BDIV vs. ROE

Last updated Jun 4, 2026

BDIV (AAM Brentview Dividend Growth ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, BDIV returned 20.21% vs 37.99% for ROE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.49% expense ratio.

Performance

BDIV vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Brentview Dividend Growth ETF (BDIV) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDIV achieves a 7.27% return, which is significantly lower than ROE's 20.98% return.

BDIV

• 1D: 0.04%
• 1M: 1.48%
• YTD: 7.27%
• 6M: 6.86%
• 1Y: 20.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ROE

• 1D: -0.04%
• 1M: 8.10%
• YTD: 20.98%
• 6M: 21.56%
• 1Y: 37.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDIV vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BDIV AAM Brentview Dividend Growth ETF	7.27%	18.59%	3.14%
ROE Astoria US Equal Weight Quality Kings ETF	20.98%	17.20%	1.53%

Correlation

The correlation between BDIV and ROE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 1, 2024	0.87

The correlation between BDIV and ROE has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

BDIV vs. ROE - Sectors Allocation Comparison

Sectors	BDIV	ROE
Technology	19.8%	36.1%
Financial Services	14.8%	11.7%
Industrials	14.0%	9.8%
Healthcare	10.2%	8.7%
Consumer Defensive	7.8%	4.7%
Utilities	7.5%	1.9%
Communication Services	6.7%	10.6%
Energy	6.2%	3.5%
Consumer Cyclical	4.9%	9.4%
Basic Materials	4.6%	1.8%
Real Estate	3.5%	1.9%

Return for Risk

BDIV vs. ROE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDIV

BDIV Risk / Return Rank: 63
BDIV Sharpe Ratio Rank: 63
BDIV Sortino Ratio Rank: 68
BDIV Omega Ratio Rank: 63
BDIV Calmar Ratio Rank: 59
BDIV Martin Ratio Rank: 64

ROE

ROE Risk / Return Rank: 83
ROE Sharpe Ratio Rank: 84
ROE Sortino Ratio Rank: 82
ROE Omega Ratio Rank: 80
ROE Calmar Ratio Rank: 83
ROE Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDIV vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Brentview Dividend Growth ETF (BDIV) and Astoria US Equal Weight Quality Kings ETF (ROE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BDIV	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.74	-0.64
Sortino ratio: Return per unit of downside risk	3.07	3.69	-0.62
Omega ratio: Gain probability vs. loss probability	1.38	1.48	-0.10
Calmar ratio: Return relative to maximum drawdown	2.89	4.41	-1.52
Martin ratio: Return relative to average drawdown	11.51	19.92	-8.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDIV vs. ROE - Sharpe Ratio Comparison

The current BDIV Sharpe Ratio is 2.10, which is comparable to the ROE Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of BDIV and ROE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BDIV	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.74	-0.64
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	1.39	-0.19

Drawdowns

BDIV vs. ROE - Drawdown Comparison

The maximum BDIV drawdown since its inception was -14.98%, smaller than the maximum ROE drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for BDIV and ROE.

Drawdown Indicators

	BDIV	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-14.98%	-19.10%	+4.12%
Max Drawdown (1Y) Largest decline over 1 year	-7.01%	-8.66%	+1.65%
Current Drawdown Current decline from peak	-0.53%	-0.04%	-0.49%
Average Drawdown Average peak-to-trough decline	-1.99%	-2.59%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	1.91%	-0.15%

Volatility

BDIV vs. ROE - Volatility Comparison

The current volatility for AAM Brentview Dividend Growth ETF (BDIV) is 2.35%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 3.79%. This indicates that BDIV experiences smaller price fluctuations and is considered to be less risky than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDIV	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	3.79%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	7.22%	10.66%	-3.44%
Volatility (1Y) Calculated over the trailing 1-year period	9.69%	13.94%	-4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.41%	15.78%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.41%	15.78%	-2.37%

BDIV vs. ROE - Expense Ratio Comparison

Both BDIV and ROE have an expense ratio of 0.49%.

Dividends

BDIV vs. ROE - Dividend Comparison

BDIV's dividend yield for the trailing twelve months is around 1.59%, more than ROE's 0.94% yield.

Position	TTM	2025	2024	2023
BDIV AAM Brentview Dividend Growth ETF	1.59%	1.14%	0.62%	0.00%
ROE Astoria US Equal Weight Quality Kings ETF	0.94%	0.97%	1.18%	0.68%

Frequently Asked Questions

Can I hold both BDIV and ROE in my portfolio?

BDIV and ROE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BDIV or ROE?

ROE has higher volatility (3.79%) compared to BDIV (2.35%). In terms of maximum drawdown, BDIV dropped -14.98% vs ROE's -19.10%.

Which ETF is better, BDIV or ROE?

On 1-year performance, ROE leads with 37.99% vs 20.21% for BDIV. Both ETFs have the same 0.49% expense ratio. On volatility, BDIV has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BDIV or ROE?

Over the 1-year period, ROE has performed better with a 37.99% return vs 20.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BDIV or ROE?

BDIV and ROE have the same expense ratio: 0.49% per year.

Which ETF pays a higher dividend yield, BDIV or ROE?

BDIV has the higher dividend yield at 1.59%, compared with 0.94% for ROE.

What is the main difference between BDIV and ROE?

They also come from different issuers: AAM and Astoria.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.74 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.