MSVX Performance — LHA Market State Alpha Seeker ETF
Data updated: 2024-11-29
MSVX returned −3.94% over one year to Sep 2024. The annualised 3-year return is −2.98%. The fund trailed its Alternative category average: $100 invested three years ago grew to $91, against $113 for the category, and to $96 over one year, against $123. Volatility over the past three years was 6.63% a year. In the 12 months to Sep 2024 the fund lost a net $11.0M, and assets reached $11.03M.
MSVX Growth of $100
What $100 invested in LHA Market State Alpha Seeker ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MSVX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $96 | $123 |
| 3 years (Oct 2021 – Sep 2024) | $91 | $113 |
| Since data start (May 2020 – Sep 2024) | $94 | $139 |
MSVX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −3.94% |
| 3 years (annualised) | −2.98% |
MSVX Annual Returns
Calendar-year total returns of LHA Market State Alpha Seeker ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | −7.40% |
| 2023 | −0.55% |
| 2022 | −0.69% |
| 2021 | +6.28% |
| 2020 (May–Dec) | −3.63% |
MSVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.2% | −0.4% | +0.8% | −1.8% | +1.2% | +1.6% | +1.4% | −3.9% | −6.4% | — | — | — |
| 2023 | −0.5% | −2.3% | −2.2% | −1.3% | +1.7% | −0.4% | +0.8% | −1.4% | +1.5% | −0.2% | +2.1% | +1.8% |
| 2022 | +1.6% | +1.0% | +0.5% | +0.9% | −1.8% | −0.6% | −4.4% | +1.7% | −0.5% | +1.6% | +0.8% | −1.4% |
| 2021 | +4.7% | +3.4% | +1.0% | +0.8% | −2.2% | +0.4% | +0.7% | +3.6% | −5.6% | −0.1% | −0.4% | +0.4% |
| 2020 | — | — | — | — | −0.6% | −6.7% | +4.8% | −1.5% | +1.1% | +1.1% | +0.1% | −1.6% |
MSVX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 6.63%
- 3-year Sharpe ratio: -1.13 (vs 4.5% risk-free rate)
- Best month: +2.09% (Nov 2023)
- Worst month: −6.40% (Sep 2024)
MSVX Fund Flows
Monthly money in and out of LHA Market State Alpha Seeker ETF, from SEC Form N-PORT.
- 12-month net flow: −$11.0M
- 12-month gross sales (incl. reinvestments): $1.2M
- Sales ÷ redemptions: 0.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $0 | $5.6M | −$5.6M |
| Aug 2024 | $0 | $616K | −$616K |
| Jul 2024 | $0 | $1.2M | −$1.2M |
| Jun 2024 | $0 | $0 | $0 |
| May 2024 | $0 | $590K | −$590K |
| Apr 2024 | $0 | $2.4M | −$2.4M |
| Mar 2024 | $0 | $1.8M | −$1.8M |
| Feb 2024 | $594K | $1.8M | −$1.2M |
| Jan 2024 | $0 | $0 | $0 |
| Dec 2023 | $0 | −$580K | $580K |
| Nov 2023 | $597K | $0 | $597K |
| Oct 2023 | $0 | −$1.2M | $1.2M |
MSVX Assets Under Management
Net assets of LHA Market State Alpha Seeker ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $11.03M |
| 2024-06-30 | $19.95M |
| 2024-03-31 | $22.77M |
| 2023-12-31 | $25.61M |
| 2023-09-30 | $26.78M |
| 2023-06-30 | $31.87M |
| 2023-03-31 | $38.95M |
| 2022-12-31 | $44.06M |
| 2022-09-30 | $43.63M |
| 2022-06-30 | $43.82M |
| 2022-03-31 | $40.63M |
| 2021-12-31 | $27.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.