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RHRXRH Tactical Rotation ETF

Get income13y track recordRanked #1,391 of 1,628 in this goal

Seeks capital appreciation.

By Adaptive ETF · Launched 2012

Annual Cost

1.38%

#5,394 of 5,573 · expensive

Fund Size

$36M

#3,869 of 5,573 · small

Dividend YieldGoal

0.00%

Track Record

13 years

#1,033 of 5,573 · established

Performance

Total-return NAV · USD
Growth of $10,000
$14,037+40.4%

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 7 holdings = 97.4% of funddiversified through underlying funds

SPDR Portfolio S&P 5
24.7%
SPDR S&P 500 ETF Tru
23.2%
SPDR NYSE Technology
18.1%
Communication Servic
16.9%
Consumer Discretiona
14.2%
State Street SPDR
0.3%
State Street SPDR
-0.1%

Asset allocation

Stocks
98.2%
Cash
1.4%
Other
0.3%

By sector

Technology
44.9%
Industrials
12.9%
Communication
8.4%
Basic Materials
8.3%
Consumer Cyclical
7.6%
Financial Services
6.8%
Healthcare
5.1%
Consumer Defensive
2.4%
Other
3.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.9%Moderate

Year-on-year price swings

Max drawdown
-25.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.06Strong risk-adjusted returns
Sortino (3Y)
1.54Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation.
Strategy
Actively managed, invests primarily in ETFs and individual equities, targeting large-cap domestic securities. Uses a proprietary model to analyze market trends and may employ defensive instruments during negative trends.
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

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-20