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MSTB vs WZRD

LHA Market State Tactical Beta ETF vs Opportunistic Trader ETF

MSTB

LHA Market State Tactical Beta ETF

Annual cost

1.38%

Fund size

$197M

WZRD

Opportunistic Trader ETF

Annual cost

1.00%

Fund size

$3M

Key differences

MSTB is an equity ETF, while WZRD is an alternative ETF. MSTB charges 1.38% a year and WZRD 1.00%.

  • MSTB is an equity fund, while WZRD is an alternative fund. They carry different risk/return profiles.
  • MSTB follows a active selection strategy; WZRD uses structured outcome.
  • WZRD costs 0.38% less per year.
  • MSTB is much larger than WZRD. Larger funds are usually more liquid and less likely to close.
  • MSTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSTBWZRD
Annual cost (TER)1.38%1.00%
Fund size (AUM)$197M$3M
Since20202025
Dividend yield0.38%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionstructured outcome
CAGR 1Y+17.4%N/A
CAGR 3Y+17.8%N/A
CAGR 5Y+8.2%N/A
Sharpe 3Y1.14N/A
Volatility 1Y10.59%
Max drawdown-25.64%-79.00%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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