25%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MOOD and MAIN in my portfolio?

MOOD and MAIN have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOOD or MAIN?

MAIN has higher volatility (5.82%) compared to MOOD (4.19%). In terms of maximum drawdown, MOOD dropped -14.34% vs MAIN's -64.53%.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.32 vs -0.16), 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.