RHRX vs. CLSM

Last updated Jun 3, 2026

RHRX (RH Tactical Rotation ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both Tactical Allocation funds. RHRX is actively managed, while CLSM is passively managed. Over the past 3 years, RHRX returned 23.01%/yr vs 13.89%/yr for CLSM. A 0.64 correlation means they provide meaningful diversification when combined. RHRX charges 1.36%/yr vs 0.82%/yr for CLSM.

Performance

RHRX vs. CLSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RH Tactical Rotation ETF (RHRX) and Cabana Target Leading Sector Moderate ETF (CLSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RHRX having a 21.71% return and CLSM slightly lower at 20.91%.

RHRX

• 1D: 1.22%
• 1M: 6.21%
• YTD: 21.71%
• 6M: 22.05%
• 1Y: 42.26%
• 3Y*: 23.01%
• 5Y*: —
• 10Y*: —

CLSM

• 1D: 0.55%
• 1M: 9.14%
• YTD: 20.91%
• 6M: 20.97%
• 1Y: 35.30%
• 3Y*: 13.89%
• 5Y*: —
• 10Y*: —

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

RHRX vs. CLSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RHRX RH Tactical Rotation ETF	21.71%	16.70%	22.21%	10.28%	-20.05%	1.33%
CLSM Cabana Target Leading Sector Moderate ETF	20.91%	15.32%	1.87%	3.78%	-23.23%	0.33%

Correlation

The correlation between RHRX and CLSM is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021	0.64

Over the past year, RHRX and CLSM have become more correlated (0.88) than their long-term average of 0.64, meaning their price movements have been converging.

RHRX vs. CLSM - Sectors Allocation Comparison

Sectors	RHRX	CLSM
Technology	39.3%	51.8%
Industrials	17.4%	1.0%
Basic Materials	15.8%	0.4%
Consumer Cyclical	6.7%	4.4%
Communication Services	6.3%	5.5%
Financial Services	4.9%	0.1%
Healthcare	3.3%	1.4%
Utilities	3.3%	0.5%
Consumer Defensive	1.5%	34.8%
Energy	0.9%	0.2%
Real Estate	0.6%	0.0%

Return for Risk

RHRX vs. CLSM — Risk / Return Rank

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

RHRX

RHRX Risk / Return Rank: 91
RHRX Sharpe Ratio Rank: 91
RHRX Sortino Ratio Rank: 91
RHRX Omega Ratio Rank: 88
RHRX Calmar Ratio Rank: 92
RHRX Martin Ratio Rank: 93

CLSM

CLSM Risk / Return Rank: 82
CLSM Sharpe Ratio Rank: 84
CLSM Sortino Ratio Rank: 81
CLSM Omega Ratio Rank: 83
CLSM Calmar Ratio Rank: 81
CLSM Martin Ratio Rank: 84

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.

RHRX vs. CLSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RH Tactical Rotation ETF (RHRX) and Cabana Target Leading Sector Moderate ETF (CLSM). 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.

	RHRX	CLSM	Difference
Sharpe ratio Return per unit of total volatility	3.22	2.79	+0.43
Sortino ratio Return per unit of downside risk	4.33	3.68	+0.65
Omega ratio Gain probability vs. loss probability	1.56	1.51	+0.05
Calmar ratio Return relative to maximum drawdown	6.28	4.25	+2.03
Martin ratio Return relative to average drawdown	24.67	17.62	+7.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RHRX vs. CLSM - Sharpe Ratio Comparison

The current RHRX Sharpe Ratio is 3.22, which is comparable to the CLSM Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of RHRX and CLSM, 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

	RHRX	CLSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.22	2.79	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.35	+0.18

Drawdowns

RHRX vs. CLSM - Drawdown Comparison

The maximum RHRX drawdown since its inception was -25.33%, smaller than the maximum CLSM drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for RHRX and CLSM.

Drawdown Indicators

	RHRX	CLSM	Difference
Max Drawdown Largest peak-to-trough decline	-25.33%	-27.77%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	-8.50%	+1.67%
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	-14.60%	-7.30%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.96%	-16.50%	+7.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	2.05%	-0.31%

Volatility

RHRX vs. CLSM - Volatility Comparison

RH Tactical Rotation ETF (RHRX) has a higher volatility of 4.51% compared to Cabana Target Leading Sector Moderate ETF (CLSM) at 3.60%. This indicates that RHRX's price experiences larger fluctuations and is considered to be riskier than CLSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RHRX	CLSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	3.60%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	9.72%	10.58%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	13.18%	12.70%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.04%	12.47%	+6.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	12.47%	+6.57%

RHRX vs. CLSM - Expense Ratio Comparison

RHRX has a 1.36% expense ratio, which is higher than CLSM's 0.82% expense ratio.

Dividends

RHRX vs. CLSM - Dividend Comparison

RHRX has not paid dividends to shareholders, while CLSM's dividend yield for the trailing twelve months is around 0.74%.

Position	TTM	2025	2024	2023	2022	2021
CLSM Cabana Target Leading Sector Moderate ETF	0.74%	0.90%	2.13%	2.58%	3.17%	0.59%
RHRX RH Tactical Rotation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RHRX and CLSM in my portfolio?

RHRX and CLSM have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RHRX or CLSM?

RHRX has higher volatility (4.51%) compared to CLSM (3.60%). In terms of maximum drawdown, RHRX dropped -25.33% vs CLSM's -27.77%.

Which ETF is better, RHRX or CLSM?

On 3-year performance, RHRX leads with 23.01% vs 13.89% for CLSM. On fees, CLSM is cheaper at 0.82% per year. On volatility, CLSM has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RHRX or CLSM?

Over the 3-year period, RHRX has performed better with a 23.01% return vs 13.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RHRX or CLSM?

CLSM is cheaper with a 0.82% expense ratio, compared with 1.36% for RHRX.

Which ETF pays a higher dividend yield, RHRX or CLSM?

CLSM has the higher dividend yield at 0.74%, compared with 0.00% for RHRX.

What is the main difference between RHRX and CLSM?

They also come from different issuers: Adaptive and Cabana. Their fees differ too: 1.36% for RHRX and 0.82% for CLSM.

Which has better risk-adjusted returns?

RHRX currently has the higher Sharpe Ratio (3.22 vs 2.79), 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.