QGRO vs. ROE

Last updated Aug 4, 2026

QGRO (American Century U.S. Quality Growth ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Quality Factor funds. QGRO is passively managed, while ROE is actively managed. Over the past 3 years, QGRO returned 19.28%/yr vs 21.23%/yr for ROE. Their correlation of 0.85 means they have usually moved in the same direction. QGRO charges 0.29%/yr vs 0.49%/yr for ROE.

Performance

QGRO vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century U.S. Quality Growth ETF (QGRO) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QGRO achieves a 1.31% return, which is significantly lower than ROE's 21.52% return.

QGRO

• 1D: 1.31%
• 1M: -0.28%
• 6M: 2.39%
• YTD: 1.31%
• 1Y: 7.84%
• 3Y*: 19.28%
• 5Y*: 9.69%
• 10Y*: —
• ALL TIME*: 14.87%

ROE

• 1D: 0.98%
• 1M: 1.61%
• 6M: 15.98%
• YTD: 21.52%
• 1Y: 34.66%
• 3Y*: 21.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QGRO American Century U.S. Quality Growth ETF	$8.71M	$8.72M	$14.21M
ROE Astoria US Equal Weight Quality Kings ETF	$1.14M	$1.17M	$931.17K

QGRO vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QGRO American Century U.S. Quality Growth ETF	1.31%	15.18%	31.42%	7.69%
ROE Astoria US Equal Weight Quality Kings ETF	21.52%	17.20%	18.34%	4.31%

Correlation

The correlation between QGRO and ROE is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.85

The correlation between QGRO and ROE has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

QGRO vs. ROE - Sectors Allocation Comparison

Sectors	QGRO	ROE
Technology	42.5%	33.9%
Communication Services	15.2%	11.1%
Industrials	12.3%	9.0%
Healthcare	11.6%	10.2%
Consumer Cyclical	8.3%	11.0%
Financial Services	3.9%	11.9%
Consumer Defensive	3.3%	4.9%
Energy	1.2%	2.9%
Utilities	0.8%	2.0%
Real Estate	0.8%	2.0%
Basic Materials	0.2%	1.0%

Return for Risk

QGRO vs. ROE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QGRO

QGRO Risk / Return Rank: 22
QGRO Sharpe Ratio Rank: 23
QGRO Sortino Ratio Rank: 22
QGRO Omega Ratio Rank: 21
QGRO Calmar Ratio Rank: 21
QGRO Martin Ratio Rank: 25

ROE

ROE Risk / Return Rank: 90
ROE Sharpe Ratio Rank: 90
ROE Sortino Ratio Rank: 88
ROE Omega Ratio Rank: 87
ROE Calmar Ratio Rank: 90
ROE Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QGRO vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century U.S. Quality Growth ETF (QGRO) and Astoria US Equal Weight Quality Kings ETF (ROE). 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.

	QGRO	ROE	Difference
Sharpe ratio: Return per unit of total volatility	0.49	2.32	-1.83
Sortino ratio: Return per unit of downside risk	0.78	3.09	-2.30
Omega ratio: Gain probability vs. loss probability	1.09	1.40	-0.31
Calmar ratio: Return relative to maximum drawdown	0.58	4.02	-3.44
Martin ratio: Return relative to average drawdown	1.90	17.11	-15.21

QGRO vs. ROE - Sharpe Ratio Comparison

The current QGRO Sharpe Ratio is 0.49, which is lower than the ROE Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of QGRO and ROE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QGRO vs. ROE - Drawdown Comparison

The maximum QGRO drawdown since its inception was -32.56%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for QGRO and ROE.

Drawdown Indicators

	QGRO	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-32.56%	-19.10%	-13.46%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-8.66%	-4.88%
Max Drawdown (3Y) Largest decline over 3 years	-23.82%	-19.10%	-4.72%
Max Drawdown (5Y) Largest decline over 5 years	-31.86%	—	—
Current Drawdown Current decline from peak	-2.05%	-0.34%	-1.71%
Average Drawdown Average peak-to-trough decline	-7.56%	-2.54%	-5.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.13%	2.03%	+2.10%

Volatility

QGRO vs. ROE - Volatility Comparison

American Century U.S. Quality Growth ETF (QGRO) has a higher volatility of 4.19% compared to Astoria US Equal Weight Quality Kings ETF (ROE) at 3.61%. This indicates that QGRO's price experiences larger fluctuations and is considered to be riskier than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QGRO	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	3.61%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	11.74%	+1.09%
Volatility (1Y) Calculated over the trailing 1-year period	16.20%	15.05%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	15.87%	+5.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.83%	15.87%	+6.96%

QGRO vs. ROE - Expense Ratio Comparison

QGRO has a 0.29% expense ratio, which is lower than ROE's 0.49% expense ratio.

Dividends

QGRO vs. ROE - Dividend Comparison

QGRO's dividend yield for the trailing twelve months is around 0.18%, less than ROE's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QGRO American Century U.S. Quality Growth ETF	0.18%	0.25%	0.25%	0.41%	0.46%	0.31%	0.22%	0.38%	0.13%
ROE Astoria US Equal Weight Quality Kings ETF	1.00%	0.97%	1.18%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QGRO and ROE in my portfolio?

QGRO and ROE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QGRO or ROE?

QGRO has higher volatility (4.19%) compared to ROE (3.61%). In terms of maximum drawdown, QGRO dropped -32.56% vs ROE's -19.10%.

Which ETF is better, QGRO or ROE?

On 3-year performance, ROE leads with 21.23% vs 19.28% for QGRO. On fees, QGRO is cheaper at 0.29% per year. On volatility, ROE has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QGRO or ROE?

Over the 3-year period, ROE has performed better with a 21.23% return vs 19.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QGRO or ROE?

QGRO is cheaper with a 0.29% expense ratio, compared with 0.49% for ROE.

Which ETF pays a higher dividend yield, QGRO or ROE?

ROE has the higher dividend yield at 1.00%, compared with 0.18% for QGRO.

What is the main difference between QGRO and ROE?

They also come from different issuers: American Century and Astoria. Their fees differ too: 0.29% for QGRO and 0.49% for ROE.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.32 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.