EQAL vs. ROE
Compare and contrast key facts about Invesco Russell 1000 Equal Weight ETF (EQAL) and Astoria US Equal Weight Quality Kings ETF (ROE).
EQAL and ROE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQAL is a passively managed fund by Invesco that tracks the performance of the Russell 1000 Equal Weight Index. It was launched on Dec 23, 2014. ROE is an actively managed fund by Astoria. It was launched on Jul 31, 2023.
Performance
EQAL vs. ROE - Performance Comparison
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EQAL vs. ROE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EQAL Invesco Russell 1000 Equal Weight ETF | 5.48% | 11.05% | 11.38% | 2.52% |
ROE Astoria US Equal Weight Quality Kings ETF | 1.29% | 17.20% | 18.34% | 4.29% |
Returns By Period
In the year-to-date period, EQAL achieves a 5.48% return, which is significantly higher than ROE's 1.29% return.
EQAL
- 1D
- 0.31%
- 1M
- -4.00%
- YTD
- 5.48%
- 6M
- 6.68%
- 1Y
- 18.85%
- 3Y*
- 12.43%
- 5Y*
- 6.80%
- 10Y*
- 10.39%
ROE
- 1D
- 0.54%
- 1M
- -4.79%
- YTD
- 1.29%
- 6M
- 2.88%
- 1Y
- 22.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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EQAL vs. ROE - Expense Ratio Comparison
EQAL has a 0.20% expense ratio, which is lower than ROE's 0.49% expense ratio.
Return for Risk
EQAL vs. ROE — Risk / Return Rank
EQAL
ROE
EQAL vs. ROE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Equal Weight ETF (EQAL) 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.
| EQAL | ROE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.19 | -0.14 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.76 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.89 | -0.48 |
Martin ratioReturn relative to average drawdown | 6.59 | 8.86 | -2.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EQAL | ROE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.19 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.97 | -0.49 |
Correlation
The correlation between EQAL and ROE is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EQAL vs. ROE - Dividend Comparison
EQAL's dividend yield for the trailing twelve months is around 1.75%, more than ROE's 1.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQAL Invesco Russell 1000 Equal Weight ETF | 1.75% | 1.79% | 1.62% | 1.88% | 1.95% | 1.32% | 1.63% | 1.61% | 1.62% | 1.18% | 1.57% | 1.64% |
ROE Astoria US Equal Weight Quality Kings ETF | 1.12% | 0.97% | 1.18% | 0.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQAL vs. ROE - Drawdown Comparison
The maximum EQAL drawdown since its inception was -40.44%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for EQAL and ROE.
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Drawdown Indicators
| EQAL | ROE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.44% | -19.10% | -21.34% |
Max Drawdown (1Y)Largest decline over 1 year | -13.61% | -12.22% | -1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -21.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.44% | — | — |
Current DrawdownCurrent decline from peak | -4.00% | -5.64% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -5.15% | -2.70% | -2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.61% | +0.30% |
Volatility
EQAL vs. ROE - Volatility Comparison
The current volatility for Invesco Russell 1000 Equal Weight ETF (EQAL) is 4.75%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 5.63%. This indicates that EQAL 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.
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Volatility by Period
| EQAL | ROE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 5.63% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 11.31% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.05% | 19.17% | -1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.29% | 15.90% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 15.90% | +2.99% |