CORO vs. DWAT

Last updated Jun 3, 2026

CORO (iShares International Country Rotation Active ETF) and DWAT (Arrow DWA Tactical: Macro ETF) are both Tactical Allocation funds. Both are actively managed. CORO charges 0.55%/yr vs 1.83%/yr for DWAT.

Performance

CORO vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Country Rotation Active ETF (CORO) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CORO

• 1D: 0.68%
• 1M: 6.27%
• YTD: 18.94%
• 6M: 21.98%
• 1Y: 38.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CORO vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
CORO iShares International Country Rotation Active ETF	10.13%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

Return for Risk

CORO vs. DWAT — Risk / Return Rank

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

CORO

CORO Risk / Return Rank: 73
CORO Sharpe Ratio Rank: 76
CORO Sortino Ratio Rank: 73
CORO Omega Ratio Rank: 76
CORO Calmar Ratio Rank: 69
CORO Martin Ratio Rank: 73

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.

CORO vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Country Rotation Active ETF (CORO) and Arrow DWA Tactical: Macro ETF (DWAT). 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.

	CORO	DWAT	Difference
Sharpe ratio Return per unit of total volatility	2.50	—	—
Sortino ratio Return per unit of downside risk	3.37	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	3.53	—	—
Martin ratio Return relative to average drawdown	14.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CORO	DWAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.08	—	—

Drawdowns

CORO vs. DWAT - Drawdown Comparison

The maximum CORO drawdown since its inception was -14.13%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CORO and DWAT.

Drawdown Indicators

	CORO	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-14.13%	0.00%	-14.13%
Max Drawdown (1Y) Largest decline over 1 year	-11.25%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.74%	0.00%	-1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	—	—

Volatility

Volatility by Period

	CORO	DWAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.43%	0.00%	+15.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	0.00%	+16.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	0.00%	+16.66%

CORO vs. DWAT - Expense Ratio Comparison

CORO has a 0.55% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

CORO vs. DWAT - Dividend Comparison

CORO's dividend yield for the trailing twelve months is around 2.69%, while DWAT has not paid dividends to shareholders.

Position	TTM	2025	2024
CORO iShares International Country Rotation Active ETF	2.69%	3.20%	1.53%
DWAT Arrow DWA Tactical: Macro ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, CORO or DWAT?

On fees, CORO is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CORO or DWAT?

CORO is cheaper with a 0.55% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, CORO or DWAT?

CORO has the higher dividend yield at 2.69%, compared with 0.00% for DWAT.

What is the main difference between CORO and DWAT?

They also come from different issuers: iShares and Arrow Funds. Their fees differ too: 0.55% for CORO and 1.83% for DWAT.