EZRO vs. ONOF
EZRO (AlphaDroid Defensive Sector Rotation ETF) and ONOF (Global X Adaptive U.S. Risk Management ETF) are both Tactical Allocation funds. EZRO is actively managed, while ONOF is passively managed. A 0.65 correlation means they provide meaningful diversification when combined. EZRO charges 1.01%/yr vs 0.39%/yr for ONOF.
Performance
EZRO vs. ONOF - Performance Comparison
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Returns By Period
In the year-to-date period, EZRO achieves a 0.94% return, which is significantly lower than ONOF's 4.31% return.
EZRO
- 1D
- -0.87%
- 1M
- -9.06%
- YTD
- 0.94%
- 6M
- -0.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ONOF
- 1D
- -0.42%
- 1M
- -1.55%
- YTD
- 4.31%
- 6M
- 3.02%
- 1Y
- 17.72%
- 3Y*
- 12.07%
- 5Y*
- 8.31%
- 10Y*
- —
EZRO vs. ONOF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EZRO AlphaDroid Defensive Sector Rotation ETF | 0.94% | -3.19% |
ONOF Global X Adaptive U.S. Risk Management ETF | 4.31% | 2.73% |
Correlation
The correlation between EZRO and ONOF is 0.65, 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 16, 2025 | 0.65 |
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Return for Risk
EZRO vs. ONOF — Risk / Return Rank
EZRO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ONOF
EZRO vs. ONOF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Defensive Sector Rotation ETF (EZRO) and Global X Adaptive U.S. Risk Management ETF (ONOF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EZRO | ONOF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.59 | — |
| Martin ratioReturn relative to average drawdown | — | 8.54 | — |
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Drawdowns
EZRO vs. ONOF - Drawdown Comparison
The maximum EZRO drawdown since its inception was -12.08%, smaller than the maximum ONOF drawdown of -26.21%. Use the drawdown chart below to compare losses from any high point for EZRO and ONOF.
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Drawdown Indicators
| EZRO | ONOF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.08% | -26.21% | +14.13% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.86% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.21% | — |
Current DrawdownCurrent decline from peak | -10.40% | -3.47% | -6.93% |
Average DrawdownAverage peak-to-trough decline | -3.96% | -6.11% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.08% | — |
Volatility
EZRO vs. ONOF - Volatility Comparison
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Volatility by Period
| EZRO | ONOF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.90% | 11.85% | +9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 14.41% | +6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.90% | 14.39% | +6.51% |
EZRO vs. ONOF - Expense Ratio Comparison
EZRO has a 1.01% expense ratio, which is higher than ONOF's 0.39% expense ratio.
Dividends
EZRO vs. ONOF - Dividend Comparison
EZRO has not paid dividends to shareholders, while ONOF's dividend yield for the trailing twelve months is around 1.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EZRO AlphaDroid Defensive Sector Rotation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ONOF Global X Adaptive U.S. Risk Management ETF | 1.32% | 1.38% | 0.93% | 1.37% | 1.92% | 0.69% |
Frequently Asked Questions
EZRO and ONOF have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ONOF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ONOF is cheaper with a 0.39% expense ratio, compared with 1.01% for EZRO.
ONOF has the higher dividend yield at 1.32%, compared with 0.00% for EZRO.
They also come from different issuers: AlphaDroid and Global X. Their fees differ too: 1.01% for EZRO and 0.39% for ONOF.
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