Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO)
ROMO is a passive ETF by Rational Capital LLC tracking the investment results of the Newfound/ReSolve Robust Equity Momentum Index. ROMO launched on Nov 1, 2019 and has a 0.82% expense ratio.
ETF Info
Issuer | Rational Capital LLC |
---|---|
Inception Date | Nov 1, 2019 |
Region | Developed Markets (Broad) |
Category | Hedge Fund |
Index Tracked | Newfound/ReSolve Robust Equity Momentum Index |
Asset Class | Multi-Asset |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The Strategy Shares Newfound/ReSolve Robust Momentum ETF has a high expense ratio of 0.82%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ROMO vs. SPY, ROMO vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Strategy Shares Newfound/ReSolve Robust Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Strategy Shares Newfound/ReSolve Robust Momentum ETF had a return of 4.58% year-to-date (YTD) and 10.82% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.58% | 5.05% |
1 month | -4.22% | -4.27% |
6 months | 14.28% | 18.82% |
1 year | 10.82% | 21.22% |
5 years (annualized) | N/A | 11.38% |
10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.38% | 5.03% | 2.86% | |||||||||
2023 | -4.25% | -1.07% | 5.12% | 4.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Strategy Shares Newfound/ReSolve Robust Momentum ETF(ROMO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Strategy Shares Newfound/ReSolve Robust Momentum ETF granted a 2.31% dividend yield in the last twelve months. The annual payout for that period amounted to $0.64 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.64 | $0.64 | $0.19 | $0.17 | $0.24 | $0.15 |
Dividend yield | 2.31% | 2.42% | 0.77% | 0.56% | 0.97% | 0.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Strategy Shares Newfound/ReSolve Robust Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | |||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
2019 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Strategy Shares Newfound/ReSolve Robust Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Strategy Shares Newfound/ReSolve Robust Momentum ETF was 28.66%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.
The current Strategy Shares Newfound/ReSolve Robust Momentum ETF drawdown is 6.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-28.66% | Feb 20, 2020 | 23 | Mar 23, 2020 | 268 | Apr 15, 2021 | 291 |
-20.26% | Dec 30, 2021 | 216 | Nov 7, 2022 | — | — | — |
-5.07% | Sep 3, 2021 | 21 | Oct 4, 2021 | 16 | Oct 26, 2021 | 37 |
-4.18% | Nov 19, 2021 | 8 | Dec 1, 2021 | 7 | Dec 10, 2021 | 15 |
-4.01% | May 10, 2021 | 3 | May 12, 2021 | 16 | Jun 4, 2021 | 19 |
Volatility
Volatility Chart
The current Strategy Shares Newfound/ReSolve Robust Momentum ETF volatility is 3.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.