Astoria US Equal Weight Quality Kings ETF

Frequently Asked Questions About ROE

What does ROE invest in?

ROE holds a portfolio of US, large- and mid-cap stocks believed to have the highest quality, valuation, dividend potential, and growth metrics across sectors. The fund aims for an equally weighted and sector-optimized portfolio. The sub-adviser's proprietary quantitative screen evaluates securities while attempting a sector-optimized selection by using metrics that vary in quality and robustness. Factors such as ROE, ROI, P/E ratio, dividend yield, projected growth estimates, and earnings momentum are considered but only metrics that best define a sector are utilized. The top 50-100 stocks based on their weighted average rank on each factor are selected. The sub-adviser monitors investments through its quantitative and systematic approach to best position the fund for changing economic trends valuations or earnings. As an actively managed fund, positions may change depending on the sub-adviser's assessment and discretion. On Apr. 22, 2024, the fund appended Equal Weight to its name.

What is the expense ratio of ROE?

Astoria US Equal Weight Quality Kings ETF (ROE) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ROE?

Astoria US Equal Weight Quality Kings ETF (ROE) manages $164.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ROE actively managed or an index fund?

ROE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ROE's is 0.49%) in exchange for the discretion to over- or under-weight positions.

When was ROE launched?

Astoria US Equal Weight Quality Kings ETF (ROE) launched in August 2023 and is managed by Astoria.

How has ROE performed?

ROE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.