ROE vs. KWIN

Last updated Jul 14, 2026

ROE (Astoria US Equal Weight Quality Kings ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. ROE is actively managed, while KWIN is passively managed. At a correlation of -0.03, they often move in opposite directions. ROE charges 0.49%/yr vs 0.51%/yr for KWIN.

Performance

ROE vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria US Equal Weight Quality Kings ETF (ROE) and KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROE achieves a 19.47% return, which is significantly higher than KWIN's 1.59% return.

ROE

• 1D: -1.13%
• 1M: -0.44%
• 6M: 14.96%
• YTD: 19.47%
• 1Y: 31.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: 0.06%
• 1M: 0.13%
• 6M: 1.08%
• YTD: 1.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROE vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
ROE Astoria US Equal Weight Quality Kings ETF	19.47%	2.65%
KWIN KraneShares Wahed Alternative Income Index ETF	1.59%	0.61%

Correlation

The correlation between ROE and KWIN is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	-0.03

Return for Risk

ROE vs. KWIN — Risk / Return Rank

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

ROE

ROE Risk / Return Rank: 84
ROE Sharpe Ratio Rank: 84
ROE Sortino Ratio Rank: 81
ROE Omega Ratio Rank: 79
ROE Calmar Ratio Rank: 85
ROE Martin Ratio Rank: 90

KWIN

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

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.

ROE vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria US Equal Weight Quality Kings ETF (ROE) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.

	ROE	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	2.13	—	—
Sortino ratio: Return per unit of downside risk	2.86	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.67	—	—
Martin ratio: Return relative to average drawdown	16.05	—	—

Drawdowns

ROE vs. KWIN - Drawdown Comparison

The maximum ROE drawdown since its inception was -19.10%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for ROE and KWIN.

Drawdown Indicators

	ROE	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-19.10%	-1.50%	-17.60%
Max Drawdown (1Y) Largest decline over 1 year	-8.66%	—	—
Current Drawdown Current decline from peak	-2.02%	-1.44%	-0.58%
Average Drawdown Average peak-to-trough decline	-2.55%	-0.25%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	ROE	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.95%	4.16%	+10.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.94%	4.16%	+11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.94%	4.16%	+11.78%

ROE vs. KWIN - Expense Ratio Comparison

ROE has a 0.49% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

ROE vs. KWIN - Dividend Comparison

ROE's dividend yield for the trailing twelve months is around 1.02%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%	0.00%	0.00%
ROE Astoria US Equal Weight Quality Kings ETF	1.02%	0.97%	1.18%	0.68%

Frequently Asked Questions

Can I hold both ROE and KWIN in my portfolio?

ROE and KWIN have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROE or KWIN?

On fees, ROE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROE or KWIN?

ROE is cheaper with a 0.49% expense ratio, compared with 0.51% for KWIN.

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

ROE has the higher dividend yield at 1.02%, compared with 0.00% for KWIN.

What is the main difference between ROE and KWIN?

They also come from different issuers: Astoria and KraneShares. Their fees differ too: 0.49% for ROE and 0.51% for KWIN.