MSTQ vs CVAR

Comparison between LHA MARKET STATE TACTICAL Q ETF (MSTQ, ETF) and CULTIVAR ETF (CVAR, ETF).

MSTQ vs CVAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTQ(ETF)	CVAR(ETF)
Net Assets	$39M	$39M
Expense Ratio	1.55%	0.87%
Max Drawdown	31.05%	20.48%
Sharpe Ratio	1.47	0.63
5Y Beta	0.85	0.55
P/E Ratio	N/A	28.14
Forward P/E	N/A	14.43
PEG Ratio	N/A	-0.26
5Y EPS CAGR	N/A	1.71%
Debt to Equity	N/A	15.14%
P/S Ratio	N/A	1.32
P/B Ratio	N/A	2.09

Net Assets

Winner

MSTQ

$39M

CVAR

$39M

Expense Ratio

MSTQ

1.55%

Winner

CVAR

0.87%

Max Drawdown

MSTQ

31.05%

Winner

CVAR

20.48%

Sharpe Ratio

Winner

MSTQ

1.47

CVAR

0.63

5Y Beta

MSTQ

0.85

Winner

CVAR

0.55

P/E Ratio

MSTQ

N/A

CVAR

28.14

Forward P/E

MSTQ

N/A

CVAR

14.43

PEG Ratio

MSTQ

N/A

CVAR

-0.26

5Y EPS CAGR

MSTQ

N/A

CVAR

1.71%

Debt to Equity

MSTQ

N/A

CVAR

15.14%

P/S Ratio

MSTQ

N/A

CVAR

1.32

P/B Ratio

MSTQ

N/A

CVAR

2.09

MSTQ vs CVAR - Holdings Comparison

MSTQ and CVAR have 0 common holdings. Overlap is 0.00%

MSTQ's top 25 holdings weight is 87.54%. CVAR's top 25 holdings weight is 47.98%.

Rank	MSTQ	CVAR
#1	INVESCO QQQ TRUST (QQQ) - 63.68%	UNITED STATES TREASURY BONDS 2.875% (n/a) - 4.06%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 11.93%	MARKETAXESS HOLDINGS INC (MKTX) - 3.38%
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 11.93%	UNITED STATES TREASURY BONDS 4.625% (n/a) - 2.98%
#4	N/A	CORE LABORATORIES INC (CLB) - 2.81%
#5	N/A	HEALTHCARE SERVICES GROUP INC (HCSG) - 2.42%
#6	N/A	PROTO LABS INC (PRLB) - 2.38%
#7	N/A	ALEXANDRIA REAL ESTATE EQUITIES INC (ARE) - 2.30%
#8	N/A	SOUTHWEST AIRLINES CO (LUV) - 1.93%
#9	N/A	ALBEMARLE CORP (ALB) - 1.78%
#10	N/A	THE HERSHEY CO (HSY) - 1.62%
#11	N/A	NORTHWEST NATURAL HOLDING CO (NWN) - 1.62%
#12	N/A	HUMANA INC (HUM) - 1.61%
#13	N/A	QORVO INC (QRVO) - 1.60%
#14	N/A	ILLUMINA INC (ILMN) - 1.58%
#15	N/A	EVERSOURCE ENERGY (ES) - 1.57%
#16	N/A	DASSAULT SYSTEMES SE ADR (DASTY) - 1.51%
#17	N/A	KIMBERLY-CLARK CORP (KMB) - 1.51%
#18	N/A	BARRICK MINING CORP (n/a) - 1.51%
#19	N/A	PAYCOM SOFTWARE INC (PAYC) - 1.50%
#20	N/A	VEEVA SYSTEMS INC CLASS A (VEEV) - 1.46%
#21	N/A	ZOETIS INC CLASS A (ZTS) - 1.45%
#22	N/A	BIOGEN INC (BIIB) - 1.37%
#23	N/A	ADOBE INC (ADBE) - 1.35%
#24	N/A	NEWMONT CORP (NEM) - 1.34%
#25	N/A	HORMEL FOODS CORP (HRL) - 1.34%
Total Holdings	3	89

MSTQ vs CVAR - Historical Returns

Returns include dividend reinvestment.

Period	MSTQ	CVAR
1 month	-1.26%	-0.24%
3 months	+12.95%	-2.62%
6 months	+10.03%	+2.87%
1 year	+24.91%	+10.68%
5 years(CAGR)	+15.03%	+5.66%
Max(CAGR)	+15.03%	+5.66%

MSTQ

-1.26%

Winner

CVAR

-0.24%

Winner

MSTQ

+12.95%

CVAR

-2.62%

Winner

MSTQ

+10.03%

CVAR

+2.87%

Winner

MSTQ

+24.91%

CVAR

+10.68%

5Y(CAGR)

Winner

MSTQ

+15.03%

CVAR

+5.66%

Max(CAGR)

Winner

MSTQ

+15.03%

CVAR

+5.66%

MSTQ vs CVAR - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MSTQ	CVAR
2026	+12.33%	+0.99%
2025	+19.78%	+14.83%
2024	+21.82%	+3.11%
2023	+43.70%	+11.01%
2022	-21.67%	-6.34%
2021	N/A	+0.71%

MSTQ vs CVAR Drawdown Comparison

The maximum drawdown for MSTQ was -31.05%, occurring on Dec 28, 2022. Recovery took 433 trading sessions.

The maximum drawdown for CVAR was -19.39%, occurring on Sep 27, 2022. Recovery took 197 trading sessions.

The current MSTQ drawdown is -4.90%. The current CVAR drawdown is -5.96%.

Rank	MSTQ	CVAR
#1	-31.05% Mar 29, 2022 - Dec 18, 2023	-19.39% Apr 20, 2022 - Feb 1, 2023
#2	-15.19% Dec 16, 2024 - May 14, 2025	-18.68% Feb 2, 2023 - Jul 16, 2024
#3	-12.37% Oct 29, 2025 - Apr 22, 2026	-13.51% Dec 2, 2024 - Jul 1, 2025
#4	-10.14% Jul 10, 2024 - Dec 3, 2024	-8.45% Feb 27, 2026 - Mar 19, 2026
#5	-6.51% Mar 22, 2024 - May 20, 2024	-6.66% Oct 27, 2025 - Dec 11, 2025
#6	-4.92% Jun 2, 2026 - Jun 5, 2026	-5.75% Jul 17, 2024 - Sep 13, 2024
#7	-4.02% Dec 27, 2023 - Jan 18, 2024	-5.42% Jan 14, 2022 - Mar 25, 2022
#8	-3.54% Oct 8, 2025 - Oct 20, 2025	-4.37% Jul 23, 2025 - Aug 22, 2025
#9	-3.04% Aug 12, 2025 - Sep 8, 2025	-3.64% Oct 18, 2024 - Nov 6, 2024
#10	-2.69% May 14, 2026 - May 26, 2026	-3.35% Oct 3, 2025 - Oct 22, 2025
#11	-2.63% Jul 30, 2025 - Aug 8, 2025	-2.78% Nov 11, 2024 - Nov 25, 2024
#12	-2.58% Feb 9, 2024 - Feb 22, 2024	-2.59% Jul 10, 2025 - Jul 23, 2025
#13	-2.58% Jan 29, 2024 - Feb 2, 2024	-2.49% Mar 29, 2022 - Apr 20, 2022
#14	-2.53% Mar 1, 2024 - Mar 21, 2024	-2.38% Jan 26, 2026 - Feb 11, 2026
#15	-2.38% May 19, 2025 - Jun 2, 2025	-1.68% Sep 30, 2024 - Oct 14, 2024