SFTX vs. PRTO

Last updated Jun 4, 2026

SFTX (Horizon International Managed Risk ETF) and PRTO (RCN Pareto Strategic Allocation ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.82% expense ratio.

Performance

SFTX vs. PRTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon International Managed Risk ETF (SFTX) and RCN Pareto Strategic Allocation ETF (PRTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SFTX

• 1D: -0.29%
• 1M: 7.93%
• YTD: 22.26%
• 6M: 24.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRTO

• 1D: -0.71%
• 1M: 2.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFTX vs. PRTO - Yearly Performance Comparison

	2026 (YTD)
SFTX Horizon International Managed Risk ETF	16.11%
PRTO RCN Pareto Strategic Allocation ETF	10.17%

Correlation

The correlation between SFTX and PRTO is 0.81, 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 26, 2026	0.81

Return for Risk

SFTX vs. PRTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon International Managed Risk ETF (SFTX) 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.

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

Sharpe Ratios by Period

	SFTX	PRTO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.57	4.77	-2.20

Drawdowns

SFTX vs. PRTO - Drawdown Comparison

The maximum SFTX drawdown since its inception was -12.75%, which is greater than PRTO's maximum drawdown of -2.98%. Use the drawdown chart below to compare losses from any high point for SFTX and PRTO.

Drawdown Indicators

	SFTX	PRTO	Difference
Max Drawdown Largest peak-to-trough decline	-12.75%	-2.98%	-9.77%
Current Drawdown Current decline from peak	-0.29%	-0.71%	+0.42%
Average Drawdown Average peak-to-trough decline	-2.78%	-0.55%	-2.23%

Volatility

Volatility by Period

	SFTX	PRTO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.65%	14.03%	+7.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.65%	14.03%	+7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	14.03%	+7.62%

SFTX vs. PRTO - Expense Ratio Comparison

Both SFTX and PRTO have an expense ratio of 0.82%.

Dividends

SFTX vs. PRTO - Dividend Comparison

SFTX's dividend yield for the trailing twelve months is around 0.20%, while PRTO has not paid dividends to shareholders.

Position	TTM	2025
PRTO RCN Pareto Strategic Allocation ETF	0.00%	0.00%
SFTX Horizon International Managed Risk ETF	0.20%	0.25%

Frequently Asked Questions

Can I hold both SFTX and PRTO in my portfolio?

SFTX and PRTO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFTX or PRTO?

Both ETFs have the same 0.82% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFTX or PRTO?

SFTX and PRTO have the same expense ratio: 0.82% per year.

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

SFTX has the higher dividend yield at 0.20%, compared with 0.00% for PRTO.

What is the main difference between SFTX and PRTO?

They also come from different issuers: Horizon and Tidal.