MSTB vs COLO

Comparison between LHA MARKET STATE TACTICAL BETA ETF (MSTB, ETF) and GLOBAL X MSCI COLOMBIA ETF (COLO, ETF).

5-Year PerformanceCOLO has outperformed MSTB, delivering a return of +18.6% compared to +7.8%

MSTB vs COLO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTB(ETF)	COLO(ETF)
Net Assets	$196M	$196M
Expense Ratio	1.38%	0.62%
Max Drawdown	26.34%	83.14%
Sharpe Ratio	0.92	1.97
5Y Beta	0.58	0.64
5Y Dividends CAGR	0.26%	8.53%

Net Assets

Winner

MSTB

$196M

COLO

$196M

Expense Ratio

MSTB

1.38%

Winner

COLO

0.62%

Max Drawdown

Winner

MSTB

26.34%

COLO

83.14%

Sharpe Ratio

MSTB

0.92

Winner

COLO

1.97

5Y Beta

Winner

MSTB

0.58

COLO

0.64

5Y Dividends CAGR

MSTB

0.26%

Winner

COLO

8.53%

MSTB vs COLO - Holdings Comparison

MSTB and COLO have 0 common holdings. Overlap is 0.00%

MSTB's top 25 holdings weight is 89.16%. COLO's top 25 holdings weight is 98.22%.

Rank	MSTB	COLO
#1	STATE STREET® SPDR® S&P 500® ETF (SPY) - 82.44%	GRUPO CIBEST SA PARTICIPATING PREFERRED (n/a) - 15.99%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.36%	INTERCONEXION ELECTRICA SA ESP (n/a) - 10.62%
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.36%	ECOPETROL SA (n/a) - 9.95%
#4	N/A	GRUPO CIBEST SA (n/a) - 7.55%
#5	N/A	CEMENTOS ARGOS SA (n/a) - 4.55%
#6	N/A	GRUPO ENERGIA BOGOTA SA ESP (n/a) - 4.38%
#7	N/A	DAVIVIENDA GROUP SA PRF PERPETUAL COP 180 (n/a) - 3.93%
#8	N/A	GRUPO AVAL ACCIONES Y VALORES SA PARTICIPATING PREFERRED (n/a) - 3.81%
#9	N/A	TECNOGLASS INC (TGLS) - 3.40%
#10	N/A	GRUPO ARGOS SA (n/a) - 3.32%
#11	N/A	CELSIA SA ESP (n/a) - 3.15%
#12	N/A	CORPORACION FINANCIERA COLOMBIANA SA (n/a) - 2.74%
#13	N/A	PATRIMONIO AUTN (n/a) - 2.65%
#14	N/A	GRUPO DE INVERSIONES SURAMERICANA SA PARTICIPATING PREFERRED (n/a) - 2.40%
#15	N/A	MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 2.37%
#16	N/A	GRUPO DE INVERSIONES SURAMERICANA SA (n/a) - 2.27%
#17	N/A	EMPRESAS COPEC SA (n/a) - 1.85%
#18	N/A	BROOKFIELD RENEWABLE CORP (n/a) - 1.80%
#19	N/A	GEOPARK LTD (GPRK) - 1.79%
#20	N/A	MINEROS SA (n/a) - 1.69%
#21	N/A	PAREX RESOURCES INC (n/a) - 1.67%
#22	N/A	GRUPO ARGOS SA PARTICIPATING PREFERRED (n/a) - 1.66%
#23	N/A	ARIS MINING CORP (ARIS) - 1.66%
#24	N/A	ALMACENES EXITO SA (n/a) - 1.54%
#25	N/A	BANCO DE BOGOTA SA (n/a) - 1.48%
Total Holdings	3	29

MSTB vs COLO - Historical Returns

Returns include dividend reinvestment.

Period	MSTB	COLO
1 month	+0.31%	+3.15%
3 months	+4.56%	+12.07%
6 months	+7.83%	+8.19%
1 year	+13.70%	+60.87%
5 years(CAGR)	+7.81%	+18.60%
10 years(CAGR)	N/A	+6.93%
Max(CAGR)	+10.92%	+6.04%

MSTB

+0.31%

Winner

COLO

+3.15%

MSTB

+4.56%

Winner

COLO

+12.07%

MSTB

+7.83%

Winner

COLO

+8.19%

MSTB

+13.70%

Winner

COLO

+60.87%

5Y(CAGR)

MSTB

+7.81%

Winner

COLO

+18.60%

10Y(CAGR)

MSTB

N/A

COLO

+6.93%

Max(CAGR)

Winner

MSTB

+10.92%

COLO

+6.04%

MSTB vs COLO - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	MSTB	COLO
2026	+7.52%	+29.11%
2025	+18.86%	+65.63%
2024	+19.29%	+3.89%
2023	+16.84%	+25.45%
2022	-23.20%	-22.52%
2021	+22.88%	-10.28%
2020	+9.44%	-15.07%
2019	N/A	+27.78%
2018	N/A	-21.54%
2017	N/A	+10.07%
2016	N/A	+26.28%
2015	N/A	-40.52%
2014	N/A	-26.27%
2013	N/A	-15.41%
2012	N/A	+25.11%
2011	N/A	-14.11%
2010	N/A	+51.29%
2009	N/A	+90.17%

MSTB vs COLO Drawdown Comparison

The maximum drawdown for MSTB was -25.64%, occurring on Sep 30, 2022. Recovery took 613 trading sessions.

The maximum drawdown for COLO was -78.92%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current MSTB drawdown is -1.73%. The current COLO drawdown is -13.08%.

Rank	MSTB	COLO
#1	-25.64% Jan 3, 2022 - Jun 12, 2024	-78.92% Nov 4, 2010 - Mar 23, 2020
#2	-10.81% Jan 23, 2025 - May 12, 2025	-14.95% Oct 12, 2009 - Feb 16, 2010
#3	-8.31% Oct 29, 2025 - Apr 16, 2026	-11.46% Feb 9, 2009 - Mar 17, 2009
#4	-6.18% Aug 30, 2021 - Nov 3, 2021	-10.46% Apr 26, 2010 - Jun 15, 2010
#5	-5.83% Nov 18, 2021 - Dec 23, 2021	-7.98% Jun 12, 2009 - Jul 1, 2009
#6	-5.60% Jul 16, 2024 - Sep 19, 2024	-7.87% Jul 23, 2009 - Aug 25, 2009
#7	-5.16% Oct 12, 2020 - Nov 9, 2020	-7.82% Aug 27, 2009 - Sep 8, 2009
#8	-5.03% Feb 12, 2021 - Apr 1, 2021	-7.79% Mar 23, 2009 - Apr 15, 2009
#9	-4.26% Dec 6, 2024 - Jan 23, 2025	-6.05% Jul 2, 2009 - Jul 14, 2009
#10	-4.09% Jun 2, 2026 - Jun 10, 2026	-3.97% Aug 4, 2010 - Aug 24, 2010
#11	-3.39% Jul 12, 2021 - Jul 23, 2021	-3.84% Mar 8, 2010 - Apr 6, 2010
#12	-3.20% May 7, 2021 - Jun 30, 2021	-3.52% Jun 21, 2010 - Jul 8, 2010
#13	-2.88% Oct 18, 2024 - Nov 7, 2024	-3.38% Oct 13, 2010 - Nov 3, 2010
#14	-2.80% Oct 8, 2025 - Oct 21, 2025	-3.15% Sep 8, 2010 - Sep 28, 2010
#15	-2.62% May 19, 2025 - Jun 3, 2025	-2.87% Apr 6, 2010 - Apr 23, 2010

Correlation

Correlation between MSTB and COLO is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2009 - 2026)

MSTB vs COLO dividend yield comparison.

Year	MSTB	COLO
2026	0.00%	0.37%
2025	0.41%	7.51%
2024	0.95%	6.09%
2023	0.16%	6.99%
2022	1.34%	12.55%
2021	2.20%	2.32%
2020	1.78%	3.23%
2019	0.00%	3.04%
2018	0.00%	3.03%
2017	0.00%	1.83%
2016	0.00%	1.48%
2015	0.00%	1.58%
2014	0.00%	3.20%
2013	0.00%	4.10%
2012	0.00%	2.02%
2011	0.00%	1.17%
2010	0.00%	0.99%
2009	0.00%	3.74%