Astoria US Equal Weight Quality Kings ETF

Frequently Asked Questions About ROE

What does ROE invest in?

This ETF is designed to invest in a curated selection of large and mid-capitalization U.S. companies, targeting those that exhibit exceptional quality, favorable valuations, strong dividend prospects, and promising growth indicators across various industries. The fund's strategy emphasizes an equally weighted structure for its holdings, coupled with a deliberate optimization of sector exposure. The sub-adviser employs a unique quantitative screening process to identify potential investments. This rigorous methodology evaluates securities using a range of factors, such as Return on Equity (ROE), Return on Investment (ROI), Price-to-Earnings (P/E) ratios, dividend yields, projected growth estimates, and earnings momentum. Crucially, the fund applies only those metrics deemed most relevant and effective for defining and assessing companies within each specific sector. From this meticulous analysis, 50 to 100 top-performing stocks are chosen based on their weighted average rank across the selected criteria. As an actively managed vehicle, the sub-adviser consistently monitors these investments through a systematic quantitative approach. This ongoing oversight enables the fund to dynamically adjust its positions, leveraging the sub-adviser's expert assessment and discretion to navigate changes in economic conditions, valuations, or corporate earnings. It is also notable that on April 22, 2024, the fund formally incorporated "Equal Weight" into 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 $251.9M 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 July 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.