The Motley FoolT3·7mo ago
THIR THOR Index Rotation ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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THIR
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Key stats
About
THOR Index Rotation ETF (THIR) ETF
No description available.
- Exchange
- XNYS
- Inception
- 2024-09-23
- Has Options
- No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
- Expense ratio
- 0.69% prospectus, filed Dec 23, 2025
- Assets
- $218M SEC filing, May 31, 2026
- Trailing yield
- 0.34% paid annual
- Average daily volume
- $829K 30 sessions
- Holdings
- 2 top 10 are 99.6%
- Listed
- Sep 23, 2024 NYSE
- Last fee change
- -1 bp filed Dec 23, 2025
- Tracking difference
- +0.55 pts vs index, after fees, FY 2025
Cost49
Liquidity31
Scale43
Diversification0
Moves with. US large-cap stocks (83% of its variance, beta 0.94); Emerging markets over US (4% of its variance, beta 0.07). These factors explain 84% of its daily moves over the last year.
Stated objective. The Fund seeks to provide investment results that generally correspond, before fees and expenses, to the performance of the THOR SDQ Rotation Index (the ?Index?). (from the fund's prospectus)
All 2 holdingsFlow historyOverlap toolAll Tactical & Rotation ETFs
Fund flows
through May 2026SEC filings- May 2026
- −$8.0M latest reported month
- Latest 3 months
- −$9.1M −4.2% of assets
- Latest 12 months
- +$109M +50.3% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$8.0M |
| Apr 2026 | +$13M |
| Mar 2026 | −$14M |
| Feb 2026 | +$2.9M |
| Jan 2026 | +$14M |
| Dec 2025 | +$30M |
| Nov 2025 | −$4.2M |
| Oct 2025 | +$12M |
| Sep 2025 | +$50M |
| Aug 2025 | +$26M |
| Jul 2025 | +$26M |
| Jun 2025 | −$39M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 21 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| DYNFiShares U.S. Equity Factor Rotation Active ETF | — | 0.26% | $42.5B | +16.7% | compare |
| COROiShares International Country Rotation Active ETF | — | 0.55% | $13.4B | +16.1% | compare |
| THROiShares U.S. Thematic Rotation Active ETF | — | 0.57% | $7.5B | +16.6% | compare |
| SECTMain Sector Rotation ETF | — | 0.69% | $2.9B | +13.2% | compare |
| XLSRState Street US Sector Rotation ETF | — | 0.70% | $1.1B | +10.7% | compare |
The largest other funds in the Tactical & Rotation category.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | DIAState Street Spdr Dow Jones Industrial Average Etf Trust | 49.26% | — | — |
| Exit | BILSPDR Series Trust | 0.93% | — | — |
0 new, 2 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 50.6%. Full holdings and history
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 3 active of 3 with agreements; top 3 did 100%
- Created · redeemed
- $154M · −$68M over the fiscal year
- Redemptions in kind
- 98% creations 98% in kind
- Creation unit
- 10,000 shares
- Securities lending
- not authorized
- Return vs index
- +0.55 pts after fees; +0.55 before; daily s.d. 0.55
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-05-31
Holdings
2
AUM
$216.9M
Provider
Nport
Inception
2024-09-23
Exchange
XNYS
Data As Of
2026-05-31
Expense Ratio
0.69%
Dividend Yield
0.33%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-12 | 2025-12-17 | $0.1134 | CD |
| 2024-12-12 | 2024-12-17 | $0.0755 | CD |
Asset Allocation
Top Holdings
top 2 of 2 holdings
Chart
Seasonality
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 2.74% | 0.93% | 1.84% |
| Feb | -- | -1.49% | -1.00% | -1.25% |
| Mar | -- | -1.90% | -5.19% | -3.54% |
| Apr | -- | 5.44% | 2.95% | 4.20% |
| May | -- | 4.99% | 7.29% | 6.14% |
| Jun | -- | 4.69% | -0.95% | 1.87% |
| Jul | -- | 1.64% | -2.39% | -0.38% |
| Aug | -- | 3.56% | 0.61% | 2.08% |
| Sep | 0.38% | 4.31% | -1.19% | 1.17% |
| Oct | -0.43% | 2.89% | 0.80%* | 1.09% |
| Nov | 5.67% | -0.40% | -- | 2.63% |
| Dec | -2.93% | 0.62% | -- | -1.16% |
| Total | 2.52% | 30.27% | 1.38% | 11.39% |
* Only 3 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $33.78
SMA 50: $33.99
SMA 200: $33.23
Current: $33.87
EMA 12: $33.74
EMA 26: $33.81
MACD: -0.0749 | Signal: -0.0121
BEARISH
ADX (14): 17.55
RANGE
+DI: 23.16
−DI: 35.04
Momentum Oscillators
RSI (14): 51.00
NEUTRAL
Stoch %K: 40.14
Stoch %D: 28.27
Williams %R: -40.06
Volume & Volatility
BB Upper: $34.24
BB Lower: $33.32
NEUTRAL
OBV: 5,701,680
Vol SMA 20: 19,671
Vol ROC: -40.64%
ATR: $0.27
True Range: $0.24
HV 20: 10.2%
HV 30: 10.3%
HV 60: 11.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: THIR
Executive Summary
Overall assessment: BEARISH (confidence level 6/10)
Key drivers:
- Overbought RSI and Stochastic Oscillators indicate a potential sell signal
- MACD bullish momentum, but with a relatively low signal line, suggesting limited upside
- Volume indicators show moderate buying interest, but not strong enough to justify the current price
Primary risks:
- Potential for a pullback or reversal due to overbought technical conditions
- Weak trend and moderate volatility may lead to range trading or sideways movement
2-3 sentence investment thesis: THIR appears overextended in the short term, with potential for a correction or consolidation phase. The stock's beta is relatively low, indicating a more defensive profile, but this could also limit its upside potential.
Recent news sentiment impact: The recent positive news headline about an advisor selling value stocks and doubling down on tactical timing fund has had a limited impact on the stock's price, given the overbought technical conditions.
Technical Analysis
Trend Direction: Short-term bearish (1-4 weeks), Medium-term neutral (1-3 months), Long-term bullish (3-12 months)
Support/Resistance Levels:
- Key short-term support: $32.04 (SMA 50)
- Intermediate-term resistance: $34.71 (Upper Bollinger Band)
- Longer-term support: $31.90 (SMA 200)
Momentum Signals:
- RSI interpretation: Overbought (72.49 > 70), suggesting a potential sell signal
- MACD signal: Bullish momentum, but with a relatively low signal line (0.04 vs. 0.56 histogram)
- Bollinger Bands position: Neutral (price within the band)
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20 indicates moderate buying interest (66928.95)
- On-Balance Volume (OBV) suggests a relatively strong buying signal (7093713.04)
- Volume Rate of Change: 44.05%, indicating increasing volume
News & Sentiment Analysis
Recent Headlines Summary: Positive news about an advisor selling value stocks and doubling down on tactical timing fund.
Sentiment Assessment: Positive sentiment (72.29% positive headlines, 27.71% neutral)
Catalyst Identification: No specific catalysts identified in the recent news headlines.
Market Narrative: The positive news headline aligns with the overall market trend, but may not be enough to justify the current price level given the overbought technical conditions.
Risk & Volatility Assessment
Beta Interpretation: Beta of 0.88 suggests a moderate risk profile relative to the broader market (SPY).
Volatility Regime: Current volatility is relatively low compared to historical levels (HV20 13.1%, HV30 11.7%).
Options Market Signals:
- IV Premium vs HV30: N/A (positive = implied richer than realized)
Downside Protection: Support levels and risk management considerations:
- Short-term support: $32.04 (SMA 50)
- Intermediate-term support: $31.90 (SMA 200)
- Stop-loss levels: Consider setting a stop-loss around $33.20 to limit potential losses
Market Context & Positioning
Sector Performance: THIR is performing relatively well within its sector, but not strongly outperforming.
Institutional Activity: Moderate institutional interest is present, with a volume rate of change indicating increasing buying activity.
Correlation Analysis: Correlation with the broader market (SPY) is moderate (0.91).
Relative Valuation: THIR appears reasonably valued within its sector and relative to the broader market.
Key Levels & Action Items
- Critical price levels:
- Support: $32.04 (SMA 50), $31.90 (SMA 200)
- Resistance: $34.71 (Upper Bollinger Band)
- Breakout/Breakdown levels:
- Short-term support: $33.20 (SMA 20)
- Intermediate-term resistance: $35.20 (EMA 12)
- Time-sensitive catalysts: No specific earnings or product launch announcements.
- Risk management: Consider setting a stop-loss around $33.20 to limit potential losses.
This comprehensive analysis provides an in-depth look at THIR, highlighting both bullish and bearish cases. The report presents data-driven insights into the stock's technical conditions, news sentiment, risk profile, and market positioning.
Generated
News
All THIR news →
THIR Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.9407
Alpha: -6.78%
Correlation: 0.9084
R-Squared: 82.5%
Stock Volatility: 13.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
THIR Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
THIR Constituent Performance
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