Astoria US Quality Kings ETFROE
ROE
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
150% more funds holding
Funds holding: 12 [Q2] → 30 (+18) [Q3]
96% more capital invested
Capital invested by funds: $51.2M [Q2] → $100M (+$48.9M) [Q3]
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
9.52% more ownership
Funds ownership: 58.3% [Q2] → 67.82% (+9.52%) [Q3]
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for ROE.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
ROE: Excellent Portfolio But Bleak Performance, Best To Watch From The Sidelines
Actively managed ROE offers exposure to around 100 top-quality U.S.-listed stocks, which are weighted equally. The factor mix I found under the hood is nothing short of robust, with quality exposure being fairly large. Strong value characteristics are also to mention. Alas, ROE is well behind IVV when it comes to the growth factor, which is in part responsible for its underperformance.
Negative
ETF Trends
2 months ago
Desperate to Diversify: Concentration Risks Creep Higher
Earnings season is in full swing, and five of the “Magnificent 7” are reporting quarterly results this week. Wall Street has been steadily raising the alarm on mega-cap concentration risks, and recent notes out from Goldman Sachs and Vanguard have cranked up the hazard level a notch.
Positive
ETF Trends
2 months ago
Astoria Advisors Talks Quality Growth Investing
Long-time ETF industry veteran and CEO and CIO of Astoria Advisors, John Davi, launched his firm's third ETF at the start of October. The Astoria US Quality Growth Kings ETF (GQQQ) joined the $145 million Astoria US Equal Weight Quality Kings ETF (ROE) and the $65 million AXS Astoria Inflation Sensitive ETF (PPI).
Neutral
Seeking Alpha
4 months ago
ROE: Solid But Thus-Far Ineffective Strategy
The Astoria US Equal Weight Quality Kings ETF has a 0.49% expense ratio and $140 million in equal-weighted assets across major sectors. ROE's 23% turnover and equal-weight strategy eliminate market cap bias but fail to generate alpha over broader cap-weighted indices, as represented by SPY or QQQ. Pairing ROE with the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) can offset Mag 7's impact, but requires precise timing and carries significant risks.
Positive
ETF Trends
4 months ago
ETF Prime: Rosenbluth on Nvidia Earnings, ETF Strategies, and More
On this week's episode of “ETF Prime,” host Nate Geraci was joined by Todd Rosenbluth, Head of Research at VettaFi. Together, Rosenbluth and Geraci discuss Nvidia's performance and how it affects ETF Strategies.
Neutral
ETF Trends
4 months ago
Broadening Out Beyond ‘Mag 7': Equal-Weight ETFs on a Roll
Persistent fears over market concentration have led many investors to grow wary of sticking with the mega-cap growth trade that carried the major averages higher throughout much of 2024.
Neutral
ETF Trends
7 months ago
ETF Prime: Rosenbluth on Alternatives Polling and More
On this week's episode of ETF Prime, host Nate Geraci was joined by Todd Rosenbluth, VettaFi head of research, to discuss the latest polling data from VettaFi's recent Alternatives Symposium. Afterwards, Geraci talks to Phil McInnis, Avantis chief investment strategist, about the firm's growth in assets under management from ETF products.
Neutral
ETF Trends
8 months ago
This Week in ETFs: New ETFs in a Slump; Closures Thrive
For the second week in a row, launches of new ETFs have been sluggish, to say the least. Granted, the five launches that took place this past week were more than the two that launched in the week ended April 19.
Positive
ETF Trends
8 months ago
Astoria Portfolio Advisors Founder Davi Shares Market Outlook
Exchange is the event where financial services transforms from an industry into a community. Accordingly, VettaFi interviewed several strategists, giving them an opportunity to share their story and investment philosophy.
Positive
ETF Trends
8 months ago
This Week in ETFs: Fidelity Adds Trio of Options Strategy ETFs
The week ending April 12, 2024 saw the launch of a total of 10 new ETFs, including three funds from Fidelity that implement options strategies. There were also launches from Westwood Holdings, Obra Capital, and Strive Asset Management, among other issuers.
Charts implemented using Lightweight Charts™