THOR AdaptiveRisk Dynamic ETF
THOR AdaptiveRisk Dynamic ETF (NYSE: THMR) is an exchange-traded fund listed on the New York Stock Exchange, trading at $26.18 (about ₹2,514 a unit) as of 25 Sep 2026, 9:46 AM ET. It has an expense ratio of 1.1%. Indian residents can buy THMR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$26.18
Today's high
$26.18
52 week low
$24.47
52 week high
$27.76
THMR opened at $26.18, closed previously at $26.18, and has traded between $24.47 and $27.76 over the past 52 weeks.
About
The THOR AdaptiveRisk Dynamic ETF (THMR) utilizes an advanced, multi-pronged investment strategy that prioritizes risk management, aiming to keep its annualized volatility around 15%. Its extensive portfolio includes a broad spectrum of asset classes such as stocks, bonds, various exchange-traded funds (including those with leverage), indirect exposure to cryptocurrencies, and commodities like gold. At the core of its process is "Darwin," a proprietary quantitative system responsible for crafting optimized portfolio allocations. This system primarily determines its recommendations based on a predefined target risk level. Subsequently, these algorithm-generated allocations undergo careful adjustments to factor in market liquidity, transaction expenses, diversification benefits, and relevant regulatory requirements. The fund integrates diverse investment methodologies, including trend-following, momentum, mean reversion, and risk parity, applying them across different market horizons. Additionally, it employs an adaptive capital allocation system that proactively shifts investments toward strategies demonstrating stronger performance while decreasing exposure to weaker ones. Through continuous and intelligent rebalancing, this comprehensive approach ultimately seeks to deliver robust, risk-adjusted returns and effectively mitigate significant downturns.
Key statistics
Expense ratio
1.1%
Assets (AUM)
$43.9M
Holdings
—
NAV
$26.15
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 73.3% of the fund.
Where the money is invested
Countries
How to buy THMR from India
Indian residents can buy THMR units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search THMR and buy
Find the fund by its ticker, THMR, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in THMR from India
Trading and taxes when buying THMR from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the THMR price today?
THOR AdaptiveRisk Dynamic ETF (THMR) last traded at $26.18 on the New York Stock Exchange, as of 25 Sep 2026, 9:46 AM ET. That is ₹2,514 a unit at the 24 Sep 2026 USD/INR rate.
When does THMR trade, in Indian time?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is THMR, and what does it cost to hold?
THOR AdaptiveRisk Dynamic ETF manages about $43.9M. Its expense ratio is 1.1% a year, deducted inside the fund. It launched in 2026.
What are THMR's largest holdings?
The top three are WisdomTree Bloomberg U.S. Dollar Bullish Fund (14.6%), State Street Energy Select Sector SPDR ETF USD Class (13.1%) and FT Vest Gold Strategy Target Income ETF USD Class (10.7%). THMR's 10 largest positions make up 73.3% of the fund.
How are gains on THMR taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of THMR?
Yes. You can buy THMR by amount rather than by whole unit, and there is no minimum trade size.