THIR vs. ENFR

Last updated Jun 24, 2026

THIR (THOR Index Rotation ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - THIR is a Tactical Allocation fund tracking the THOR SDQ Rotation Index, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. Both are passively managed. Over the past year, THIR returned 20.08% vs 27.76% for ENFR. At a 0.08 correlation, their price movements are largely independent. THIR charges 0.70%/yr vs 0.35%/yr for ENFR.

Performance

THIR vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR Index Rotation ETF (THIR) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THIR achieves a 5.00% return, which is significantly lower than ENFR's 24.93% return.

THIR

• 1D: -1.51%
• 1M: -0.12%
• YTD: 5.00%
• 6M: 3.87%
• 1Y: 20.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ENFR

• 1D: 1.51%
• 1M: -4.52%
• YTD: 24.93%
• 6M: 25.03%
• 1Y: 27.76%
• 3Y*: 28.90%
• 5Y*: 20.07%
• 10Y*: 11.98%

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

THIR vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
THIR THOR Index Rotation ETF	5.00%	25.22%	3.16%
ENFR Alerian Energy Infrastructure ETF	24.93%	5.88%	9.94%

Correlation

The correlation between THIR and ENFR is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.08

The correlation between THIR and ENFR shifts across timeframes, from -0.08 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

THIR vs. ENFR - Sectors Allocation Comparison

Sectors	THIR	ENFR
Technology	48.5%	-
Communication Services	12.7%	-
Consumer Cyclical	10.8%	-
Healthcare	6.0%	-
Consumer Defensive	5.7%	-
Financial Services	5.4%	0.1%
Industrials	5.2%	3.4%
Energy	1.8%	98.5%
Utilities	1.6%	1.4%
Basic Materials	1.4%	-
Real Estate	0.9%	-

Return for Risk

THIR vs. ENFR — Risk / Return Rank

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

THIR

THIR Risk / Return Rank: 48
THIR Sharpe Ratio Rank: 49
THIR Sortino Ratio Rank: 47
THIR Omega Ratio Rank: 48
THIR Calmar Ratio Rank: 48
THIR Martin Ratio Rank: 49

ENFR

ENFR Risk / Return Rank: 57
ENFR Sharpe Ratio Rank: 59
ENFR Sortino Ratio Rank: 57
ENFR Omega Ratio Rank: 54
ENFR Calmar Ratio Rank: 67
ENFR Martin Ratio Rank: 50

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.

THIR vs. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR Index Rotation ETF (THIR) and Alerian Energy Infrastructure ETF (ENFR). 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	ENFR	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.88	-0.29
Sortino ratio: Return per unit of downside risk	2.21	2.59	-0.38
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.27	3.23	-0.96
Martin ratio: Return relative to average drawdown	7.82	8.24	-0.42

THIR vs. ENFR - Sharpe Ratio Comparison

The current THIR Sharpe Ratio is 1.59, which is comparable to the ENFR Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of THIR and ENFR, 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. ENFR - Drawdown Comparison

The maximum THIR drawdown since its inception was -10.05%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for THIR and ENFR.

Drawdown Indicators

	THIR	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-10.05%	-68.28%	+58.23%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-8.64%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.64%	—
Current Drawdown Current decline from peak	-3.34%	-4.71%	+1.37%
Average Drawdown Average peak-to-trough decline	-2.01%	-15.94%	+13.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	3.38%	-0.81%

Volatility

THIR vs. ENFR - Volatility Comparison

THOR Index Rotation ETF (THIR) has a higher volatility of 6.50% compared to Alerian Energy Infrastructure ETF (ENFR) at 5.69%. This indicates that THIR's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THIR	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	5.69%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	10.20%	11.60%	-1.40%
Volatility (1Y) Calculated over the trailing 1-year period	12.77%	14.86%	-2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	19.25%	-5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.27%	24.68%	-11.41%

THIR vs. ENFR - Expense Ratio Comparison

THIR has a 0.70% expense ratio, which is higher than ENFR's 0.35% expense ratio.

Dividends

THIR vs. ENFR - Dividend Comparison

THIR's dividend yield for the trailing twelve months is around 0.34%, less than ENFR's 4.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.02%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
THIR THOR Index Rotation ETF	0.34%	0.35%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THIR and ENFR in my portfolio?

THIR and ENFR have a correlation of -0.08, 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 ENFR?

THIR has higher volatility (6.50%) compared to ENFR (5.69%). In terms of maximum drawdown, THIR dropped -10.05% vs ENFR's -68.28%.

Which ETF is better, THIR or ENFR?

On 1-year performance, ENFR leads with 27.76% vs 20.08% for THIR. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, THIR or ENFR?

Over the 1-year period, ENFR has performed better with a 27.76% return vs 20.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, THIR or ENFR?

ENFR is cheaper with a 0.35% expense ratio, compared with 0.70% for THIR.

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

ENFR has the higher dividend yield at 4.02%, compared with 0.34% for THIR.

What is the main difference between THIR and ENFR?

THIR is categorized as Tactical Allocation, while ENFR is Energy Equities. THIR tracks THOR SDQ Rotation Index, while ENFR tracks Alerian Midstream Energy Select Index. They also come from different issuers: THOR and SS&C. Their fees differ too: 0.70% for THIR and 0.35% for ENFR.

Which has better risk-adjusted returns?

ENFR currently has the higher Sharpe Ratio (1.88 vs 1.59), 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.