RHRX vs SPY
RH Tactical Rotation ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. RHRX delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | RHRX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.38% | 0.09% | |
| AUM | $41M | $821.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 8 | 505 | |
| YTD Return | +18.21% | +12.68% | |
| 1Y Return | +28.17% | +21.82% | |
| 3Y Return (annualized) | +20.92% | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 15.9% | 15.3% | |
| Max Drawdown | -25.3% | -56.5% | |
| Fund Family | Adaptive ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2012 | Jan 22, 1993 |
RHRX vs SPY Performance
RH Tactical Rotation ETF (RHRX) is a ETF from Adaptive ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RHRX returned +28.17% while SPY returned +21.82%. Year to date, RHRX is up 18.21% versus a gain of 12.68% for SPY.
Over three years, RHRX compounded at +20.92% per year against +21.98% for SPY. Across the full 5-year window we track, RHRX has the edge at +8.88% annualized vs +8.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RHRX has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.3% for SPY. 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 -25.3% for RHRX and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RHRX charges 1.38% per year while SPY charges 0.09%. On a $10,000 position that is $138 vs $9 annually, a gap of $129 per year that compounds over a long holding period. On income, RHRX currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
RHRX and SPY share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RHRX or SPY?
RHRX has an expense ratio of 1.38% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $129 per year of difference.
Which performed better, RHRX or SPY?
Over the past year RHRX returned +28.17% vs +21.82% for SPY, so RHRX leads on 1-year performance. Over the longest common window we track (5 years), RHRX annualized +8.88% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, RHRX or SPY?
RHRX has been the more volatile fund at 15.9% annualized versus 15.3% for SPY. Worst drawdown: RHRX -25.3% vs SPY -56.5%.
Should I hold both RHRX and SPY?
RHRX and SPY have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between RHRX and SPY?
RHRX and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, RHRX or SPY?
RHRX yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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