RH Tactical Rotation ETF
RHRX
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4350 La Jolla Village Drive, Suite 670 San Diego CA United States of America 92122
- IPO Date
- Nov 9, 2021
- CIK
- 0001464413
- Website
- adaptiveetfs.com
- Similar Companies
- Business
- RH Tactical Rotation ETF (RHRX) is an actively managed exchange-traded fund that seeks capital appreciation through a tactical asset allocation strategy involving sector rotation to capitalize on business cycle changes. The fund operates as a fund-of-funds, primarily investing in other exchange-traded funds registered under the Investment Company Act of 1940 that are not affiliated with the fund; these underlying ETFs principally comprise equity securities from the S&P 500 Index, including large-cap domestic growth, value, and sector-specific exposures such as technology (e.g., SPDR NYSE Technology ETF - XNTK), communication services (e.g., Communication Services Select Sector SPDR Fund - XLC), and consumer discretionary (e.g., Consumer Discretionary Select Sector SPDR Fund - XLY), alongside broad market funds like SPDR S&P 500 ETF Trust (SPY) and SPDR Portfolio S&P 500 Growth ETF (SPYG), with occasional hedging via put and call options, inverse ETFs, or cash equivalents. The portfolio divides into core (approximately 25% in large-cap domestic securities, often hedged with S&P 500-linked ETFs and options) and opportunistic segments (25% in large-cap growth/value ETFs and 50% equally weighted across three top-ranked U.S. domestic sectors from a universe of fifteen, rated bullish to bearish based on historical performance and proprietary models aligned with the Global Value Index). RHRX traces its origins to the Adaptive Tactical Rotation Fund, which converted to ETF structure via a tax-free reorganization in November 2021, acquiring all assets and liabilities of its mutual fund predecessor as part of Adaptive ETFs family managed by portfolio manager Scott Wetherington of Cavalier Investments, LLC d/b/a Adaptive Investments; the investment advisor is based in Alpharetta, Georgia, with fund administration by The Nottingham Company in Rocky Mount, North Carolina, and distribution by Capital Investment Group, Inc. in Raleigh, North Carolina. The fund trades on NYSE Arca, targeting wealth management firms and investors seeking dynamic, risk-adjusted exposure to U.S. equities across multiple sectors in a tactical allocation category, with net assets around $16 million as of late 2024 and an expense ratio of approximately 1.37% to 2.39%. Recent portfolio adjustments as of November 30, 2024, reflect ongoing tactical shifts, with top holdings comprising about 99% of assets in exchange-traded products including communication funds (16.30%), alongside common stocks, commodity funds like iShares Silver Trust, and hedging instruments such as put options on MicroStrategy; semi-annual reports for periods ending November 30, 2024, confirm high portfolio turnover of 95.76% and maintenance of five primary holdings. No major partnerships, acquisitions, funding rounds, or strategic reorganizations have been announced since the 2021 ETF conversion, though the fund continues to adapt via proprietary sector rankings and risk overlays amid market volatility into 2025. Operations remain focused on U.S. markets with incidental non-U.S. exposure (e.g., emerging Asia, Canada), serving investors through standard brokerage channels without front-end loads or minimum initial investments.