THIR vs. CORO

Last updated Aug 2, 2026

THIR (THOR Index Rotation ETF) and CORO (iShares International Country Rotation Active ETF) are both Tactical Allocation funds. THIR is passively managed, while CORO is actively managed. Over the past year, THIR returned 14.97% vs 32.14% for CORO. Their 0.69 correlation means they have sometimes moved together and sometimes differently. THIR charges 0.70%/yr vs 0.55%/yr for CORO.

Performance

THIR vs. CORO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR Index Rotation ETF (THIR) and iShares International Country Rotation Active ETF (CORO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THIR achieves a 3.97% return, which is significantly lower than CORO's 15.71% return.

THIR

• 1D: 0.54%
• 1M: -2.08%
• 6M: 2.38%
• YTD: 3.97%
• 1Y: 14.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.31%

CORO

• 1D: -0.70%
• 1M: -0.67%
• 6M: 9.04%
• YTD: 15.71%
• 1Y: 32.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.17%

*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)
CORO iShares International Country Rotation Active ETF	$23.60M	$28.41M	$88.35M
THIR THOR Index Rotation ETF	$834.89K	$1.75M	$1.80M

THIR vs. CORO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
THIR THOR Index Rotation ETF	3.97%	25.22%	-2.75%
CORO iShares International Country Rotation Active ETF	15.71%	35.09%	-3.56%

Correlation

The correlation between THIR and CORO is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.69

The correlation between THIR and CORO shifts across timeframes, from 0.69 (all time) to 0.80 (1 year), reflecting how their relationship changes across market environments.

THIR vs. CORO - Sectors Allocation Comparison

Sectors	THIR	CORO
Technology	38.1%	22.1%
Financial Services	12.9%	25.2%
Consumer Cyclical	10.2%	6.1%
Industrials	9.9%	15.0%
Communication Services	9.5%	3.6%
Healthcare	8.7%	6.3%
Consumer Defensive	5.0%	4.6%
Basic Materials	2.2%	5.0%
Energy	1.8%	4.8%
Utilities	1.2%	3.8%
Real Estate	0.6%	1.9%

Return for Risk

THIR vs. CORO — Risk / Return Rank

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

THIR

THIR Risk / Return Rank: 41
THIR Sharpe Ratio Rank: 41
THIR Sortino Ratio Rank: 39
THIR Omega Ratio Rank: 39
THIR Calmar Ratio Rank: 42
THIR Martin Ratio Rank: 43

CORO

CORO Risk / Return Rank: 79
CORO Sharpe Ratio Rank: 80
CORO Sortino Ratio Rank: 78
CORO Omega Ratio Rank: 80
CORO Calmar Ratio Rank: 79
CORO Martin Ratio Rank: 80

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.

THIR vs. CORO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR Index Rotation ETF (THIR) and iShares International Country Rotation Active ETF (CORO). 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.

	THIR	CORO	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.83	-0.81
Sortino ratio: Return per unit of downside risk	1.46	2.51	-1.05
Omega ratio: Gain probability vs. loss probability	1.18	1.34	-0.15
Calmar ratio: Return relative to maximum drawdown	1.50	2.82	-1.32
Martin ratio: Return relative to average drawdown	4.78	10.33	-5.55

THIR vs. CORO - Sharpe Ratio Comparison

The current THIR Sharpe Ratio is 1.01, which is lower than the CORO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of THIR and CORO, 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

THIR vs. CORO - Drawdown Comparison

The maximum THIR drawdown since its inception was -10.05%, smaller than the maximum CORO drawdown of -14.13%. Use the drawdown chart below to compare losses from any high point for THIR and CORO.

Drawdown Indicators

	THIR	CORO	Difference
Max Drawdown Largest peak-to-trough decline	-10.05%	-14.13%	+4.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-11.25%	+2.37%
Current Drawdown Current decline from peak	-4.29%	-3.65%	-0.64%
Average Drawdown Average peak-to-trough decline	-2.07%	-1.86%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	3.07%	-0.29%

Volatility

THIR vs. CORO - Volatility Comparison

The current volatility for THOR Index Rotation ETF (THIR) is 3.90%, while iShares International Country Rotation Active ETF (CORO) has a volatility of 5.64%. This indicates that THIR experiences smaller price fluctuations and is considered to be less risky than CORO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THIR	CORO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	5.64%	-1.74%
Volatility (6M) Calculated over the trailing 6-month period	10.53%	15.56%	-5.03%
Volatility (1Y) Calculated over the trailing 1-year period	13.19%	17.41%	-4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	17.35%	-4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.27%	17.35%	-4.08%

THIR vs. CORO - Expense Ratio Comparison

THIR has a 0.70% expense ratio, which is higher than CORO's 0.55% expense ratio.

Dividends

THIR vs. CORO - Dividend Comparison

THIR's dividend yield for the trailing twelve months is around 0.34%, less than CORO's 2.84% yield.

Position	TTM	2025	2024
CORO iShares International Country Rotation Active ETF	2.84%	3.20%	1.53%
THIR THOR Index Rotation ETF	0.34%	0.35%	0.29%

Frequently Asked Questions

Can I hold both THIR and CORO in my portfolio?

THIR and CORO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, THIR or CORO?

CORO has higher volatility (5.64%) compared to THIR (3.90%). In terms of maximum drawdown, THIR dropped -10.05% vs CORO's -14.13%.

Which ETF is better, THIR or CORO?

On 1-year performance, CORO leads with 32.14% vs 14.97% for THIR. On fees, CORO is cheaper at 0.55% per year. On volatility, THIR has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, THIR or CORO?

Over the 1-year period, CORO has performed better with a 32.14% return vs 14.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, THIR or CORO?

CORO is cheaper with a 0.55% expense ratio, compared with 0.70% for THIR.

Which ETF pays a higher dividend yield, THIR or CORO?

CORO has the higher dividend yield at 2.84%, compared with 0.34% for THIR.

What is the main difference between THIR and CORO?

They also come from different issuers: THOR and iShares. Their fees differ too: 0.70% for THIR and 0.55% for CORO.

Which has better risk-adjusted returns?

CORO currently has the higher Sharpe Ratio (1.83 vs 1.01), 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.