Key stats
About THOR Index Rotation ETF
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Inception date
Sep 24, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF97.50%
Cash2.50%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
THIR top holdings are Invesco QQQ Trust Series I and SPDR S&P 500 ETF Trust, occupying 34.52% and 32.63% of the portfolio correspondingly.
THIR assets under management is 150.54 M USD. It's risen 61.94% over the last month.
THIR fund flows account for 119.13 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.
Yes, THIR pays dividends to its holders with the dividend yield of 0.24%. The last dividend (Dec 17, 2024) amounted to 0.08 USD. The dividends are paid annually.
THIR shares are issued by Thor Trading Advisors LLC under the brand THOR. The ETF was launched on Sep 24, 2024, and its management style is Passive.
THIR expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
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.
THIR invests in funds.
THIR price has risen by 2.77% over the last month, and its yearly performance shows a 23.90% increase. See more dynamics on THIR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.94% over the last month, showed a 7.25% increase in three-month performance and has increased by 21.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.94% over the last month, showed a 7.25% increase in three-month performance and has increased by 21.07% in a year.
THIR trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.