EZRO vs. MATE

Last updated Jun 4, 2026

EZRO (AlphaDroid Defensive Sector Rotation ETF) and MATE (Man Active Trend Enhanced ETF) are both Tactical Allocation funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. EZRO charges 1.01%/yr vs 0.97%/yr for MATE.

Performance

EZRO vs. MATE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaDroid Defensive Sector Rotation ETF (EZRO) and Man Active Trend Enhanced ETF (MATE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZRO achieves a 8.53% return, which is significantly lower than MATE's 20.78% return.

EZRO

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

MATE

• 1D: -0.07%
• 1M: 7.70%
• YTD: 20.78%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZRO vs. MATE - Yearly Performance Comparison

	2026 (YTD)	2025
EZRO AlphaDroid Defensive Sector Rotation ETF	8.53%	3.93%
MATE Man Active Trend Enhanced ETF	20.78%	4.27%

Correlation

The correlation between EZRO and MATE is 0.59, 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 Dec 18, 2025	0.59

Return for Risk

EZRO vs. MATE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Defensive Sector Rotation ETF (EZRO) and Man Active Trend Enhanced ETF (MATE). 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

	EZRO	MATE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	3.07	-2.47

Drawdowns

EZRO vs. MATE - Drawdown Comparison

The maximum EZRO drawdown since its inception was -11.57%, smaller than the maximum MATE drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for EZRO and MATE.

Drawdown Indicators

	EZRO	MATE	Difference
Max Drawdown Largest peak-to-trough decline	-11.57%	-13.24%	+1.67%
Current Drawdown Current decline from peak	-3.67%	-0.07%	-3.60%
Average Drawdown Average peak-to-trough decline	-3.57%	-3.27%	-0.30%

Volatility

Volatility by Period

	EZRO	MATE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	21.76%	-3.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	21.76%	-3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	21.76%	-3.19%

EZRO vs. MATE - Expense Ratio Comparison

EZRO has a 1.01% expense ratio, which is higher than MATE's 0.97% expense ratio.

Dividends

EZRO vs. MATE - Dividend Comparison

Neither EZRO nor MATE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EZRO and MATE in my portfolio?

EZRO and MATE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZRO or MATE?

On fees, MATE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZRO or MATE?

MATE is cheaper with a 0.97% expense ratio, compared with 1.01% for EZRO.

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

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

What is the main difference between EZRO and MATE?

They also come from different issuers: AlphaDroid and Man Group. Their fees differ too: 1.01% for EZRO and 0.97% for MATE.