ORO vs. BSR

Last updated Jun 24, 2026

ORO (Arrow Valtoro ETF) and BSR (Beacon Selective Risk ETF) are both Tactical Allocation funds. ORO is actively managed, while BSR is passively managed. At a 0.48 correlation, their price movements are largely independent. ORO charges 1.25%/yr vs 1.10%/yr for BSR.

Performance

ORO vs. BSR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Valtoro ETF (ORO) and Beacon Selective Risk ETF (BSR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORO achieves a -0.13% return, which is significantly lower than BSR's 2.97% return.

ORO

• 1D: -2.52%
• 1M: -7.86%
• YTD: -0.13%
• 6M: -3.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSR

• 1D: 0.19%
• 1M: -0.10%
• YTD: 2.97%
• 6M: 1.87%
• 1Y: 9.90%
• 3Y*: 7.16%
• 5Y*: —
• 10Y*: —

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

ORO vs. BSR - Yearly Performance Comparison

	2026 (YTD)	2025
ORO Arrow Valtoro ETF	-0.13%	-9.23%
BSR Beacon Selective Risk ETF	2.97%	1.77%

Correlation

The correlation between ORO and BSR is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.48

Return for Risk

ORO vs. BSR — Risk / Return Rank

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

ORO

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

BSR

BSR Risk / Return Rank: 34
BSR Sharpe Ratio Rank: 36
BSR Sortino Ratio Rank: 33
BSR Omega Ratio Rank: 33
BSR Calmar Ratio Rank: 36
BSR Martin Ratio Rank: 33

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.

ORO vs. BSR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Valtoro ETF (ORO) and Beacon Selective Risk ETF (BSR). 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.

	ORO	BSR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.14	—
Sortino ratio: Return per unit of downside risk	—	1.60	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.62	—
Martin ratio: Return relative to average drawdown	—	4.32	—

Drawdowns

ORO vs. BSR - Drawdown Comparison

The maximum ORO drawdown since its inception was -12.89%, smaller than the maximum BSR drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for ORO and BSR.

Drawdown Indicators

	ORO	BSR	Difference
Max Drawdown Largest peak-to-trough decline	-12.89%	-15.68%	+2.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.68%	—
Current Drawdown Current decline from peak	-12.89%	-4.81%	-8.08%
Average Drawdown Average peak-to-trough decline	-6.71%	-4.58%	-2.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.30%	—

Volatility

Volatility by Period

	ORO	BSR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.53%	8.77%	+14.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.53%	16.16%	+7.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.53%	16.16%	+7.37%

ORO vs. BSR - Expense Ratio Comparison

ORO has a 1.25% expense ratio, which is higher than BSR's 1.10% expense ratio.

Dividends

ORO vs. BSR - Dividend Comparison

ORO has not paid dividends to shareholders, while BSR's dividend yield for the trailing twelve months is around 2.81%.

Position	TTM	2025	2024	2023
BSR Beacon Selective Risk ETF	2.81%	2.89%	0.89%	1.08%
ORO Arrow Valtoro ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ORO and BSR in my portfolio?

ORO and BSR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORO or BSR?

On fees, BSR is cheaper at 1.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORO or BSR?

BSR is cheaper with a 1.10% expense ratio, compared with 1.25% for ORO.

Which ETF pays a higher dividend yield, ORO or BSR?

BSR has the higher dividend yield at 2.81%, compared with 0.00% for ORO.

What is the main difference between ORO and BSR?

They also come from different issuers: Arrow Funds and American Beacon. Their fees differ too: 1.25% for ORO and 1.10% for BSR.