KOOL vs THRO
North Shore Equity Rotation ETF vs iShares US Thematic Rotation Active ETF
Which is better, KOOL or THRO?
THRO has been ahead.
THRO has a lower expense ratio. THRO led over 1Y and the full window. KOOL is less concentrated, with 42.8% of the fund in its ten largest positions against 43.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KOOL | THRO |
|---|---|---|
| Expense Ratio | 0.93% | 0.57%Best |
| AUM | $60M | $7.5B |
| Dividend Yield | 0.43% | 0.30% |
| Holdings | 42 | 251 |
| YTD Return | +15.66%Best | +14.53% |
| 1Y Return | +16.59% | +17.92%Best |
| 3Y Return (annualized) | - | +23.68% |
| Volatility (annualized) | 12.0%Best | 13.3% |
| Max Drawdown | -20.6% | -19.1%Best |
| $10,000 over 2.5 years | $14,835 | $15,289Best |
| Top 10 Weight | 42.8%Best | 43.5% |
| Fund Family | North Shore Indices | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Apr 1, 2024 | Dec 14, 2021 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 2, 2024 to Oct 15, 2026 (2.5 years).
KOOL vs THRO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
KOOL vs THRO Performance
North Shore Equity Rotation ETF (KOOL) is an ETF from North Shore Indices and iShares US Thematic Rotation Active ETF (THRO) is an ETF from BlackRock, Inc. (US). Over the past year KOOL returned +16.59% while THRO returned +17.92%. Year to date, KOOL is up 15.66% versus a gain of 14.53% for THRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THRO has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.0% for KOOL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.6% for KOOL and -19.1% for THRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KOOL charges 0.93% per year while THRO charges 0.57%. On a $10,000 position that is $93 vs $57 annually, a gap of $36 per year that compounds over a long holding period. On income, KOOL currently yields 0.43% against 0.30% for THRO.
Holdings Overlap
47.8% of KOOL's money is in holdings THRO also owns. 41.5% of THRO's money is in holdings KOOL also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 44 positions we hold weights for in KOOL and 247 in THRO, against full books of 42 and 251.
What only one of them owns
Our book lists 144 positions for THRO that do not appear in our book for KOOL (57.3% of the fund), and 23 for KOOL that do not appear in THRO (45.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in KOOL | Weight in THRO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.78% | 8.58% | 2.80% |
| AAPLApple, Inc | 4.31% | 8.21% | 3.90% |
| MSFTMicrosoft Corp | 3.11% | 6.24% | 3.13% |
| AMZNAmazon.Com Inc | 4.34% | 4.47% | 0.13% |
| GOOGLAlphabet Inc | 3.65% | 3.79% | 0.14% |
| METAMeta Platforms Inc | 3.20% | 1.97% | 1.23% |
| PWRQuanta Services Inc | 4.75% | 0.33% | 4.42% |
| JNJJohnson & Johnson - Common | 2.58% | 2.02% | 0.56% |
| AVGOBroadcom Inc | 1.97% | 2.11% | 0.14% |
| VLOValero Energy | 3.34% | 0.24% | 3.10% |
47.8% of KOOL is already inside THRO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KOOL or THRO?
KOOL has an expense ratio of 0.93% while THRO charges 0.57%. THRO is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, KOOL or THRO?
Over the past year KOOL returned +16.59% vs +17.92% for THRO, so THRO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KOOL or THRO?
THRO has been the more volatile fund at 13.3% annualized versus 12.0% for KOOL. Worst drawdown: KOOL -20.6% vs THRO -19.1%.
Should I hold both KOOL and THRO?
KOOL and THRO have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KOOL and THRO?
47.8% of KOOL's money is in holdings THRO also owns. 41.5% of THRO's is in holdings KOOL also owns. They hold 17 positions in common, counted across the 44 positions we hold weights for in KOOL and 247 in THRO.
Which pays a higher dividend, KOOL or THRO?
KOOL yields 0.43% while THRO yields 0.30%, so KOOL currently pays the higher dividend yield.
Is THRO better than KOOL?
THRO has a lower expense ratio. THRO led over 1Y and the full window. KOOL is less concentrated, with 42.8% of the fund in its ten largest positions against 43.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.