GYLD vs. ORO
GYLD (Arrow Dow Jones Global Yield ETF) and ORO (Arrow Valtoro ETF) are both exchange-traded funds - GYLD is a Diversified Portfolio fund tracking the DJ Brookfield Global Infrastructure Composite Yield, while ORO is a Tactical Allocation fund actively managed by Arrow Funds. GYLD is passively managed, while ORO is actively managed. Their 0.19 correlation means their historical movements had little consistent relationship. GYLD charges 0.75%/yr vs 1.25%/yr for ORO.
Performance
GYLD vs. ORO - Performance Comparison
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Returns By Period
In the year-to-date period, GYLD achieves a 10.90% return, which is significantly higher than ORO's -0.18% return.
GYLD
- 1D
- -0.28%
- 1M
- 0.88%
- 6M
- 9.43%
- YTD
- 10.90%
- 1Y
- 17.18%
- 3Y*
- 14.31%
- 5Y*
- 7.46%
- 10Y*
- 4.43%
- ALL TIME*
- 3.36%
ORO
- 1D
- 0.34%
- 1M
- -0.04%
- 6M
- -1.19%
- YTD
- -0.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $202.70K | $255.16K | $224.57K | |
| $3.79K | $2.89K | $3.36K |
GYLD vs. ORO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GYLD Arrow Dow Jones Global Yield ETF | 10.90% | 3.84% |
ORO Arrow Valtoro ETF | -0.18% | -9.23% |
Correlation
The correlation between GYLD and ORO is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025 | 0.19 |
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Return for Risk
GYLD vs. ORO — Risk / Return Rank
GYLD
ORO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GYLD vs. ORO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Dow Jones Global Yield ETF (GYLD) and Arrow Valtoro ETF (ORO). 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.
| GYLD | ORO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | — | — |
| Martin ratioReturn relative to average drawdown | 9.98 | — | — |
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Drawdowns
GYLD vs. ORO - Drawdown Comparison
The maximum GYLD drawdown since its inception was -55.03%, which is greater than ORO's maximum drawdown of -14.25%. Use the drawdown chart below to compare losses from any high point for GYLD and ORO.
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Drawdown Indicators
| GYLD | ORO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.03% | -14.25% | -40.78% |
Max Drawdown (1Y)Largest decline over 1 year | -4.86% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -8.24% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.89% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -12.94% | +12.60% |
Average DrawdownAverage peak-to-trough decline | -14.25% | -7.53% | -6.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | — | — |
Volatility
GYLD vs. ORO - Volatility Comparison
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Volatility by Period
| GYLD | ORO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.45% | 23.03% | -10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.81% | 23.03% | -9.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 23.03% | -6.55% |
GYLD vs. ORO - Expense Ratio Comparison
GYLD has a 0.75% expense ratio, which is lower than ORO's 1.25% expense ratio.
Dividends
GYLD vs. ORO - Dividend Comparison
GYLD's dividend yield for the trailing twelve months is around 7.20%, while ORO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GYLD Arrow Dow Jones Global Yield ETF | 7.20% | 8.43% | 12.90% | 7.13% | 4.64% | 5.50% | 7.42% | 5.83% | 8.17% | 6.78% | 7.29% | 10.35% |
ORO Arrow Valtoro ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GYLD and ORO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GYLD is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GYLD is cheaper with a 0.75% expense ratio, compared with 1.25% for ORO.
GYLD has the higher dividend yield at 7.20%, compared with 0.00% for ORO.
GYLD is categorized as Diversified Portfolio, while ORO is Tactical Allocation. Their fees differ too: 0.75% for GYLD and 1.25% for ORO.
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