ETF Evaluator:
Relative Sentiment Tactical Allc ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Tactical Allocation Over the Last Year
| 31.2% | Relative Sentiment Tactical Allc ETF (MOOD) |
| 27.5% | RH Tactical Rotation ETF (RHRX) |
| 25.2% | Cambria Global Momentum ETF (GMOM) |
| 24.3% | STF Tactical Growth ETF (TUG) |
| 23.1% | Alexis Practical Tactical ETF (LEXI) |
Risk
Index
Risk
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ETF Details
Relative Sentiment Tactical Allc ETF Overview
Relative Sentiment Tactical Allc ETF (MOOD) is an actively managed Allocation Tactical Allocation exchange-traded fund (ETF). Relative Sentiment launched the ETF in 2022.
The investment seeks long-term capital appreciation.
The fund is an actively managed ETF that seeks capital appreciation by tactically allocating its assets among other ETFs and exchange-traded products (“ETPs”) that provide exposure to equities, fixed income, commodities (including gold), and currencies. The fund is non-diversified.
About Relative Sentiment Tactical Allc ETF (MOOD)
There are 3 members of the management team with an average tenure of 3.97 years: Raymond Micaletti (2022), Richard Shaner (2022) and Joshua Russell (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Solactive GBS DM ex NA L & M Cap TR USD index with a weighting of 100% and Solactive GBS United States 1000 TR USD index with a weighting of 100%. Relative Sentiment Tactical Allc ETF has 19 securities in its portfolio. The top 10 holdings constitute 85.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Relative Sentiment Tactical Allc ETF is part of the Allocation global asset class and is within the Allocation ETF group. Relative Sentiment Tactical Allc ETF has 13.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 67.3% There is 13.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 8.6% (8.6% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Relative Sentiment Tactical Allc ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $147 million in total assets, which is above the $144 million average for the Tactical Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
MOOD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Relative Sentiment Tactical Allc ETF expense ratio is above average compared to funds in the Tactical Allocation category. Relative Sentiment Tactical Allc ETF has an expense ratio of 0.77%, which is 21% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Relative Sentiment Tactical Allc ETF has a portfolio turnover rate of 579%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 261% for the Tactical Allocation category.
Recently, in the month of July 2026, Relative Sentiment Tactical Allc ETF returned -0.0%, which earned it a grade of B, as the Tactical Allocation category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Relative Sentiment Tactical Allc ETF has a trailing yield of 0.36%, which is below the 2.15% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Relative Sentiment Tactical Allc ETF Grades
Year to date, the ETF has returned 13.3%, 5.8 percentage points better than the category, which translates into a grade of A. The fund has returned 31.2% over the past year (grade of A) and 18.8% over the past three years (grade of A).
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MOOD Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MOOD Return (NAV) | -0.0% | 2.3% | 31.2% | 18.8% | na | na |
| MOOD Return (Price) | -0.0% | 2.3% | 31.3% | 18.9% | na | na |
| NAV +/- Price Return | 0.015% | 0.023% | -0.064% | -0.034% | na | na |
| Tactical Allocation Avg | -1.4% | 1.6% | 15.9% | 10.6% | 5.4% | 7.4% |
| MOOD Grade (NAV) | B | B | A | A | na | na |
| +/- Category (NAV) | 1.4% | 0.7% | 15.3% | 8.2% | na | na |
| MOOD Tax-Cost Ratio | na | na | 0.2% | 0.4% | na | na |
MOOD Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MOOD Return (NAV) | 13.3% | 30.2% | 12.6% | 12.5% | na | na | na | na | na | na | na |
| MOOD Return (Price) | 13.3% | 30.4% | 12.5% | 12.6% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.003% | 0.006% | -0.004% | 0.003% | na | na | na | na | na | na | na |
| Tactical Allocation Avg | 7.5% | 12.7% | 11.7% | 10.7% | -13.3% | 16.9% | 7.5% | 14.0% | -6.3% | 19.2% | 7.1% |
| MOOD Grade (NAV) | A | A | C | B | na | na | na | na | na | na | na |
| +/- Category | 5.8% | 17.5% | 0.9% | 1.8% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.96 |
| R-Squared: | 75% |
| Standard Deviation: | 10.4% |
| Category Risk Index: | 0.88 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.85 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 147 Mil |
| Share Class Assets: | $ 147 Mil |
| Turnover: | 579.0% |
| Expense Ratio: | 0.77% |
| Index Fund: | No |
| Index Tracked: | Solactive GBS DM ex NA L & M Cap TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 4.2 years | |||
| Average Tenure: 4.0 years | |||
| Managers (Year): Micaletti Raymond (2022), Shaner Richard (2022), Russell Joshua (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 19 |
| % in Top 10 Holdings: | 85.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 13.3% |
Portfolio Allocation |
|
| Domestic Stock: | 67.3% |
| Foreign Stock: | 13.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 8.6% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 10.5% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Relative Sentiment |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Inception Date: | May 18, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.77% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.97% |
