PRTO vs. MATE

Last updated Jun 3, 2026

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

Performance

PRTO vs. MATE - Performance Comparison

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

Returns By Period

PRTO

• 1D: 0.51%
• 1M: 2.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MATE

• 1D: 0.38%
• 1M: 7.30%
• YTD: 20.86%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRTO vs. MATE - Yearly Performance Comparison

	2026 (YTD)
PRTO RCN Pareto Strategic Allocation ETF	10.96%
MATE Man Active Trend Enhanced ETF	20.52%

Correlation

The correlation between PRTO and MATE 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

PRTO vs. MATE - Risk-Adjusted Trends Comparison

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

	PRTO	MATE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.38	3.10	+2.28

Drawdowns

PRTO vs. MATE - Drawdown Comparison

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

Drawdown Indicators

	PRTO	MATE	Difference
Max Drawdown Largest peak-to-trough decline	-2.98%	-13.24%	+10.26%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.55%	-3.30%	+2.75%

Volatility

Volatility by Period

	PRTO	MATE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	21.85%	-7.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	21.85%	-7.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	21.85%	-7.83%

PRTO vs. MATE - Expense Ratio Comparison

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

Dividends

PRTO vs. MATE - Dividend Comparison

Neither PRTO nor MATE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PRTO and MATE in my portfolio?

PRTO and MATE 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, PRTO or MATE?

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, PRTO or MATE?

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

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

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

What is the main difference between PRTO and MATE?

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