THOR Low Volatility ETF (THLV) Performance
THLV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.3% since Dec 31, 2025
- 1 year
- +5.5% total return
- 3 years
- +11.5% a year
- Since first price
- +8.2% a year since 2022
THLV trailing returns vs SPY, QQQ, AGG
| Period | THLV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.4% | −4.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.6% | −1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +5.3% | +5.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +5.5% | +3.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +38.6%+11.5%/yr | +30.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 13, 2022 | +38.3%+8.2%/yr | +29.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: THLV vs SPY
From Sep 13, 2022: THLV grew to $13,831, SPY to $20,446.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
THLV returns by calendar year
3 of 3 full years positive. Best 2025 (+10.5%), worst 2023 (+5.9%). 2026 is year to date.
THLV annual returns table
| Year | THLV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.3% | −6.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.5% | −7.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.5% | −6.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.9% | −11.6% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
THLV largest drawdowns
Now 6.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 29, 2024 | −13.1% | Apr 21, 2025 | Jul 23, 2025 | 5 months | 8 months |
| Jan 13, 2023 | −11.6% | May 24, 2023 | Feb 22, 2024 | 4 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
THLV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +10.7% | +10.0% |
| Volatility (annualized) | 10.4% | 11.9% |
| Sharpe ratio | 0.62 | 0.50 |
| Sortino ratio | 0.96 | 0.80 |
| Best month | +6.0% | +8.3% |
| Worst month | −6.4% | −6.4% |
| Best 12 months | +24.5% | +24.5% |
| Worst 12 months | +0.3% | −4.4% |
| Positive months | 64% | 58% |
| Beta vs S&P 500 | 0.48 | — |
| Correlation with S&P 500 | 0.58 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
THLV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 38 | −4.4% | +8.5% | +24.5% | 95% |
| 3-year (a year) | 14 | +7.1% | +11.0% | +13.5% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
THLV performance overview
THOR Low Volatility ETF (THLV) returned +5.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +8.2% a year, turning $10,000 into about $13,831. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.1%, from Nov 29, 2024 to Apr 21, 2025, and it took 3 months to get back to the old high. THLV finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+10.5%) and the worst 2023 (+5.9%). Volatility has been 11.9% a year.
Related: THLV chart, THLV dividends. See the THLV overview for the latest quote and fund facts.
THLV performance FAQ
What is the THLV return over the past year?
THLV returned +5.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.6%.
How much would $10,000 invested in THLV be worth?
$10,000 invested in THLV at its first recorded close on September 13, 2022 would be worth about $13,831 on October 23, 2026 with distributions reinvested.
What was the worst year for THLV?
The worst calendar year was 2023, with a total return of +5.9%. The best was 2025 at +10.5%.
What is the biggest drawdown of THLV?
The largest peak-to-trough decline was −13.1% between November 29, 2024 and April 21, 2025. It recovered to the old high on July 23, 2025, 3 months after the bottom.
How volatile is THLV?
Over the past 3 years THLV had an annualized volatility of 10.4% and a Sharpe ratio of 0.62 (excess return over 1–3 month T-bills per unit of risk).