PRTO vs. SFTX

Last updated Jun 5, 2026

PRTO (RCN Pareto Strategic Allocation ETF) and SFTX (Horizon International Managed Risk ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.82% expense ratio.

Performance

PRTO vs. SFTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RCN Pareto Strategic Allocation ETF (PRTO) and Horizon International Managed Risk ETF (SFTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRTO

• 1D: 0.61%
• 1M: 2.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFTX

• 1D: 0.38%
• 1M: 5.80%
• YTD: 22.73%
• 6M: 24.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRTO vs. SFTX - Yearly Performance Comparison

	2026 (YTD)
PRTO RCN Pareto Strategic Allocation ETF	10.84%
SFTX Horizon International Managed Risk ETF	16.55%

Correlation

The correlation between PRTO and SFTX is 0.81, 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 Mar 26, 2026	0.81

Return for Risk

PRTO vs. SFTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RCN Pareto Strategic Allocation ETF (PRTO) and Horizon International Managed Risk ETF (SFTX). 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	SFTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.07	2.61	+2.46

Drawdowns

PRTO vs. SFTX - Drawdown Comparison

The maximum PRTO drawdown since its inception was -2.98%, smaller than the maximum SFTX drawdown of -12.75%. Use the drawdown chart below to compare losses from any high point for PRTO and SFTX.

Drawdown Indicators

	PRTO	SFTX	Difference
Max Drawdown Largest peak-to-trough decline	-2.98%	-12.75%	+9.77%
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-0.54%	-2.76%	+2.22%

Volatility

Volatility by Period

	PRTO	SFTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	21.56%	-7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	21.56%	-7.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	21.56%	-7.65%

PRTO vs. SFTX - Expense Ratio Comparison

Both PRTO and SFTX have an expense ratio of 0.82%.

Dividends

PRTO vs. SFTX - Dividend Comparison

PRTO has not paid dividends to shareholders, while SFTX's dividend yield for the trailing twelve months is around 0.20%.

Position	TTM	2025
PRTO RCN Pareto Strategic Allocation ETF	0.00%	0.00%
SFTX Horizon International Managed Risk ETF	0.20%	0.25%

Frequently Asked Questions

Can I hold both PRTO and SFTX in my portfolio?

PRTO and SFTX have a correlation of 0.81, 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 SFTX?

Both ETFs have the same 0.82% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRTO or SFTX?

PRTO and SFTX have the same expense ratio: 0.82% per year.

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

SFTX has the higher dividend yield at 0.20%, compared with 0.00% for PRTO.

What is the main difference between PRTO and SFTX?

They also come from different issuers: Tidal and Horizon.