THIR vs. ESBG
THIR (THOR Index Rotation ETF) and ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) are both Tactical Allocation funds. THIR is passively managed, while ESBG is actively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. THIR charges 0.70%/yr vs 0.95%/yr for ESBG.
Performance
THIR vs. ESBG - Performance Comparison
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Returns By Period
In the year-to-date period, THIR achieves a 3.97% return, which is significantly higher than ESBG's -2.79% return.
THIR
- 1D
- 0.54%
- 1M
- -2.08%
- 6M
- 2.38%
- YTD
- 3.97%
- 1Y
- 14.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.31%
ESBG
- 1D
- -0.46%
- 1M
- -2.07%
- 6M
- -11.15%
- YTD
- -2.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.83K | $6.10K | $15.77K | |
| $834.89K | $1.75M | $1.80M |
THIR vs. ESBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
THIR THOR Index Rotation ETF | 3.97% | 3.70% |
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -2.79% | 5.67% |
Correlation
The correlation between THIR and ESBG is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.54 |
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Return for Risk
THIR vs. ESBG — Risk / Return Rank
THIR
ESBG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
THIR vs. ESBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for THOR Index Rotation ETF (THIR) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). 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 | ESBG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | — | — |
| Martin ratioReturn relative to average drawdown | 4.78 | — | — |
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Drawdowns
THIR vs. ESBG - Drawdown Comparison
The maximum THIR drawdown since its inception was -10.05%, smaller than the maximum ESBG drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for THIR and ESBG.
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Drawdown Indicators
| THIR | ESBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.05% | -18.84% | +8.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | — | — |
Current DrawdownCurrent decline from peak | -4.29% | -17.57% | +13.28% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -8.52% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | — | — |
Volatility
THIR vs. ESBG - Volatility Comparison
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Volatility by Period
| THIR | ESBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.53% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.19% | 25.17% | -11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.27% | 25.17% | -11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.27% | 25.17% | -11.90% |
THIR vs. ESBG - Expense Ratio Comparison
THIR has a 0.70% expense ratio, which is lower than ESBG's 0.95% expense ratio.
Dividends
THIR vs. ESBG - Dividend Comparison
THIR's dividend yield for the trailing twelve months is around 0.34%, less than ESBG's 1.12% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% | 0.00% |
THIR THOR Index Rotation ETF | 0.34% | 0.35% | 0.29% |
Frequently Asked Questions
THIR and ESBG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, THIR is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
THIR is cheaper with a 0.70% expense ratio, compared with 0.95% for ESBG.
ESBG has the higher dividend yield at 1.12%, compared with 0.34% for THIR.
They also come from different issuers: THOR and First Trust. Their fees differ too: 0.70% for THIR and 0.95% for ESBG.
Find the right allocation for THIR and ESBG
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