Summary
RULE
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 32.36% Volatility 19.43% Sharpe 0.65
Official loaded data — not a live quote.

ADAPTIVE CORE ETF

Symbol: RULE

Exchange: BATS

Sector: Technology

Category: Moderate Allocation

Inception date: 02/11/2021

Latest date: 20/07/2026

Current price: $29.70

Expense ratio: 1.84%

Assets under management
$17.2M
-0.77% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-13.52%

Ann. -49.33% (Sharpe / Sortino numerator)

Volatility

29.17%

Sharpe ratio

-1.815

VaR 95%

-3.07%

CVaR 95%: -3.21%
Max drawdown: -9.50%
Sortino ratio: -3.018
Calmar ratio: -5.20

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.74%

Ann. 16.94% (Sharpe / Sortino numerator)

Volatility

24.48%

Sharpe ratio

0.544

VaR 95%

-2.64%

CVaR 95%: -3.04%
Max drawdown: -12.65%
Sortino ratio: 0.824
Calmar ratio: 1.34

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

21.42%

Ann. 10.87% (Sharpe / Sortino numerator)

Volatility

21.65%

Sharpe ratio

0.334

VaR 95%

-2.60%

CVaR 95%: -2.90%
Max drawdown: -12.65%
Sortino ratio: 0.467
Calmar ratio: 0.86

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

32.36%

Ann. 16.35% (Sharpe / Sortino numerator)

Volatility

19.43%

Sharpe ratio

0.654

VaR 95%

-2.30%

CVaR 95%: -2.97%
Max drawdown: -12.65%
Sortino ratio: 0.860
Calmar ratio: 1.29

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

36.93%

Ann. 5.40% (Sharpe / Sortino numerator)

Volatility

17.05%

Sharpe ratio

0.104

VaR 95%

-1.98%

CVaR 95%: -2.66%
Max drawdown: -20.21%
Sortino ratio: 0.138
Calmar ratio: 0.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

50.44%

Ann. 8.32% (Sharpe / Sortino numerator)

Volatility

15.29%

Sharpe ratio

0.307

VaR 95%

-1.64%

CVaR 95%: -2.39%
Max drawdown: -20.21%
Sortino ratio: 0.399
Calmar ratio: 0.41

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.126%

Best day

5.017%

11/06/2026
Worst day

-6.689%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $29.93 $29.93 $29.70 $29.70 3,200
17/07/2026 $29.14 $30.08 $29.14 $29.78 6,000
16/07/2026 $30.28 $30.37 $29.78 $29.87 2,200
15/07/2026 $30.38 $31.00 $30.38 $31.00 1,900
14/07/2026 $31.84 $31.84 $31.69 $31.76 1,100
13/07/2026 $31.46 $31.46 $30.99 $31.08 1,500
10/07/2026 $32.01 $32.01 $31.96 $31.96 1,300
09/07/2026 $32.33 $32.33 $31.98 $31.98 600
08/07/2026 $30.70 $31.22 $30.70 $31.22 1,200
07/07/2026 $30.98 $31.01 $30.81 $30.90 800