PRAE vs. RULE

Last updated Jun 4, 2026

PRAE (PlanRock Alternative Growth ETF) and RULE (Adaptive Core ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past year, PRAE returned 34.75% vs 52.19% for RULE. A 0.75 correlation means they provide meaningful diversification when combined. PRAE charges 1.43%/yr vs 1.10%/yr for RULE.

Performance

PRAE vs. RULE - Performance Comparison

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

Returns By Period

In the year-to-date period, PRAE achieves a 12.14% return, which is significantly lower than RULE's 45.39% return.

PRAE

• 1D: -0.42%
• 1M: 4.32%
• YTD: 12.14%
• 6M: 12.91%
• 1Y: 34.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RULE

• 1D: 0.66%
• 1M: 21.60%
• YTD: 45.39%
• 6M: 45.86%
• 1Y: 52.19%
• 3Y*: 20.38%
• 5Y*: —
• 10Y*: —

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

PRAE vs. RULE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PRAE PlanRock Alternative Growth ETF	12.14%	13.70%	8.54%	0.57%
RULE Adaptive Core ETF	45.39%	4.60%	7.59%	-0.10%

Correlation

The correlation between PRAE and RULE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.75

The correlation between PRAE and RULE has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.

PRAE vs. RULE - Sectors Allocation Comparison

Sectors	PRAE	RULE
Industrials	18.9%	13.2%
Financial Services	18.4%	5.7%
Technology	15.2%	54.4%
Energy	10.3%	2.4%
Consumer Cyclical	9.4%	3.2%
Healthcare	7.0%	6.4%
Basic Materials	6.5%	9.0%
Consumer Defensive	4.6%	0.8%
Communication Services	4.4%	5.0%
Real Estate	2.8%	0.0%
Utilities	2.4%	0.0%

Return for Risk

PRAE vs. RULE — Risk / Return Rank

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

PRAE

PRAE Risk / Return Rank: 70
PRAE Sharpe Ratio Rank: 73
PRAE Sortino Ratio Rank: 65
PRAE Omega Ratio Rank: 72
PRAE Calmar Ratio Rank: 73
PRAE Martin Ratio Rank: 69

RULE

RULE Risk / Return Rank: 79
RULE Sharpe Ratio Rank: 80
RULE Sortino Ratio Rank: 77
RULE Omega Ratio Rank: 76
RULE Calmar Ratio Rank: 80
RULE Martin Ratio Rank: 83

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.

PRAE vs. RULE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PlanRock Alternative Growth ETF (PRAE) 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.

	PRAE	RULE	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.59	-0.25
Sortino ratio: Return per unit of downside risk	2.97	3.47	-0.50
Omega ratio: Gain probability vs. loss probability	1.43	1.46	-0.03
Calmar ratio: Return relative to maximum drawdown	3.57	4.15	-0.57
Martin ratio: Return relative to average drawdown	12.50	16.93	-4.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRAE vs. RULE - Sharpe Ratio Comparison

The current PRAE Sharpe Ratio is 2.34, which is comparable to the RULE Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of PRAE and RULE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRAE	RULE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	2.59	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.47	+0.52

Drawdowns

PRAE vs. RULE - Drawdown Comparison

The maximum PRAE drawdown since its inception was -17.67%, smaller than the maximum RULE drawdown of -30.48%. Use the drawdown chart below to compare losses from any high point for PRAE and RULE.

Drawdown Indicators

	PRAE	RULE	Difference
Max Drawdown Largest peak-to-trough decline	-17.67%	-30.48%	+12.81%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-12.65%	+2.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.21%	—
Current Drawdown Current decline from peak	-0.42%	0.00%	-0.42%
Average Drawdown Average peak-to-trough decline	-4.13%	-14.98%	+10.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.09%	-0.30%

Volatility

PRAE vs. RULE - Volatility Comparison

The current volatility for PlanRock Alternative Growth ETF (PRAE) is 3.66%, while Adaptive Core ETF (RULE) has a volatility of 9.59%. This indicates that PRAE experiences smaller price fluctuations and is considered to be less risky than RULE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRAE	RULE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	9.59%	-5.93%
Volatility (6M) Calculated over the trailing 6-month period	11.98%	17.54%	-5.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.90%	20.25%	-5.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.82%	14.83%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.82%	14.83%	-0.01%

PRAE vs. RULE - Expense Ratio Comparison

PRAE has a 1.43% expense ratio, which is higher than RULE's 1.10% expense ratio.

Dividends

PRAE vs. RULE - Dividend Comparison

PRAE's dividend yield for the trailing twelve months is around 0.47%, while RULE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
PRAE PlanRock Alternative Growth ETF	0.47%	0.18%	0.99%	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 PRAE and RULE in my portfolio?

PRAE and RULE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRAE or RULE?

RULE has higher volatility (9.59%) compared to PRAE (3.66%). In terms of maximum drawdown, PRAE dropped -17.67% vs RULE's -30.48%.

Which ETF is better, PRAE or RULE?

On 1-year performance, RULE leads with 52.19% vs 34.75% for PRAE. On fees, RULE is cheaper at 1.10% per year. On volatility, PRAE has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PRAE or RULE?

Over the 1-year period, RULE has performed better with a 52.19% return vs 34.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PRAE or RULE?

RULE is cheaper with a 1.10% expense ratio, compared with 1.43% for PRAE.

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

PRAE has the higher dividend yield at 0.47%, compared with 0.00% for RULE.

What is the main difference between PRAE and RULE?

They also come from different issuers: PlanRock and Mohr Funds. Their fees differ too: 1.43% for PRAE and 1.10% for RULE.

Which has better risk-adjusted returns?

RULE currently has the higher Sharpe Ratio (2.59 vs 2.34), 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.