EUSA vs. ROE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI USA Equal Weighted ETF (EUSA) and Astoria US Equal Weight Quality Kings ETF (ROE).

EUSA and ROE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUSA is a passively managed fund by iShares that tracks the performance of the MSCI USA Index. It was launched on May 5, 2010. ROE is an actively managed fund by Astoria. It was launched on Jul 31, 2023.

Performance

EUSA vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Equal Weighted ETF (EUSA) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

EUSA vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EUSA iShares MSCI USA Equal Weighted ETF	-0.88%	10.24%	14.64%	4.25%
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, EUSA achieves a -0.88% return, which is significantly lower than ROE's 1.29% return.

EUSA

• 1D: 0.33%
• 1M: -5.30%
• YTD: -0.88%
• 6M: -0.11%
• 1Y: 10.76%
• 3Y*: 12.34%
• 5Y*: 6.88%
• 10Y*: 10.84%

ROE

• 1D: 0.54%
• 1M: -4.79%
• YTD: 1.29%
• 6M: 2.88%
• 1Y: 22.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUSA vs. ROE - Expense Ratio Comparison

EUSA has a 0.15% expense ratio, which is lower than ROE's 0.49% expense ratio.

ROE

Astoria US Equal Weight Quality Kings ETF

EUSA

iShares MSCI USA Equal Weighted ETF

Return for Risk

EUSA vs. ROE — Risk / Return Rank

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

EUSA

EUSA Risk / Return Rank: 34
EUSA Sharpe Ratio Rank: 32
EUSA Sortino Ratio Rank: 33
EUSA Omega Ratio Rank: 33
EUSA Calmar Ratio Rank: 34
EUSA Martin Ratio Rank: 41

ROE

ROE Risk / Return Rank: 68
ROE Sharpe Ratio Rank: 65
ROE Sortino Ratio Rank: 67
ROE Omega Ratio Rank: 65
ROE Calmar Ratio Rank: 68
ROE Martin Ratio Rank: 76

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.

EUSA vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) 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.

	EUSA	ROE	Difference
Sharpe ratio Return per unit of total volatility	0.63	1.19	-0.56
Sortino ratio Return per unit of downside risk	1.01	1.76	-0.75
Omega ratio Gain probability vs. loss probability	1.14	1.25	-0.11
Calmar ratio Return relative to maximum drawdown	0.89	1.89	-1.01
Martin ratio Return relative to average drawdown	4.05	8.86	-4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUSA vs. ROE - Sharpe Ratio Comparison

The current EUSA Sharpe Ratio is 0.63, which is lower than the ROE Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of EUSA and ROE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EUSA	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	1.19	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.97	-0.30

Correlation

The correlation between EUSA and ROE is 0.91, 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

EUSA vs. ROE - Dividend Comparison

EUSA's dividend yield for the trailing twelve months is around 1.68%, more than ROE's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSA iShares MSCI USA Equal Weighted ETF	1.68%	1.63%	1.47%	1.53%	1.73%	1.23%	1.45%	1.49%	2.01%	1.50%	1.59%	2.21%
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

EUSA vs. ROE - Drawdown Comparison

The maximum EUSA drawdown since its inception was -39.16%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for EUSA and ROE.

Drawdown Indicators

	EUSA	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-39.16%	-19.10%	-20.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.37%	-12.22%	-0.15%
Max Drawdown (5Y) Largest decline over 5 years	-25.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.16%	—	—
Current Drawdown Current decline from peak	-5.38%	-5.64%	+0.26%
Average Drawdown Average peak-to-trough decline	-4.63%	-2.70%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	2.61%	+0.09%

Volatility

EUSA vs. ROE - Volatility Comparison

The current volatility for iShares MSCI USA Equal Weighted ETF (EUSA) is 4.68%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 5.63%. This indicates that EUSA 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

	EUSA	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	5.63%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	9.16%	11.31%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	17.21%	19.17%	-1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	15.90%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	15.90%	+2.43%