RHRX vs. DWAT

Last updated Jun 3, 2026

RHRX (RH Tactical Rotation ETF) and DWAT (Arrow DWA Tactical: Macro ETF) are both Tactical Allocation funds. Both are actively managed. RHRX charges 1.36%/yr vs 1.83%/yr for DWAT.

Performance

RHRX vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RH Tactical Rotation ETF (RHRX) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RHRX

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

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RHRX vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
RHRX RH Tactical Rotation ETF	16.43%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

RHRX vs. DWAT - Sectors Allocation Comparison

Sectors	RHRX	DWAT
Technology	39.3%	10.2%
Industrials	17.4%	25.1%
Basic Materials	15.8%	2.6%
Consumer Cyclical	6.7%	5.2%
Communication Services	6.3%	3.4%
Financial Services	4.9%	27.2%
Healthcare	3.3%	5.3%
Utilities	3.3%	5.3%
Consumer Defensive	1.5%	6.5%
Energy	0.9%	4.2%
Real Estate	0.6%	5.1%

Return for Risk

RHRX vs. DWAT — 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

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. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RH Tactical Rotation ETF (RHRX) and Arrow DWA Tactical: Macro ETF (DWAT). 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	DWAT	Difference
Sharpe ratio Return per unit of total volatility	3.22	—	—
Sortino ratio Return per unit of downside risk	4.33	—	—
Omega ratio Gain probability vs. loss probability	1.56	—	—
Calmar ratio Return relative to maximum drawdown	6.28	—	—
Martin ratio Return relative to average drawdown	24.67	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RHRX	DWAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	—	—

Drawdowns

RHRX vs. DWAT - Drawdown Comparison

The maximum RHRX drawdown since its inception was -25.33%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RHRX and DWAT.

Drawdown Indicators

	RHRX	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-25.33%	0.00%	-25.33%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.96%	0.00%	-8.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	—	—

Volatility

Volatility by Period

	RHRX	DWAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.18%	0.00%	+13.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.04%	0.00%	+19.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	0.00%	+19.04%

RHRX vs. DWAT - Expense Ratio Comparison

RHRX has a 1.36% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

RHRX vs. DWAT - Dividend Comparison

Neither RHRX nor DWAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, RHRX or DWAT?

On fees, RHRX is cheaper at 1.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RHRX or DWAT?

RHRX is cheaper with a 1.36% expense ratio, compared with 1.83% for DWAT.

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

RHRX and DWAT have nearly identical dividend yields, around 0.00%.

What is the main difference between RHRX and DWAT?

They also come from different issuers: Adaptive and Arrow Funds. Their fees differ too: 1.36% for RHRX and 1.83% for DWAT.