RHRX vs. PRTO

Last updated Jun 24, 2026

RHRX (RH Tactical Rotation ETF) and PRTO (RCN Pareto Strategic Allocation ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. RHRX charges 1.36%/yr vs 0.82%/yr for PRTO.

Performance

RHRX vs. PRTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RH Tactical Rotation ETF (RHRX) and RCN Pareto Strategic Allocation ETF (PRTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RHRX

• 1D: -2.79%
• 1M: 0.50%
• YTD: 18.02%
• 6M: 17.04%
• 1Y: 35.22%
• 3Y*: 21.00%
• 5Y*: —
• 10Y*: —

PRTO

• 1D: -1.49%
• 1M: -0.92%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RHRX vs. PRTO - Yearly Performance Comparison

	2026 (YTD)
RHRX RH Tactical Rotation ETF	14.46%
PRTO RCN Pareto Strategic Allocation ETF	8.12%

Correlation

The correlation between RHRX and PRTO is 0.91, 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 25, 2026	0.91

Return for Risk

RHRX vs. PRTO — Risk / Return Rank

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

RHRX

RHRX Risk / Return Rank: 85
RHRX Sharpe Ratio Rank: 84
RHRX Sortino Ratio Rank: 81
RHRX Omega Ratio Rank: 80
RHRX Calmar Ratio Rank: 90
RHRX Martin Ratio Rank: 90

PRTO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. PRTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RH Tactical Rotation ETF (RHRX) and RCN Pareto Strategic Allocation ETF (PRTO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RHRX	PRTO	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.31	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	5.18	—	—
Martin ratio: Return relative to average drawdown	19.38	—	—

Drawdowns

RHRX vs. PRTO - Drawdown Comparison

The maximum RHRX drawdown since its inception was -25.33%, which is greater than PRTO's maximum drawdown of -4.46%. Use the drawdown chart below to compare losses from any high point for RHRX and PRTO.

Drawdown Indicators

	RHRX	PRTO	Difference
Max Drawdown Largest peak-to-trough decline	-25.33%	-4.46%	-20.87%
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	-3.34%	-2.23%	-1.11%
Average Drawdown Average peak-to-trough decline	-8.87%	-0.84%	-8.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	—	—

Volatility

Volatility by Period

	RHRX	PRTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	16.25%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.12%	16.25%	+2.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.12%	16.25%	+2.87%

RHRX vs. PRTO - Expense Ratio Comparison

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

Dividends

RHRX vs. PRTO - Dividend Comparison

Neither RHRX nor PRTO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RHRX and PRTO in my portfolio?

With a correlation of 0.91, RHRX and PRTO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RHRX or PRTO?

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, RHRX or PRTO?

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

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

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

What is the main difference between RHRX and PRTO?

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