QTR vs. ROMO
QTR (Global X NASDAQ 100 Tail Risk ETF) and ROMO (Strategy Shares Newfound/ReSolve Robust Momentum ETF) are both exchange-traded funds - QTR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Protective Put 90 Index, while ROMO is a Momentum fund tracking the Newfound/ReSolve Robust Equity Momentum Index. Both are passively managed. Over the past 3 years, QTR returned 17.27%/yr vs 12.91%/yr for ROMO. Their 0.71 correlation means they have sometimes moved together and sometimes differently. QTR charges 0.60%/yr vs 0.82%/yr for ROMO.
Performance
QTR vs. ROMO - Performance Comparison
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Returns By Period
In the year-to-date period, QTR achieves a 9.22% return, which is significantly higher than ROMO's 6.82% return.
QTR
- 1D
- 0.35%
- 1M
- -3.59%
- 6M
- 8.37%
- YTD
- 9.22%
- 1Y
- 19.33%
- 3Y*
- 17.27%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.19%
ROMO
- 1D
- 0.28%
- 1M
- 0.49%
- 6M
- 3.56%
- YTD
- 6.82%
- 1Y
- 17.25%
- 3Y*
- 12.91%
- 5Y*
- 6.47%
- 10Y*
- —
- ALL TIME*
- 6.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.65K | $23.70K | $62.72K | |
| $20.73K | $35.75K | $74.68K |
QTR vs. ROMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QTR Global X NASDAQ 100 Tail Risk ETF | 9.22% | 14.52% | 21.46% | 45.53% | -29.94% | 4.16% |
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 6.82% | 9.29% | 20.68% | 11.05% | -18.88% | 5.24% |
Correlation
The correlation between QTR and ROMO is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.71 |
The correlation between QTR and ROMO shifts across timeframes, from 0.71 (all time) to 0.82 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
QTR vs. ROMO — Risk / Return Rank
QTR
ROMO
QTR vs. ROMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) and Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO). 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.
| QTR | ROMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.22 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.50 | -0.09 |
| Martin ratioReturn relative to average drawdown | 4.26 | 5.25 | -1.00 |
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Drawdowns
QTR vs. ROMO - Drawdown Comparison
The maximum QTR drawdown since its inception was -31.72%, which is greater than ROMO's maximum drawdown of -28.66%. Use the drawdown chart below to compare losses from any high point for QTR and ROMO.
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Drawdown Indicators
| QTR | ROMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.72% | -28.66% | -3.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -11.16% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -18.99% | -14.09% | -4.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.26% | — |
Current DrawdownCurrent decline from peak | -7.38% | -1.16% | -6.22% |
Average DrawdownAverage peak-to-trough decline | -8.69% | -8.16% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 3.17% | +0.89% |
Volatility
QTR vs. ROMO - Volatility Comparison
Global X NASDAQ 100 Tail Risk ETF (QTR) has a higher volatility of 4.46% compared to Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) at 3.76%. This indicates that QTR's price experiences larger fluctuations and is considered to be riskier than ROMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTR | ROMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 3.76% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 12.00% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.64% | 14.15% | +2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.30% | 12.17% | +6.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.30% | 14.45% | +3.85% |
QTR vs. ROMO - Expense Ratio Comparison
QTR has a 0.60% expense ratio, which is lower than ROMO's 0.82% expense ratio.
Dividends
QTR vs. ROMO - Dividend Comparison
QTR's dividend yield for the trailing twelve months is around 17.10%, more than ROMO's 8.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
QTR Global X NASDAQ 100 Tail Risk ETF | 17.10% | 18.77% | 0.50% | 0.53% | 0.36% | 1.90% | 0.00% | 0.00% |
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 8.31% | 8.87% | 0.76% | 2.42% | 0.77% | 0.56% | 0.97% | 0.58% |
Frequently Asked Questions
QTR and ROMO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QTR has higher volatility (4.46%) compared to ROMO (3.76%). In terms of maximum drawdown, QTR dropped -31.72% vs ROMO's -28.66%.
On 3-year performance, QTR leads with 17.27% vs 12.91% for ROMO. On fees, QTR is cheaper at 0.60% per year. On volatility, ROMO has been the lower-risk option at 3.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QTR has performed better with a 17.27% return vs 12.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QTR is cheaper with a 0.60% expense ratio, compared with 0.82% for ROMO.
QTR has the higher dividend yield at 17.10%, compared with 8.31% for ROMO.
QTR is categorized as Nasdaq-100, while ROMO is Momentum. QTR tracks NASDAQ-100 Quarterly Protective Put 90 Index, while ROMO tracks Newfound/ReSolve Robust Equity Momentum Index. They also come from different issuers: Global X and Strategy Shares. Their fees differ too: 0.60% for QTR and 0.82% for ROMO.
ROMO currently has the higher Sharpe Ratio (1.18 vs 1.04), 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.
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