ORO vs. MATE
ORO (Arrow Valtoro ETF) and MATE (Man Active Trend Enhanced ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. ORO charges 1.25%/yr vs 0.97%/yr for MATE.
Performance
ORO vs. MATE - Performance Comparison
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Returns By Period
In the year-to-date period, ORO achieves a -0.18% return, which is significantly lower than MATE's 17.81% return.
ORO
- 1D
- 0.34%
- 1M
- -0.04%
- 6M
- -1.19%
- YTD
- -0.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MATE
- 1D
- 0.86%
- 1M
- 1.69%
- 6M
- 8.49%
- YTD
- 17.81%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $90.69K | $212.59K | $176.45K | |
| $3.79K | $2.89K | $3.36K |
ORO vs. MATE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ORO Arrow Valtoro ETF | -0.18% | -0.27% |
MATE Man Active Trend Enhanced ETF | 17.81% | 2.65% |
Correlation
The correlation between ORO and MATE is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025 | 0.57 |
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Return for Risk
ORO vs. MATE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Valtoro ETF (ORO) 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.
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
ORO vs. MATE - Drawdown Comparison
The maximum ORO drawdown since its inception was -14.25%, which is greater than MATE's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for ORO and MATE.
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Drawdown Indicators
| ORO | MATE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.25% | -13.24% | -1.01% |
Current DrawdownCurrent decline from peak | -12.94% | -2.53% | -10.41% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -3.48% | -4.05% |
Volatility
ORO vs. MATE - Volatility Comparison
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Volatility by Period
| ORO | MATE | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 23.03% | 22.40% | +0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.03% | 22.40% | +0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.03% | 22.40% | +0.63% |
ORO vs. MATE - Expense Ratio Comparison
ORO has a 1.25% expense ratio, which is higher than MATE's 0.97% expense ratio.
Dividends
ORO vs. MATE - Dividend Comparison
Neither ORO nor MATE has paid dividends to shareholders.
Frequently Asked Questions
ORO and MATE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
MATE is cheaper with a 0.97% expense ratio, compared with 1.25% for ORO.
ORO and MATE have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Arrow Funds and Man Group. Their fees differ too: 1.25% for ORO and 0.97% for MATE.
Find the right allocation for ORO and MATE
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