MSTB vs SRHQ

Comparison between LHA MARKET STATE TACTICAL BETA ETF (MSTB, ETF) and SRH U.S. QUALITY GARP ETF (SRHQ, ETF).

MSTB vs SRHQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTB(ETF)	SRHQ(ETF)
Net Assets	$197M	$196M
Expense Ratio	1.38%	0.35%
Max Drawdown	26.34%	18.77%
Sharpe Ratio	1.22	1.31
5Y Beta	0.58	0.83
P/E Ratio	N/A	21.29
Forward P/E	N/A	13.22
PEG Ratio	N/A	0.03
5Y Dividends CAGR	0.26%	N/A
5Y EPS CAGR	N/A	19.36%
P/S Ratio	N/A	0.96
P/B Ratio	N/A	3.57

Net Assets

Winner

MSTB

$197M

SRHQ

$196M

Expense Ratio

MSTB

1.38%

Winner

SRHQ

0.35%

Max Drawdown

MSTB

26.34%

Winner

SRHQ

18.77%

Sharpe Ratio

MSTB

1.22

Winner

SRHQ

1.31

5Y Beta

Winner

MSTB

0.58

SRHQ

0.83

P/E Ratio

MSTB

N/A

SRHQ

21.29

Forward P/E

MSTB

N/A

SRHQ

13.22

PEG Ratio

MSTB

N/A

SRHQ

0.03

5Y Dividends CAGR

MSTB

0.26%

SRHQ

N/A

5Y EPS CAGR

MSTB

N/A

SRHQ

19.36%

P/S Ratio

MSTB

N/A

SRHQ

0.96

P/B Ratio

MSTB

N/A

SRHQ

3.57

MSTB vs SRHQ - Holdings Comparison

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

MSTB's top 25 holdings weight is 89.65%. SRHQ's top 25 holdings weight is 35.73%.

Rank	MSTB	SRHQ
#1	STATE STREET® SPDR® S&P 500® ETF (SPY) - 82.83%	CENTENE CORP (CNC) - 1.98%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.41%	HUMANA INC (HUM) - 1.69%
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.41%	INSPERITY INC (NSP) - 1.66%
#4	N/A	UNITEDHEALTH GROUP INC (UNH) - 1.65%
#5	N/A	COMMVAULT SYSTEMS INC (CVLT) - 1.56%
#6	N/A	ELEVANCE HEALTH INC (ELV) - 1.55%
#7	N/A	CREDIT ACCEPTANCE CORP (CACC) - 1.42%
#8	N/A	RESIDEO TECHNOLOGIES INC (REZI) - 1.42%
#9	N/A	STERLING INFRASTRUCTURE INC (STRL) - 1.39%
#10	N/A	FRONTDOOR INC (FTDR) - 1.38%
#11	N/A	EURONET WORLDWIDE INC (EEFT) - 1.37%
#12	N/A	EMCOR GROUP INC (EME) - 1.36%
#13	N/A	PAYPAL HOLDINGS INC (PYPL) - 1.36%
#14	N/A	APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) - 1.35%
#15	N/A	NEXSTAR MEDIA GROUP INC (NXST) - 1.35%
#16	N/A	OWENS-CORNING INC (OC) - 1.35%
#17	N/A	FISERV INC (FISV) - 1.34%
#18	N/A	JONES LANG LASALLE INC (JLL) - 1.34%
#19	N/A	SYNCHRONY FINANCIAL (SYF) - 1.33%
#20	N/A	NUTANIX INC CLASS A (NTNX) - 1.33%
#21	N/A	ALLISON TRANSMISSION HOLDINGS INC (ALSN) - 1.33%
#22	N/A	ARCOSA INC (ACA) - 1.32%
#23	N/A	CBOE GLOBAL MARKETS INC (CBOE) - 1.31%
#24	N/A	EAGLE MATERIALS INC (EXP) - 1.30%
#25	N/A	AMERIPRISE FINANCIAL INC (AMP) - 1.29%
Total Holdings	3	80

MSTB vs SRHQ - Historical Returns

Returns include dividend reinvestment.

Period	MSTB	SRHQ
1 month	+0.70%	+5.09%
3 months	+9.83%	+11.15%
6 months	+8.54%	+12.57%
1 year	+19.25%	+24.29%
5 years(CAGR)	+8.35%	N/A
Max(CAGR)	+11.23%	+17.29%

MSTB

+0.70%

Winner

SRHQ

+5.09%

MSTB

+9.83%

Winner

SRHQ

+11.15%

MSTB

+8.54%

Winner

SRHQ

+12.57%

MSTB

+19.25%

Winner

SRHQ

+24.29%

5Y(CAGR)

MSTB

+8.35%

SRHQ

N/A

Max(CAGR)

MSTB

+11.23%

Winner

SRHQ

+17.29%

MSTB vs SRHQ - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	MSTB	SRHQ
2026	+8.11%	+13.17%
2025	+18.86%	+7.66%
2024	+19.29%	+16.85%
2023	+16.84%	+21.54%
2022	-23.20%	+4.20%
2021	+22.88%	N/A
2020	+9.44%	N/A

MSTB vs SRHQ Drawdown Comparison

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

The maximum drawdown for SRHQ was -18.50%, occurring on Apr 8, 2025. Recovery took 207 trading sessions.

The current MSTB drawdown is -1.19%. The current SRHQ drawdown is -0.36%.

Rank	MSTB	SRHQ
#1	-25.64% Jan 3, 2022 - Jun 12, 2024	-18.50% Nov 11, 2024 - Sep 11, 2025
#2	-10.81% Jan 23, 2025 - May 12, 2025	-10.62% Jul 19, 2023 - Dec 4, 2023
#3	-8.31% Oct 29, 2025 - Apr 16, 2026	-8.96% Feb 2, 2023 - Jun 12, 2023
#4	-6.18% Aug 30, 2021 - Nov 3, 2021	-6.36% Jul 31, 2024 - Aug 21, 2024
#5	-5.83% Nov 18, 2021 - Dec 23, 2021	-6.30% Feb 26, 2026 - Apr 8, 2026
#6	-5.60% Jul 16, 2024 - Sep 19, 2024	-5.92% Dec 2, 2022 - Jan 31, 2023
#7	-5.16% Oct 12, 2020 - Nov 9, 2020	-5.87% Mar 28, 2024 - Jul 16, 2024
#8	-5.03% Feb 12, 2021 - Apr 1, 2021	-5.55% Oct 27, 2025 - Dec 10, 2025
#9	-4.26% Dec 6, 2024 - Jan 23, 2025	-4.50% Oct 5, 2022 - Oct 24, 2022
#10	-4.09% Jun 2, 2026 - Jun 10, 2026	-4.34% Sep 11, 2025 - Oct 24, 2025
#11	-3.39% Jul 12, 2021 - Jul 23, 2021	-3.91% Aug 30, 2024 - Sep 19, 2024
#12	-3.20% May 7, 2021 - Jun 30, 2021	-3.76% Oct 17, 2024 - Nov 6, 2024
#13	-2.88% Oct 18, 2024 - Nov 7, 2024	-3.35% Jan 15, 2026 - Feb 25, 2026
#14	-2.80% Oct 8, 2025 - Oct 21, 2025	-3.31% Oct 28, 2022 - Nov 10, 2022
#15	-2.62% May 19, 2025 - Jun 3, 2025	-3.10% Apr 20, 2026 - May 28, 2026