EZMO vs. EZRO

Last updated Jun 4, 2026

EZMO (AlphaDroid Broad Markets Momentum ETF) and EZRO (AlphaDroid Defensive Sector Rotation ETF) are both exchange-traded funds - EZMO is a Momentum fund actively managed by AlphaDroid, while EZRO is a Tactical Allocation fund actively managed by AlphaDroid. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. EZMO charges 0.94%/yr vs 1.01%/yr for EZRO.

Performance

EZMO vs. EZRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaDroid Broad Markets Momentum ETF (EZMO) and AlphaDroid Defensive Sector Rotation ETF (EZRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZMO achieves a 1.98% return, which is significantly lower than EZRO's 8.53% return.

EZMO

• 1D: -0.43%
• 1M: 1.26%
• YTD: 1.98%
• 6M: 1.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZRO

• 1D: -1.77%
• 1M: -1.37%
• YTD: 8.53%
• 6M: 8.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZMO vs. EZRO - Yearly Performance Comparison

	2026 (YTD)	2025
EZMO AlphaDroid Broad Markets Momentum ETF	1.98%	5.20%
EZRO AlphaDroid Defensive Sector Rotation ETF	8.53%	-1.65%

Correlation

The correlation between EZMO and EZRO is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.76

Return for Risk

EZMO vs. EZRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Broad Markets Momentum ETF (EZMO) and AlphaDroid Defensive Sector Rotation ETF (EZRO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EZMO	EZRO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.60	+0.19

Drawdowns

EZMO vs. EZRO - Drawdown Comparison

The maximum EZMO drawdown since its inception was -9.23%, smaller than the maximum EZRO drawdown of -11.57%. Use the drawdown chart below to compare losses from any high point for EZMO and EZRO.

Drawdown Indicators

	EZMO	EZRO	Difference
Max Drawdown Largest peak-to-trough decline	-9.23%	-11.57%	+2.34%
Current Drawdown Current decline from peak	-7.60%	-3.67%	-3.93%
Average Drawdown Average peak-to-trough decline	-4.24%	-3.57%	-0.67%

Volatility

Volatility by Period

	EZMO	EZRO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.21%	18.57%	-3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.21%	18.57%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.21%	18.57%	-3.36%

EZMO vs. EZRO - Expense Ratio Comparison

EZMO has a 0.94% expense ratio, which is lower than EZRO's 1.01% expense ratio.

Dividends

EZMO vs. EZRO - Dividend Comparison

Neither EZMO nor EZRO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EZMO and EZRO in my portfolio?

EZMO and EZRO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZMO or EZRO?

On fees, EZMO is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZMO or EZRO?

EZMO is cheaper with a 0.94% expense ratio, compared with 1.01% for EZRO.

Which ETF pays a higher dividend yield, EZMO or EZRO?

EZMO and EZRO have nearly identical dividend yields, around 0.00%.

What is the main difference between EZMO and EZRO?

EZMO is categorized as Momentum, while EZRO is Tactical Allocation. Their fees differ too: 0.94% for EZMO and 1.01% for EZRO.