THMR vs. SFTX

Last updated Jul 16, 2026

THMR (THOR AdaptiveRisk Dynamic ETF) and SFTX (Horizon International Managed Risk ETF) are both Tactical Allocation funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. THMR charges 1.10%/yr vs 0.82%/yr for SFTX.

Performance

THMR vs. SFTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR AdaptiveRisk Dynamic ETF (THMR) and Horizon International Managed Risk ETF (SFTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

THMR

• 1D: 0.16%
• 1M: -2.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFTX

• 1D: 0.56%
• 1M: -3.32%
• 6M: 12.90%
• YTD: 18.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THMR vs. SFTX - Yearly Performance Comparison

	2026 (YTD)
THMR THOR AdaptiveRisk Dynamic ETF	1.65%
SFTX Horizon International Managed Risk ETF	7.54%

Correlation

The correlation between THMR and SFTX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 9, 2026	0.78

Return for Risk

THMR vs. SFTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR AdaptiveRisk Dynamic ETF (THMR) and Horizon International Managed Risk ETF (SFTX). 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.

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

Drawdowns

THMR vs. SFTX - Drawdown Comparison

The maximum THMR drawdown since its inception was -7.95%, smaller than the maximum SFTX drawdown of -12.75%. Use the drawdown chart below to compare losses from any high point for THMR and SFTX.

Drawdown Indicators

	THMR	SFTX	Difference
Max Drawdown Largest peak-to-trough decline	-7.95%	-12.75%	+4.80%
Current Drawdown Current decline from peak	-5.91%	-3.70%	-2.21%
Average Drawdown Average peak-to-trough decline	-2.70%	-2.76%	+0.06%

Volatility

Volatility by Period

	THMR	SFTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	22.43%	-7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.91%	22.43%	-7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	22.43%	-7.52%

THMR vs. SFTX - Expense Ratio Comparison

THMR has a 1.10% expense ratio, which is higher than SFTX's 0.82% expense ratio.

Dividends

THMR vs. SFTX - Dividend Comparison

THMR has not paid dividends to shareholders, while SFTX's dividend yield for the trailing twelve months is around 0.21%.

Position	TTM	2025
SFTX Horizon International Managed Risk ETF	0.21%	0.25%
THMR THOR AdaptiveRisk Dynamic ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both THMR and SFTX in my portfolio?

THMR and SFTX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THMR or SFTX?

On fees, SFTX is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THMR or SFTX?

SFTX is cheaper with a 0.82% expense ratio, compared with 1.10% for THMR.

Which ETF pays a higher dividend yield, THMR or SFTX?

SFTX has the higher dividend yield at 0.21%, compared with 0.00% for THMR.

What is the main difference between THMR and SFTX?

They also come from different issuers: THOR Financial Technologies and Horizon. Their fees differ too: 1.10% for THMR and 0.82% for SFTX.