THOR Index Rotation ETFTHOR Index Rotation ETFTHOR Index Rotation ETF

THOR Index Rotation ETF

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Key stats


Assets under management (AUM)
‪204.76 M‬USD
Fund flows (1Y)
‪84.06 M‬USD
Dividend yield (indicated)
0.34%
Discount/Premium to NAV
0.06%
Shares outstanding
‪6.01 M‬
Expense ratio
0.69%

Fund info


Issuer
Thor Trading Advisors LLC
Brand
THOR
Home page
Inception date
Sep 24, 2024
Structure
Open-Ended Fund
Index tracked
THOR SDQ Rotation Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Thor Trading Advisors LLC
Distributor
Pine Distributors LLC
ISIN
US8851552005
CUSIP
885155200
FIGI
BBG01PXDDHQ8
Identifiers
ISIN US8851552005
CFI code
CEOJLS
THIR is passively managed to provide US large-cap equity exposure through a volatility-conscious, fund-of-funds approach. The portfolio is constructed based on a proprietary algorithm that analyzes price trends and historical volatility across three major US indices: the S&P 500, the Dow Jones Industrial Average, and the NASDAQ 100, over a medium-term horizon of three to six months. It classifies each index into either a risk-on (buy) or risk-off (sell) state. Only securities deemed risk-on are included. When all three indices are risk-on, the fund allocates 33.3% to each. In cases where only one index is risk-off, the remaining risk-on indices are equally weighted. Should only one index be risk-on, assets are allocated equally between that index and cash or cash equivalents. During sustained market declines, the fund may fully shift into US money market funds, cash alternatives, or other ETFs. Index rebalancing is done weekly, which may lead to higher portfolio turnover.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Technical
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Technical
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
THIR trades at 34.01 USD today, its price has fallen −0.62% in the past 24 hours. Track more dynamics on THIR price chart.
THIR net asset value is 33.66 today — it's fallen 2.43% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
THIR assets under management is ‪204.76 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
THIR price has fallen by −2.74% over the last month, and its yearly performance shows a 10.78% increase. See more dynamics on THIR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.43% over the last month, have fallen by −2.43% over the last month, showed a −0.27% decrease in three-month performance and has increased by 10.42% in a year.
THIR fund flows account for ‪84.06 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
THIR invests in funds. See more details in our Profile section.
THIR expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, THIR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, THIR technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating THIR shows the buy signal. See more of THIR technicals for a more comprehensive analysis.
Yes, THIR pays dividends to its holders with the dividend yield of 0.34%.
THIR trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
THIR shares are issued by Thor Trading Advisors LLC
THIR follows the THOR SDQ Rotation Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 24, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.