THOR Equal Weight Low Volatility ETF
THLV
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Sep 13, 2022
- Website
- thorfunds.com
- Similar Companies
- Business
- THOR Equal Weight Low Volatility ETF (THLV) is an exchange-traded fund that seeks to provide investment results corresponding, before fees and expenses, to the performance of the THOR Equal Weight Low Volatility Index, a rules-based index comprised of U.S. equity exchange-traded funds focused on large-cap equities with reduced volatility. The Fund invests at least 80% of its total assets in securities included in the Index, which evaluates ten U.S. sector ETFs from the Materials, Energy, Financial, Industrial, Technology, Healthcare, Utilities, Consumer Discretionary, Real Estate, and Consumer Staples sectors; these ETFs are selected based on clear sector mandates, low expenses, and trading liquidity. The proprietary algorithm measures price momentum over three to six months to classify sectors as "risk on" (buy) or "risk off" (sell), including only risk-on sectors with equal weighting up to 20% per sector or shifting to U.S. money market funds or cash during declines; the portfolio rebalances weekly. In January 2025, a prospectus supplement updated tax distribution information, specifying annual declarations and payments of net investment income dividends, superseding prior details. Effective November 1, 2024, the Fund changed its name from THOR Low Volatility ETF to THOR Equal Weight Low Volatility ETF, reflecting refinements to its equal-weight strategy in its branding. The Fund listed on the New York Stock Exchange following a 2023 transfer from NYSE Arca, enhancing trading accessibility. THLV operates within the large-blend equity segment, targeting investors seeking U.S. large-cap exposure with downside protection via momentum-driven sector rotation and low-volatility design. Shares trade on the NYSE at market prices that may vary from net asset value, with creation and redemption in blocks of 10,000 shares through authorized participants. The Fund reports a net expense ratio of 0.64%, including acquired fund fees, and high portfolio turnover of 445% for the fiscal year ended August 31, 2024. THLV is a series of THOR Financial Technologies Trust, a Delaware statutory trust organized in April 2022, advised by THOR Financial Technologies, LLC, founded in 2019 and headquartered at 327 W. Pittsburgh Street, Greensburg, Pennsylvania 15601. Portfolio managers Bradley Roth and Cameron Roth have managed the Fund since its inception on September 12, 2022. The Adviser, which oversees about $980 million in client assets as of August 31, 2024, retains Solactive AG as the Index calculation agent and utilizes a replication strategy to track the Index. PINE Distributors LLC serves as the unaffiliated distributor.