THMR vs. THLV
THMR (THOR AdaptiveRisk Dynamic ETF) and THLV (THOR Equal Weight Low Volatility ETF) are both exchange-traded funds - THMR is a Tactical Allocation fund actively managed by THOR, while THLV is a Equal Weight fund tracking the THOR Equal Weight Low Volatility Index. THMR is actively managed, while THLV is passively managed. Their 0.53 correlation means they have sometimes moved together and sometimes differently. THMR charges 1.10%/yr vs 0.64%/yr for THLV.
Performance
THMR vs. THLV - Performance Comparison
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Returns By Period
THMR
- 1D
- 0.45%
- 1M
- 0.81%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
THLV
- 1D
- 0.72%
- 1M
- -1.72%
- 6M
- 2.89%
- YTD
- 9.79%
- 1Y
- 15.19%
- 3Y*
- 10.80%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $325.71K | $351.88K | $359.83K | |
| $328.06K | $439.52K | $764.05K |
THMR vs. THLV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
THMR THOR AdaptiveRisk Dynamic ETF | 0.41% |
THLV THOR Equal Weight Low Volatility ETF | 3.42% |
Correlation
The correlation between THMR and THLV is 0.53, 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 Apr 9, 2026 | 0.53 |
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Return for Risk
THMR vs. THLV — Risk / Return Rank
THMR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
THLV
THMR vs. THLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for THOR AdaptiveRisk Dynamic ETF (THMR) and THOR Equal Weight Low Volatility ETF (THLV). 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.
| THMR | THLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.29 | — |
| Martin ratioReturn relative to average drawdown | — | 6.77 | — |
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Drawdowns
THMR vs. THLV - Drawdown Comparison
The maximum THMR drawdown since its inception was -9.93%, smaller than the maximum THLV drawdown of -13.15%. Use the drawdown chart below to compare losses from any high point for THMR and THLV.
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Drawdown Indicators
| THMR | THLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.93% | -13.15% | +3.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.15% | — |
Current DrawdownCurrent decline from peak | -7.05% | -2.02% | -5.03% |
Average DrawdownAverage peak-to-trough decline | -3.56% | -3.66% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.25% | — |
Volatility
THMR vs. THLV - Volatility Comparison
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Volatility by Period
| THMR | THLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 10.32% | +4.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.96% | 11.74% | +3.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.96% | 11.74% | +3.22% |
THMR vs. THLV - Expense Ratio Comparison
THMR has a 1.10% expense ratio, which is higher than THLV's 0.64% expense ratio.
Dividends
THMR vs. THLV - Dividend Comparison
THMR has not paid dividends to shareholders, while THLV's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
THLV THOR Equal Weight Low Volatility ETF | 1.61% | 1.77% | 1.25% | 2.72% | 0.62% |
THMR THOR AdaptiveRisk Dynamic ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
THMR and THLV have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, THLV is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.
THLV is cheaper with a 0.64% expense ratio, compared with 1.10% for THMR.
THLV has the higher dividend yield at 1.61%, compared with 0.00% for THMR.
THMR is categorized as Tactical Allocation, while THLV is Equal Weight. Their fees differ too: 1.10% for THMR and 0.64% for THLV.
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