SNTH vs. ONEH
SNTH (MRP SynthEquity ETF) and ONEH (TrueShares Equity Hedge ETF) are both Equity Hedged funds. Both are actively managed. At a 0.14 correlation, their price movements are largely independent. SNTH charges 0.95%/yr vs 0.79%/yr for ONEH.
Performance
SNTH vs. ONEH - Performance Comparison
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Returns By Period
SNTH
- 1D
- -0.02%
- 1M
- -2.76%
- YTD
- 6.56%
- 6M
- 4.86%
- 1Y
- 22.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ONEH
- 1D
- -0.15%
- 1M
- 0.85%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNTH vs. ONEH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SNTH MRP SynthEquity ETF | 4.67% |
ONEH TrueShares Equity Hedge ETF | -1.19% |
Correlation
The correlation between SNTH and ONEH is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026 | 0.14 |
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Return for Risk
SNTH vs. ONEH — Risk / Return Rank
SNTH
ONEH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SNTH vs. ONEH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MRP SynthEquity ETF (SNTH) 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.
| SNTH | ONEH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | — | — |
| Martin ratioReturn relative to average drawdown | 8.37 | — | — |
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Drawdowns
SNTH vs. ONEH - Drawdown Comparison
The maximum SNTH drawdown since its inception was -9.79%, which is greater than ONEH's maximum drawdown of -3.55%. Use the drawdown chart below to compare losses from any high point for SNTH and ONEH.
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Drawdown Indicators
| SNTH | ONEH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.79% | -3.55% | -6.24% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | — | — |
Current DrawdownCurrent decline from peak | -4.05% | -1.19% | -2.86% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -1.49% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | — | — |
Volatility
SNTH vs. ONEH - Volatility Comparison
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Volatility by Period
| SNTH | ONEH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.04% | 5.31% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.79% | 5.31% | +10.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 5.31% | +10.48% |
SNTH vs. ONEH - Expense Ratio Comparison
SNTH has a 0.95% expense ratio, which is higher than ONEH's 0.79% expense ratio.
Dividends
SNTH vs. ONEH - Dividend Comparison
SNTH's dividend yield for the trailing twelve months is around 11.29%, while ONEH has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ONEH TrueShares Equity Hedge ETF | 0.00% | 0.00% |
SNTH MRP SynthEquity ETF | 11.29% | 11.55% |
Frequently Asked Questions
SNTH and ONEH have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ONEH is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ONEH is cheaper with a 0.79% expense ratio, compared with 0.95% for SNTH.
SNTH has the higher dividend yield at 11.29%, compared with 0.00% for ONEH.
They also come from different issuers: MRP and TrueShares. Their fees differ too: 0.95% for SNTH and 0.79% for ONEH.
Find the right allocation for SNTH and ONEH
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