SHUS vs. ONEH

Last updated Aug 4, 2026

SHUS (Stratified LargeCap Hedged ETF) and ONEH (TrueShares Equity Hedge ETF) are both Equity Hedged funds. Both are actively managed. Their 0.10 correlation means their historical movements had little consistent relationship. Both charge a 0.79% expense ratio.

Performance

SHUS vs. ONEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stratified LargeCap Hedged ETF (SHUS) and TrueShares Equity Hedge ETF (ONEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SHUS

• 1D: 0.74%
• 1M: 0.95%
• 6M: 8.10%
• YTD: 11.99%
• 1Y: 18.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.87%

ONEH

• 1D: 0.45%
• 1M: 0.65%
• 6M: -0.40%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ONEH TrueShares Equity Hedge ETF	$1.50M	$739.32K	$307.90K
SHUS Stratified LargeCap Hedged ETF	$376.99	$481.64	$2.74K

SHUS vs. ONEH - Yearly Performance Comparison

	2026 (YTD)
SHUS Stratified LargeCap Hedged ETF	8.62%
ONEH TrueShares Equity Hedge ETF	-0.80%

Correlation

The correlation between SHUS and ONEH is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026	0.10

Return for Risk

SHUS vs. ONEH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SHUS

SHUS Risk / Return Rank: 76
SHUS Sharpe Ratio Rank: 77
SHUS Sortino Ratio Rank: 80
SHUS Omega Ratio Rank: 75
SHUS Calmar Ratio Rank: 73
SHUS Martin Ratio Rank: 74

ONEH

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SHUS vs. ONEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stratified LargeCap Hedged ETF (SHUS) and TrueShares Equity Hedge ETF (ONEH). 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.

	SHUS	ONEH	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.74	—	—
Martin ratio: Return relative to average drawdown	9.87	—	—

Drawdowns

SHUS vs. ONEH - Drawdown Comparison

The maximum SHUS drawdown since its inception was -14.09%, which is greater than ONEH's maximum drawdown of -3.55%. Use the drawdown chart below to compare losses from any high point for SHUS and ONEH.

Drawdown Indicators

	SHUS	ONEH	Difference
Max Drawdown Largest peak-to-trough decline	-14.09%	-3.55%	-10.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	—	—
Current Drawdown Current decline from peak	-0.33%	-0.80%	+0.47%
Average Drawdown Average peak-to-trough decline	-2.47%	-1.50%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	SHUS	ONEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.09%	5.06%	+5.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.41%	5.06%	+7.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.41%	5.06%	+7.35%

SHUS vs. ONEH - Expense Ratio Comparison

Both SHUS and ONEH have an expense ratio of 0.79%.

Dividends

SHUS vs. ONEH - Dividend Comparison

SHUS's dividend yield for the trailing twelve months is around 1.23%, while ONEH has not paid dividends to shareholders.

Position	TTM	2025	2024
ONEH TrueShares Equity Hedge ETF	0.00%	0.00%	0.00%
SHUS Stratified LargeCap Hedged ETF	1.23%	1.37%	0.26%

Frequently Asked Questions

Can I hold both SHUS and ONEH in my portfolio?

SHUS and ONEH have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SHUS or ONEH?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SHUS or ONEH?

SHUS and ONEH have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, SHUS or ONEH?

SHUS has the higher dividend yield at 1.23%, compared with 0.00% for ONEH.

What is the main difference between SHUS and ONEH?

They also come from different issuers: Exchange Traded Concepts and TrueShares.