Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) Alternatives
Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ROMO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ROMO
ROMO charges 0.82% annually. Among ETFs in the Hedge Fund category, these options have the lowest expense ratios among ROMO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Xtrackers MSCI EAFE Hedged Equity ETF | 0.36% | Jun 9, 2011 | ROMO vs DBEF | |
| SPDR SSgA Multi-Asset Real Return ETF | 0.50% | Apr 25, 2012 | ROMO vs RLY | |
| Simplify Interest Rate Hedge ETF | 0.50% | May 10, 2021 | ROMO vs PFIX | |
| RPAR Risk Parity ETF | 0.51% | Dec 13, 2019 | ROMO vs RPAR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | Aug 25, 2021 | ROMO vs QTR |
Best Risk-Adjusted Alternatives to ROMO
Among ETFs in the Hedge Fund category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Proshares Merger ETF | 97 | Dec 11, 2012 | ROMO vs MRGR | |
| Gadsden Dynamic Multi-Asset ETF | 96 | Nov 14, 2018 | ROMO vs GDMA | |
| iM DBi Managed Futures Strategy ETF | 95 | May 8, 2019 | ROMO vs DBMF | |
| SPDR SSgA Multi-Asset Real Return ETF | 95 | Apr 25, 2012 | ROMO vs RLY | |
| WisdomTree Managed Futures Strategy Fund | 94 | Jan 5, 2011 | ROMO vs WTMF |
Top Performing ROMO Alternatives (YTD)
ROMO alternatives from the Hedge Fund category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SPDR SSgA Multi-Asset Real Return ETF | 15.06% | Apr 25, 2012 | ROMO vs RLY | |
| First Trust Managed Futures Strategy Fund | 8.00% | Aug 1, 2013 | ROMO vs FMF | |
| iM DBi Managed Futures Strategy ETF | 7.87% | May 8, 2019 | ROMO vs DBMF | |
| Cambria Global Momentum ETF | 6.82% | Nov 4, 2014 | ROMO vs GMOM | |
| Gadsden Dynamic Multi-Asset ETF | 5.56% | Nov 14, 2018 | ROMO vs GDMA |
Lowest Volatility Alternatives to ROMO
ROMO alternatives from the Hedge Fund category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 2.79% | May 7, 2020 | ROMO vs ARB | |
| Proshares Merger ETF | 4.30% | Dec 11, 2012 | ROMO vs MRGR | |
| IQ Merger Arbitrage ETF | 5.00% | Nov 17, 2009 | ROMO vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.49% | Jan 5, 2011 | ROMO vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.94% | Aug 1, 2013 | ROMO vs FMF |
Lowest Drawdown Alternatives to ROMO
ROMO alternatives from the Hedge Fund category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | -1.20% | May 7, 2020 | ROMO vs ARB | |
| Proshares Merger ETF | -1.66% | Dec 11, 2012 | ROMO vs MRGR | |
| IQ Merger Arbitrage ETF | -2.21% | Nov 17, 2009 | ROMO vs MNA | |
| First Trust Managed Futures Strategy Fund | -3.47% | Aug 1, 2013 | ROMO vs FMF | |
| WisdomTree Managed Futures Strategy Fund | -4.11% | Jan 5, 2011 | ROMO vs WTMF |
Other ETFs from Rational Capital LLC
Most popular Rational Capital LLC ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Strategy Shares Nasdaq 7HANDL Index ETF | Diversified Portfolio | 59 | 0.94% | Jan 17, 2018 | ROMO vs HNDL |
Often Compared With ROMO
What investors most often compare with ROMO, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | ROMO vs VOO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | ROMO vs SPY | |
| Standpoint Multi-Asset Fund Institutional | Diversified Portfolio | 64 | 6.56% | Dec 30, 2019 | ROMO vs BLNDX | |
| Invesco S&P 500 Momentum ETF | S&P 500 | 66 | -5.78% | Oct 9, 2015 | ROMO vs SPMO | |
| Global X NASDAQ 100 Collar 95-110 ETF | Large Cap Growth Equities, Hedge Fund | 48 | -6.67% | Aug 25, 2021 | ROMO vs QCLR |
Compare ROMO with Any Fund or Stock
Compare ROMO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.