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RHRXRH Tactical Rotation ETF

Get income13y track recordRanked #1,384 of 1,650 in this goal

Seeks capital appreciation.

By Adaptive ETF · Launched 2012

Annual Cost

1.38%

#5,660 of 5,861 · expensive

Fund Size

$37M

#3,959 of 5,861 · small

Dividend YieldGoal

0.00%

Track Record

13 years

#1,013 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$13,009+30.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Option income

What it actually holds

By weight

Concentration

Top 5 holdings = 97.4% of funddiversified through underlying funds

State Street SPDR
23.0%
Vanguard Value ETF
22.8%
Energy Select Sector
17.8%
Materials Select Sec
17.0%
iShares PHLX Semicon
16.9%

Asset allocation

Stocks
98.6%
Cash
1.3%
Other
0.1%

By sector

Technology
39.5%
Industrials
14.9%
Financial Services
9.2%
Basic Materials
8.4%
Healthcare
6.7%
Consumer Cyclical
6.5%
Communication
5.2%
Consumer Defensive
3.7%
Other
5.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
14.4%Moderate

Year-on-year price swings

Max drawdown
-25.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.90Decent risk-adjusted returns
Sortino (3Y)
1.30Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation.
Strategy
Actively manages a portfolio targeting capital appreciation by investing in large-cap domestic securities and ETFs. Utilizes a proprietary Growth or Value Indicator (GVI) to allocate between growth and value assets, and employs a risk management strategy to monitor market trends and adjust equity exposure accordingly.
Inception date
September 20, 2012
Fund family
Adaptive ETF

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04