QVOY vs. MOOD

Last updated Apr 1, 2026

Compare and contrast key facts about Q3 All-Season Active Rotation ETF (QVOY) and Relative Sentiment Tactical Allocation ETF (MOOD).

QVOY and MOOD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QVOY is an actively managed fund by Q3. It was launched on Dec 6, 2022. MOOD is an actively managed fund by Relative Sentiment. It was launched on May 18, 2022.

Performance

QVOY vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q3 All-Season Active Rotation ETF (QVOY) and Relative Sentiment Tactical Allocation ETF (MOOD). The values are adjusted to include any dividend payments, if applicable.

QVOY vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QVOY Q3 All-Season Active Rotation ETF	4.39%	16.45%	1.55%	17.19%	-0.53%
MOOD Relative Sentiment Tactical Allocation ETF	6.71%	30.39%	12.53%	12.56%	-2.19%

Returns By Period

In the year-to-date period, QVOY achieves a 4.39% return, which is significantly lower than MOOD's 6.71% return.

QVOY

• 1D: 0.47%
• 1M: -6.52%
• YTD: 4.39%
• 6M: 7.32%
• 1Y: 26.27%
• 3Y*: 12.71%
• 5Y*: —
• 10Y*: —

MOOD

• 1D: 1.73%
• 1M: -5.99%
• YTD: 6.71%
• 6M: 13.43%
• 1Y: 31.94%
• 3Y*: 18.49%
• 5Y*: —
• 10Y*: —

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

QVOY vs. MOOD - Expense Ratio Comparison

QVOY has a 1.30% expense ratio, which is higher than MOOD's 0.68% expense ratio.

QVOY

Q3 All-Season Active Rotation ETF

MOOD

Relative Sentiment Tactical Allocation ETF

Return for Risk

QVOY vs. MOOD — Risk / Return Rank

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

QVOY

QVOY Risk / Return Rank: 80
QVOY Sharpe Ratio Rank: 78
QVOY Sortino Ratio Rank: 76
QVOY Omega Ratio Rank: 75
QVOY Calmar Ratio Rank: 87
QVOY Martin Ratio Rank: 83

MOOD

MOOD Risk / Return Rank: 93
MOOD Sharpe Ratio Rank: 94
MOOD Sortino Ratio Rank: 92
MOOD Omega Ratio Rank: 95
MOOD Calmar Ratio Rank: 93
MOOD Martin Ratio Rank: 91

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.

QVOY vs. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Q3 All-Season Active Rotation ETF (QVOY) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.

	QVOY	MOOD	Difference
Sharpe ratio Return per unit of total volatility	1.48	2.25	-0.77
Sortino ratio Return per unit of downside risk	1.96	2.68	-0.72
Omega ratio Gain probability vs. loss probability	1.29	1.45	-0.16
Calmar ratio Return relative to maximum drawdown	2.75	3.32	-0.57
Martin ratio Return relative to average drawdown	9.60	11.99	-2.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QVOY vs. MOOD - Sharpe Ratio Comparison

The current QVOY Sharpe Ratio is 1.48, which is lower than the MOOD Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of QVOY and MOOD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QVOY	MOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	2.25	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	1.23	-0.46

Correlation

The correlation between QVOY and MOOD is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QVOY vs. MOOD - Dividend Comparison

QVOY's dividend yield for the trailing twelve months is around 8.91%, more than MOOD's 0.38% yield.

	TTM	2025	2024	2023	2022
QVOY Q3 All-Season Active Rotation ETF	8.91%	9.30%	10.88%	6.03%	0.46%
MOOD Relative Sentiment Tactical Allocation ETF	0.38%	0.40%	1.33%	1.34%	1.43%

Drawdowns

QVOY vs. MOOD - Drawdown Comparison

The maximum QVOY drawdown since its inception was -17.05%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for QVOY and MOOD.

Drawdown Indicators

	QVOY	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-14.34%	-2.71%
Max Drawdown (1Y) Largest decline over 1 year	-9.69%	-9.71%	+0.02%
Current Drawdown Current decline from peak	-6.95%	-7.29%	+0.34%
Average Drawdown Average peak-to-trough decline	-3.77%	-2.27%	-1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.69%	+0.09%

Volatility

QVOY vs. MOOD - Volatility Comparison

Q3 All-Season Active Rotation ETF (QVOY) has a higher volatility of 6.16% compared to Relative Sentiment Tactical Allocation ETF (MOOD) at 5.20%. This indicates that QVOY's price experiences larger fluctuations and is considered to be riskier than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QVOY	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.16%	5.20%	+0.96%
Volatility (6M) Calculated over the trailing 6-month period	13.84%	13.00%	+0.84%
Volatility (1Y) Calculated over the trailing 1-year period	17.85%	14.26%	+3.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	12.18%	+2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	12.18%	+2.86%