LHA Market State Tactical Beta ETF (MSTB)

Cboe BZX: MSTBExchange-traded fund from Little Harbor Advisors.

  • Expense ratio1.29%
  • Net assets$197.3M
  • Dividend yield0.36%
  • 1-year return+8.85%
  • Holdings3

MSTB ETF price chart

MSTB quote & trading statistics

MSTB performance

Annual returns & drawdowns →
  • YTD+9.25%
  • 1 year+8.85%
  • 3 years+20.27%/yr
  • 5 years+7.79%/yr
  • 10 years0.00%/yr
1Y volatility
12.11%
3Y volatility
11.80%
3Y Sharpe ratio
1.15

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

MSTB top 3 holdings

#SymbolNameWeight
1SPYSPDR S&P 500 ETF Trust79.03%
2FXFXXFirst American Funds Inc. - Treasury Obligations Fund3.60%
3FGXXXFirst American Funds Inc. - Government Obligations Fund3.60%

The top 3 holdings make up 86.2% of the fund (3 holdings in total). As of October 25, 2026.

MSTB sector weights

Technology
41.2%
Financial Services
12.1%
Healthcare
9.7%
Communication Services
9.7%
Consumer Cyclical
8.8%
Industrials
7.5%
Consumer Defensive
4.4%
Energy
3.7%
Utilities
1.9%
Real Estate
1.7%
Basic Materials
1.6%

MSTB region weights

North America
101.2%
Europe Developed
0.3%
Asia Emerging
0.1%
Latin America
0.1%

MSTB asset allocation

U.S. stocks
99.5%
Non-U.S. stocks
0.5%

MSTB market-cap breakdown

Mega cap
49.9%
Large cap
37.0%
Mid cap
22.0%
Small cap
1.4%

About LHA Market State Tactical Beta ETF

The fund is an actively-managed ETF and seeks to achieve its objective principally by investing in instruments linked directly or indirectly to the performance and/or volatility of the S&P 500 Index based on statistical analyses that seek to estimate the direction of the S&P 500. Under normal market conditions, the fund"s baseline exposure each day to the S&P 500 is approximately 100%, which the fund"s portfolio managers then adjust based on a statistical method of analysis evaluating the movement of the VIX Index. The fund is non-diversified.

MSTB ETF FAQ

What is the MSTB expense ratio?

LHA Market State Tactical Beta ETF has a net expense ratio of 1.29%, or $129.00 a year for every $10,000 invested.

How much money is in MSTB?

LHA Market State Tactical Beta ETF has about $197.3M in net assets.

What are the top holdings of MSTB?

The largest positions in MSTB are SPDR S&P 500 ETF Trust (79.03%), First American Funds Inc. - Treasury Obligations Fund (3.60%), First American Funds Inc. - Government Obligations Fund (3.60%). The fund holds 3 securities in total.

How has MSTB performed?

MSTB returned +8.85% over the past year and +7.79% a year over the past five years, including reinvested distributions.

Does MSTB pay dividends?

MSTB has a dividend yield of 0.36%.

When was MSTB launched?

LHA Market State Tactical Beta ETF began trading on September 29, 2020.