RSMV vs. GLCR

Last updated Jun 23, 2026

RSMV (Relative Strength Managed Volatility Strategy ETF) and GLCR (GlacierShares Nasdaq Iceland ETF) are both exchange-traded funds - RSMV is a Large Cap Growth Equities fund actively managed by Teucrium, while GLCR is a Europe Equities fund tracking the MarketVector Iceland Global Total Return Net Index. RSMV is actively managed, while GLCR is passively managed. Over the past year, RSMV returned 27.01% vs -4.84% for GLCR. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

RSMV vs. GLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Strength Managed Volatility Strategy ETF (RSMV) and GlacierShares Nasdaq Iceland ETF (GLCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSMV achieves a 10.03% return, which is significantly higher than GLCR's -11.90% return.

RSMV

• 1D: 0.67%
• 1M: 3.73%
• YTD: 10.03%
• 6M: 9.46%
• 1Y: 27.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLCR

• 1D: -0.18%
• 1M: -10.90%
• YTD: -11.90%
• 6M: -10.81%
• 1Y: -4.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSMV vs. GLCR - Yearly Performance Comparison

	2026 (YTD)	2025
RSMV Relative Strength Managed Volatility Strategy ETF	10.03%	15.05%
GLCR GlacierShares Nasdaq Iceland ETF	-11.90%	7.26%

Correlation

The correlation between RSMV and GLCR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.45

RSMV vs. GLCR - Sectors Allocation Comparison

Sectors	RSMV	GLCR
Technology	47.8%	-
Consumer Defensive	12.9%	21.5%
Financial Services	11.3%	33.1%
Consumer Cyclical	7.4%	5.7%
Industrials	7.1%	6.4%
Communication Services	6.7%	1.5%
Energy	5.0%	-
Healthcare	3.5%	18.6%
Basic Materials	3.4%	5.4%
Utilities	2.6%	-
Real Estate	-	7.9%

Return for Risk

RSMV vs. GLCR — Risk / Return Rank

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

RSMV

RSMV Risk / Return Rank: 68
RSMV Sharpe Ratio Rank: 66
RSMV Sortino Ratio Rank: 62
RSMV Omega Ratio Rank: 65
RSMV Calmar Ratio Rank: 75
RSMV Martin Ratio Rank: 75

GLCR

GLCR Risk / Return Rank: 6
GLCR Sharpe Ratio Rank: 6
GLCR Sortino Ratio Rank: 6
GLCR Omega Ratio Rank: 6
GLCR Calmar Ratio Rank: 6
GLCR Martin Ratio Rank: 6

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.

RSMV vs. GLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Strength Managed Volatility Strategy ETF (RSMV) and GlacierShares Nasdaq Iceland ETF (GLCR). 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.

	RSMV	GLCR	Difference
Sharpe ratio: Return per unit of total volatility	2.09	-0.29	+2.38
Sortino ratio: Return per unit of downside risk	2.82	-0.28	+3.10
Omega ratio: Gain probability vs. loss probability	1.38	0.96	+0.41
Calmar ratio: Return relative to maximum drawdown	3.73	-0.26	+3.99
Martin ratio: Return relative to average drawdown	13.61	-0.68	+14.29

RSMV vs. GLCR - Sharpe Ratio Comparison

The current RSMV Sharpe Ratio is 2.09, which is higher than the GLCR Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of RSMV and GLCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RSMV vs. GLCR - Drawdown Comparison

The maximum RSMV drawdown since its inception was -17.58%, smaller than the maximum GLCR drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for RSMV and GLCR.

Drawdown Indicators

	RSMV	GLCR	Difference
Max Drawdown Largest peak-to-trough decline	-17.58%	-18.59%	+1.01%
Max Drawdown (1Y) Largest decline over 1 year	-7.27%	-18.59%	+11.32%
Current Drawdown Current decline from peak	0.00%	-18.10%	+18.10%
Average Drawdown Average peak-to-trough decline	-3.90%	-5.10%	+1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	7.08%	-5.09%

Volatility

RSMV vs. GLCR - Volatility Comparison

The current volatility for Relative Strength Managed Volatility Strategy ETF (RSMV) is 6.05%, while GlacierShares Nasdaq Iceland ETF (GLCR) has a volatility of 8.32%. This indicates that RSMV experiences smaller price fluctuations and is considered to be less risky than GLCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSMV	GLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.05%	8.32%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	11.00%	13.39%	-2.39%
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	16.79%	-3.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.99%	18.59%	-3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.99%	18.59%	-3.60%

RSMV vs. GLCR - Expense Ratio Comparison

Both RSMV and GLCR have an expense ratio of 0.95%.

Dividends

RSMV vs. GLCR - Dividend Comparison

RSMV's dividend yield for the trailing twelve months is around 0.91%, less than GLCR's 1.10% yield.

Position	TTM	2025
GLCR GlacierShares Nasdaq Iceland ETF	1.10%	0.97%
RSMV Relative Strength Managed Volatility Strategy ETF	0.91%	1.00%

Frequently Asked Questions

Can I hold both RSMV and GLCR in my portfolio?

RSMV and GLCR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSMV or GLCR?

GLCR has higher volatility (8.32%) compared to RSMV (6.05%). In terms of maximum drawdown, RSMV dropped -17.58% vs GLCR's -18.59%.

Which ETF is better, RSMV or GLCR?

On 1-year performance, RSMV leads with 27.01% vs -4.84% for GLCR. Both ETFs have the same 0.95% expense ratio. On volatility, RSMV has been the lower-risk option at 6.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RSMV or GLCR?

Over the 1-year period, RSMV has performed better with a 27.01% return vs -4.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RSMV or GLCR?

RSMV and GLCR have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, RSMV or GLCR?

GLCR has the higher dividend yield at 1.10%, compared with 0.91% for RSMV.

What is the main difference between RSMV and GLCR?

RSMV is categorized as Large Cap Growth Equities, while GLCR is Europe Equities.

Which has better risk-adjusted returns?

RSMV currently has the higher Sharpe Ratio (2.09 vs -0.29), 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.